Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Slovakia - 2023

Contents:

1. Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Slovakia (CIF) - 2023
2. Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Slovakia (FOB) - 2023
3. Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Slovakia
4. Exports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Slovakia

Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Slovakia (CIF) - 2023

The average import price for pharmaceutical goods; appliances identifiable for ostomy uses stood at $42,577 per ton in October 2023, picking up by 16% against the previous month. Over the period under review, the import price, however, saw a mild shrinkage. The growth pace was the most rapid in June 2023 an increase of 23% against the previous month. The import price peaked at $56,038 per ton in November 2022; however, from December 2022 to October 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Hungary ($87,403 per ton), while the price for the Netherlands ($16,772 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Poland (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Slovakia (FOB) - 2023

The average export price for pharmaceutical goods; appliances identifiable for ostomy uses stood at $22,548 per ton in November 2023, waning by -28.9% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 10% m-o-m. Over the period under review, the average export prices attained the maximum at $32,500 per ton in July 2023; however, from August 2023 to November 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was the UK ($80,911 per ton), while the average price for exports to the Netherlands totaled $21,300 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+5.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Slovakia

In 2022, the amount of pharmaceutical goods; appliances identifiable for ostomy uses imported into Slovakia surged to 721 tons, increasing by 76% on 2021. In general, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of pharmaceutical goods; appliances identifiable for ostomy uses skyrocketed to $36M in 2022. Over the period under review, imports posted a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use to Slovakia in 2022:

1. Hungary (389.2 tons)
2. Poland (278.6 tons)
3. Ireland (29.2 tons)
4. Denmark (4.5 tons)
5. United Kingdom (4.4 tons)

Exports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Slovakia

In 2022, approx. 1K tons of pharmaceutical goods; appliances identifiable for ostomy uses were exported from Slovakia; increasing by 7.4% compared with the year before. The total export volume increased at an average annual rate of +6.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 19%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of pharmaceutical goods; appliances identifiable for ostomy uses dropped rapidly to $27M in 2022. Overall, exports, however, continue to indicate a mild slump. The pace of growth appeared the most rapid in 2021 when exports increased by 29% against the previous year. As a result, the exports reached the peak of $32M, and then reduced notably in the following year.

Top Export Markets for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use from Slovakia in 2022:

1. Netherlands (708.1 tons)
2. Poland (273.7 tons)
3. United States (46.9 tons)

Source: IndexBox Market Intelligence Platform