Belarus: Market for Medicaments Of Alkaloids Or Derivatives Thereof 2024

Market Size for Medicaments Of Alkaloids Or Derivatives Thereof in Belarus

The Belarusian market for medicaments of alkaloids or derivatives thereof dropped to $X in 2022, shrinking by X% against the previous year. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Production of Medicaments Of Alkaloids Or Derivatives Thereof in Belarus

In value terms, production of medicaments of alkaloids or derivatives thereof declined to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production of reached the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Exports of Medicaments Of Alkaloids Or Derivatives Thereof

Exports from Belarus

In 2022, shipments abroad of medicaments of alkaloids or derivatives thereof was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a significant contraction. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, exports of medicaments of alkaloids or derivatives thereof soared to $X in 2022. In general, exports, however, showed a sharp contraction. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X tons) was the main destination for exports of medicaments of alkaloids or derivatives thereof from Belarus, accounting for a X% share of total exports. Moreover, exports of medicaments of alkaloids or derivatives thereof to Russia exceeded the volume sent to the second major destination, Azerbaijan (X kg), fivefold. The third position in this ranking was held by Kazakhstan (X kg), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (X% per year) and Kazakhstan (X% per year).

In value terms, Russia ($X) remains the key foreign market for medicaments of alkaloids or derivatives thereof exports from Belarus, comprising X% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total exports. It was followed by Azerbaijan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Azerbaijan (X% per year).

Export Prices by Country

The average export price for medicaments of alkaloids or derivatives thereof stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the export price saw a abrupt descent. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Moldova ($X 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 Kazakhstan (X%), while the prices for the other major destinations experienced a decline.

Imports of Medicaments Of Alkaloids Or Derivatives Thereof

Imports into Belarus

For the third year in a row, Belarus recorded decline in purchases abroad of medicaments of alkaloids or derivatives thereof, which decreased by X% to X tons in 2022. In general, imports continue to indicate a dramatic contraction. The growth pace was the most rapid in 2013 when imports increased by X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of medicaments of alkaloids or derivatives thereof reached $X in 2022. Over the period under review, imports saw a dramatic downturn. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

Poland (X tons), Germany (X tons) and India (X tons) were the main suppliers of imports of medicaments of alkaloids or derivatives thereof to Belarus, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, Italy ($X), Hungary ($X) and Poland ($X) appeared to be the largest medicaments of alkaloids or derivatives thereof suppliers to Belarus, together comprising X% of total imports.

Among the main suppliers, Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for medicaments of alkaloids or derivatives thereof stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the import price, however, saw a mild slump. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Moldova ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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