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

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

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Vaccine Price in Denmark - 2021

Contents:

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

Vaccine Price in Denmark (CIF) - 2022

The average vaccine import price stood at $581,832 per ton in 2022, picking up by 9% against the previous year. Overall, the import price, however, showed a perceptible downturn. The pace of growth was the most pronounced in 2014 when the average import price increased by 426%. The import price peaked at $1,153,994 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($1,031,086 per ton), while the price for India ($55,239 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Vaccine Price in Denmark (FOB) - 2022

The average vaccine export price stood at $1,012,851 per ton in 2022, approximately reflecting the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The growth pace was the most rapid in 2013 when the average export price increased by 29% against the previous year. Over the period under review, the average export prices hit record highs at $1,030,753 per ton in 2014; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($5,146,563 per ton), while the average price for exports to Iceland ($72,316 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+37.5%), while the prices for the other major destinations experienced more modest paces of growth.

Vaccine Imports in Denmark

In 2022, supplies from abroad of vaccines for human medicine decreased by -45.3% to 248 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw significant growth. The growth pace was the most rapid in 2021 when imports increased by 505%. As a result, imports reached the peak of 453 tons, and then fell significantly in the following year.

In value terms, vaccine imports declined dramatically to $144M in 2022. Overall, imports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 420% against the previous year. As a result, imports attained the peak of $242M, and then declined dramatically in the following year.

Import of Vaccine in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium9.911.0167107121.1%
Spain11.318.321.713.97.1%
France4.69.49.86.311.1%
ItalyN/A0.17.95.1614.1%
United States0.1N/A4.52.9207.2%
Poland2.51.84.12.61.3%
Sweden2.01.31.71.3-13.4%
Germany0.80.90.50.6-9.1%
IndiaN/AN/A0.70.5-28.6%
ChinaN/AN/A1.3N/A0%
Netherlands1.0N/A16.6N/A307.4%
Others4.73.66.14.1-4.5%
Total37.046.524214457.3%

Top Suppliers of Vaccine to Denmark in 2022:

  1. Belgium (103.7 tons)
  2. France (51.6 tons)
  3. Spain (21.4 tons)
  4. United States (17.8 tons)
  5. Italy (17.5 tons)
  6. Poland (11.3 tons)
  7. India (8.5 tons)
  8. Sweden (5.6 tons)
  9. Germany (4.6 tons)

Vaccine Exports in Denmark

In 2022, overseas shipments of vaccines for human medicine decreased by -3.7% to 45 tons, falling for the second year in a row after two years of growth. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +12.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -5.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 51%. As a result, the exports reached the peak of 47 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, vaccine exports reduced modestly to $45M in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.4% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 57%.

Export of Vaccine in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand1.0N/A8.610.1116.2%
Poland4.21.22.83.2-8.7%
Sweden2.62.61.92.60.0%
Czech Republic1.21.01.82.120.5%
Spain2.22.51.12.1-1.5%
South SudanN/A0.71.51.860.4%
Greenland0.50.71.51.750.4%
Norway0.34.10.11.674.7%
Faroe Islands0.30.91.21.467.1%
Iceland1.80.10.81.0-17.8%
South Africa0.81.00.50.80.0%
Tunisia0.40.40.40.57.7%
Democratic Republic of the CongoN/A1.0N/A0.4-36.8%
Others12.527.625.016.08.6%
Total27.843.847.245.517.8%

Top Export Markets for Vaccine from Denmark in 2022:

  1. Iceland (13.3 tons)
  2. Norway (6.7 tons)
  3. Poland (3.8 tons)
  4. Greenland (2.2 tons)
  5. Democratic Republic of the Congo (2.1 tons)
  6. Faroe Islands (2.0 tons)
  7. New Zealand (2.0 tons)
  8. South Sudan (1.4 tons)
  9. Czech Republic (1.0 tons)
  10. Sweden (0.9 tons)
  11. South Africa (0.8 tons)
  12. Tunisia (0.8 tons)
  13. Spain (0.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the vaccine market in Denmark. 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:

  • Denmark

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Denmark
  • 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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Free Data: Vaccines For Human Medicine - Denmark