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

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

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Vaccine Price in Estonia - 2022

Contents:

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

Vaccine Price in Estonia (CIF) - 2022

In December 2021, the average vaccine import price amounted to $8.1M per ton, jumping by 103% against the previous month. In general, the import price showed a buoyant expansion. The most prominent rate of growth was recorded in February 2021 an increase of 337% against the previous month. The import price peaked at $10.9M per ton in August 2021; afterwards, it flattened through to December 2021.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($1.3M per ton), while the price for Lithuania totaled $510K per ton.

From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Hungary (+7.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Vaccine Price in Estonia (FOB) - 2022

The average vaccine export price stood at $2,520,305 per ton in 2022, dropping by -21.6% against the previous year. In general, the export price, however, posted a temperate expansion. The growth pace was the most rapid in 2021 an increase of 739%. As a result, the export price attained the peak level of $3,214 per kg, and then contracted rapidly in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for the Czech Republic amounted to +9.5% per year.

Vaccine Imports in Estonia

In 2022, the amount of vaccines for human medicine imported into Estonia dropped to 7 tons, shrinking by -12.5% compared with 2021. Over the period under review, imports saw a mild curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 33% against the previous year. As a result, imports reached the peak of 7.9 tons, and then dropped in the following year.

In value terms, vaccine imports contracted notably to $20M in 2022. In general, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 443% against the previous year. As a result, imports reached the peak of $34M, and then dropped dramatically in the following year.

Import of Vaccine in Estonia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France0.71.12.76.8113.4%
LithuaniaN/A1.22.15.3110.2%
Poland1.83.30.54.636.7%
Belgium0.60.10.51.122.4%
Netherlands0.60.30.41.018.6%
Germany1.1N/AN/A0.9-6.5%
Others1.50.327.80.4-35.6%
Total6.36.333.920.147.2%

Top Suppliers of Vaccine to Estonia in 2022:

  1. France (4.5 tons)
  2. Lithuania (3.8 tons)
  3. Poland (2.1 tons)
  4. Netherlands (0.7 tons)
  5. Belgium (0.5 tons)
  6. Germany (0.3 tons)

Vaccine Exports in Estonia

In 2022, approx. 308 kg of vaccines for human medicine were exported from Estonia; falling by -33.8% against the previous year's figure. Overall, exports, however, showed buoyant growth. The growth pace was the most rapid in 2021 when exports increased by 206%. As a result, the exports attained the peak of 465 kg, and then fell dramatically in the following year.

In value terms, vaccine exports shrank markedly to $776K in 2022. Over the period under review, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 2,467% against the previous year. As a result, the exports reached the peak of $1.5M, and then shrank notably in the following year.

Export of Vaccine in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia68.656.565.1776124.5%
UkraineN/AN/A1,307N/A0%
OthersN/A1.7122N/A7076.5%
Total68.658.21,494776124.5%

Top Export Markets for Vaccine from Estonia in 2022:

  1. Latvia (1.9 tons)

Source: IndexBox Market Intelligence Platform

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

  • Estonia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Estonia
  • 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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