Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Ireland - 2023
Contents:
- Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Ireland (FOB) - 2023
- Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Ireland (CIF) - 2023
- Exports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Ireland
- Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Ireland
Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Ireland (FOB) - 2023
The average export price for pharmaceutical goods; appliances identifiable for ostomy uses stood at $64,726 per ton in November 2023, flattening at the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. The growth pace was the most rapid in January 2023 an increase of 18% month-to-month. The export price peaked at $74,784 per ton in September 2023; however, from October 2023 to November 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was the Netherlands ($75,959 per ton), while the average price for exports to the United States ($25,476 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Ireland (CIF) - 2023
In November 2023, the average import price for pharmaceutical goods; appliances identifiable for ostomy uses amounted to $40,924 per ton, picking up by 4.4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.9%. The pace of growth appeared the most rapid in June 2023 an increase of 31% m-o-m. As a result, import price attained the peak level of $44,367 per ton. From July 2023 to November 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the UK ($140K per ton), while the price for Germany ($17,184 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Ireland
After two years of decline, shipments abroad of pharmaceutical goods; appliances identifiable for ostomy uses increased by 16% to 2.3K tons in 2022. In general, exports, however, continue to indicate a slight downturn.
In value terms, exports of pharmaceutical goods; appliances identifiable for ostomy uses expanded markedly to $161M in 2022. The total export value increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 89.3 | 104 | 96.9 | 98.1 | 3.2% |
| Japan | 13.0 | 13.8 | 14.9 | 23.9 | 22.5% |
| United States | 5.9 | 7.6 | 5.9 | 13.6 | 32.1% |
| Spain | 15.5 | 6.9 | 11.9 | 10.4 | -12.5% |
| Italy | 8.2 | 1.6 | 4.8 | 6.5 | -7.5% |
| United Kingdom | N/A | 0.3 | 3.0 | 4.6 | 291.6% |
| Denmark | 2.5 | 2.1 | 2.7 | 2.2 | -4.2% |
| Hungary | 9.2 | 0.3 | N/A | N/A | -96.7% |
| Others | 7.1 | 14.3 | 1.6 | 2.0 | -34.4% |
| Total | 151 | 151 | 142 | 161 | 2.2% |
Top Export Markets for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use from Ireland in 2022:
- Netherlands (1524.9 tons)
- Spain (203.3 tons)
- Japan (153.8 tons)
- United States (119.6 tons)
- Italy (110.1 tons)
- United Kingdom (105.1 tons)
- Denmark (56.7 tons)
Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Ireland
In 2022, imports of pharmaceutical goods; appliances identifiable for ostomy uses into Ireland surged to 865 tons, with an increase of 19% on 2021 figures. Over the period under review, imports, however, showed a perceptible contraction.
In value terms, imports of pharmaceutical goods; appliances identifiable for ostomy uses rose notably to $26M in 2022. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 62% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.
| Import of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1.4 | 1.3 | 7.8 | 8.8 | 84.6% |
| Germany | 5.7 | 6.2 | 5.2 | 5.9 | 1.2% |
| Netherlands | 2.0 | 4.1 | 5.2 | 5.5 | 40.1% |
| Lithuania | 0.1 | 0.8 | 1.6 | 3.8 | 236.2% |
| Denmark | 2.8 | 1.1 | 1.4 | 1.1 | -26.8% |
| United States | 1.1 | 0.3 | 0.5 | 0.6 | -18.3% |
| Others | 0.1 | 0.4 | 1.2 | 0.6 | 81.7% |
| Total | 13.1 | 14.2 | 23.0 | 26.2 | 26.0% |
Top Suppliers of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use to Ireland in 2022:
- Germany (577.0 tons)
- Netherlands (75.0 tons)
- United Kingdom (72.5 tons)
- Lithuania (68.1 tons)
- United States (34.5 tons)
- Denmark (29.7 tons)
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