Croatia - Vaccines For Human Medicine - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Croatia - Vaccines For Human Medicine - Market Analysis, Forecast, Size, Trends and Insights

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Vaccine Price in Croatia - 2021

Contents:

  1. Vaccine Price in Croatia (CIF) - 2022
  2. Vaccine Price in Croatia (FOB) - 2021
  3. Vaccine Imports in Croatia
  4. Vaccine Exports in Croatia

Vaccine Price in Croatia (CIF) - 2022

In 2022, the average vaccine import price amounted to $1,311,214 per ton, waning by -27% against the previous year. Over the period under review, the import price, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2021 when the average import price increased by 193% against the previous year. As a result, import price reached the peak level of $1,795 per kg, and then declined markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($2,830,317 per ton), while the price for Hungary ($653,686 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+23.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Vaccine Price in Croatia (FOB) - 2021

In August 2021, the average vaccine export price amounted to $996K per ton, dropping by -7.3% against the previous month. Over the last two-month period, it increased at an average monthly rate of +10.7%. The most prominent rate of growth was recorded in July 2021 an increase of 32% month-to-month. As a result, the export price attained the peak level of $1.1M per ton, and then reduced in the following month.

As there is only one major export destination, the average price level is determined by prices for North Macedonia.

From June 2021 to August 2021, the rate of growth in terms of prices for Albania amounted to +64.6% per month.

Vaccine Imports in Croatia

In 2022, after three years of growth, there was significant decline in purchases abroad of vaccines for human medicine, when their volume decreased by -17.7% to 46 tons. Over the period under review, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 69%. As a result, imports reached the peak of 55 tons, and then fell markedly in the following year.

In value terms, vaccine imports declined dramatically to $60M in 2022. Overall, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 395%. As a result, imports reached the peak of $99M, and then reduced dramatically in the following year.

Import of Vaccine in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium3.12.820.334.0122.2%
France5.47.07.111.829.8%
Italy5.13.63.67.413.2%
Hungary0.93.23.15.178.3%
Netherlands0.22.00.31.491.3%
GermanyN/A0.263.9N/A31850.0%
SwitzerlandN/A1.21.2N/A0.0%
OthersN/AN/AN/A0.10%
Total14.820.199.559.859.3%

Top Suppliers of Vaccine to Croatia in 2022:

  1. France (17.1 tons)
  2. Belgium (12.0 tons)
  3. Hungary (7.9 tons)
  4. Italy (6.7 tons)
  5. Netherlands (1.9 tons)

Vaccine Exports in Croatia

In 2021, approx. 782 kg of vaccines for human medicine were exported from Croatia; picking up by 39% on the year before. Over the period under review, exports, however, faced a sharp slump.

In value terms, vaccine exports surged to $731K in 2021. The total export value increased at an average annual rate of +12.6% over the period from 2019 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Vaccine in Croatia (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Bosnia and HerzegovinaN/A624439-29.6%
VietnamN/AN/A1240%
AlbaniaN/AN/A63.10%
North MacedoniaN/AN/A62.30%
Montenegro567N/A21.4-80.6%
SerbiaN/AN/A21.40%
Others10.5N/AN/A0%
Total57762473112.6%

Top Export Markets for Vaccine from Croatia in 2022:

  1. Bosnia and Herzegovina (480.0 kg)
  2. Vietnam (125.0 kg)
  3. North Macedonia (68.0 kg)
  4. Albania (57.0 kg)
  5. Montenegro (26.0 kg)
  6. Serbia (26.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the vaccine market in Croatia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 21202140 -
  • Prodcom 21202145 - Vaccines for human medicine

Country coverage:

  • Croatia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Croatia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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