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

Contents:

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

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

The average import price for pharmaceutical goods; appliances identifiable for ostomy uses stood at $53,503 per ton in November 2023, reducing by -2.9% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.8%. The growth pace was the most rapid in December 2022 an increase of 13% m-o-m. The import price peaked at $63,221 per ton in July 2023; however, from August 2023 to November 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($388K per ton), while the price for the Czech Republic ($33,540 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 the United States (+24.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In November 2023, the average export price for pharmaceutical goods; appliances identifiable for ostomy uses amounted to $64,898 per ton, with an increase of 11% against the previous month. Over the period under review, the export price, however, continues to indicate a mild descent. The growth pace was the most rapid in December 2022 an increase of 20% against the previous month. As a result, the export price reached the peak level of $89,667 per ton. From January 2023 to November 2023, the the average export prices remained at a somewhat 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 Norway ($66,206 per ton), while the average price for exports to China stood at $2,441 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Norway (-1.0%).

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

In 2022, after three years of growth, there was decline in overseas purchases of pharmaceutical goods; appliances identifiable for ostomy uses, when their volume decreased by -0.7% to 595 tons. The total import volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 8.4% against the previous year. As a result, imports reached the peak of 600 tons, leveling off in the following year.

In value terms, imports of pharmaceutical goods; appliances identifiable for ostomy uses declined to $30M in 2022. The total import value increased at an average annual rate of +7.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 28%. As a result, imports attained the peak of $34M, and then declined in the following year.

Import of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands12.013.213.811.7-0.8%
Germany9.110.810.29.61.8%
United Kingdom1.71.39.58.571.0%
Others1.41.00.30.3-40.2%
Total24.226.333.730.27.7%

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

  1. Germany (342.5 tons)
  2. Netherlands (158.9 tons)
  3. United Kingdom (87.9 tons)

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

For the third year in a row, Sweden recorded decline in overseas shipments of pharmaceutical goods; appliances identifiable for ostomy uses, which decreased by -14.3% to 153 tons in 2022. Over the period under review, exports faced a abrupt decrease. The smallest decline of -1% was in 2020.

In value terms, exports of pharmaceutical goods; appliances identifiable for ostomy uses shrank markedly to $13M in 2022. In general, exports showed a deep setback. The pace of growth was the most pronounced in 2020 with an increase of 4.9%. As a result, the exports attained the peak of $21M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway13.314.616.613.0-0.8%
Germany0.8N/AN/AN/A0%
Finland5.66.0N/AN/A7.1%
Others0.10.10.2N/A41.4%
Total19.820.716.713.0-13.1%

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

  1. Norway (152.2 tons)
  2. Germany (0.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Pharmaceutical goods; appliances identifiable for ostomy use - Sweden