
Belgium - Medicaments Containing Insulin But not Antibiotics - Market Analysis, Forecast, Size, Trends and Insights
Belgium: Medicaments Containing Insulin Market 2023
Medicaments Containing Insulin Market Size in Belgium
After two years of growth, the Belgian medicaments containing insulin market decreased by -95.3% to $X in 2021. Over the period under review, consumption recorded a sharp slump. Medicaments containing insulin consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.
Medicaments Containing Insulin Production in Belgium
In value terms, medicaments containing insulin production amounted to $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 30%. As a result, production attained the peak level of $X. From 2017 to 2021, production growth failed to regain momentum.
Medicaments Containing Insulin Exports
Exports from Belgium
For the third consecutive year, Belgium recorded decline in overseas shipments of medicaments containing insulin but not antibiotics, which decreased by 0% to X tons in 2021. Overall, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2015 when exports increased by 134%. The exports peaked in 2021 and are expected to retain growth in the near future.
In value terms, medicaments containing insulin exports amounted to $X in 2021. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 286% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the immediate term.
Exports by Country
The United States (X tons) was the main destination for medicaments containing insulin exports from Belgium, with a approx. 99.9% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled +1,238.2%.
From 2012 to 2021, the average annual growth rate of value to the United States amounted to +1,224.1%.
Export Prices by Country
The average medicaments containing insulin export price stood at $X per ton in 2021, flattening at the previous year. Overall, the export price showed resilient growth. The most prominent rate of growth was recorded in 2019 an increase of 98% against the previous year. The export price peaked in 2021 and is likely to continue growth in the near future.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2021, the rate of growth in terms of prices for Zambia amounted to +60.6% per year.
Medicaments Containing Insulin Imports
Imports into Belgium
In 2021, overseas purchases of medicaments containing insulin but not antibiotics increased by 48% to X kg, rising for the fourth year in a row after three years of decline. Over the period under review, imports posted a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of 33,867%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.
In value terms, medicaments containing insulin imports surged to $X in 2021. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2013 when imports increased by 37,415%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.
Imports by Country
In 2021, the Netherlands (X kg) was the main medicaments containing insulin supplier to Belgium, accounting for a approx. 100% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands amounted to +49.9%.
In value terms, the Netherlands ($X) constituted the largest supplier of medicaments containing insulin but not antibiotics to Belgium.
From 2012 to 2021, the average annual growth rate of value from the Netherlands amounted to +97.6%.
Import Prices by Country
The average medicaments containing insulin import price stood at $X per ton in 2021, jumping by 27% against the previous year. Overall, the import price, however, saw a pronounced reduction. The growth pace was the most rapid in 2015 an increase of 106%. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the Netherlands.
From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +31.0% per year.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the medicaments containing insulin market in Belgium. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
Recommended reports
This report provides an in-depth analysis of the medicaments containing insulin market in Asia.
This report provides an in-depth analysis of the global medicaments containing insulin market.
This report provides an in-depth analysis of the medicaments containing insulin market in the EU.
This report provides an in-depth analysis of the medicaments containing insulin market in the U.S..
This report provides an in-depth analysis of the medicaments containing insulin market in China.
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, February 22nd, 2022 @ 04:00 pm ET
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, February 8th, 2022 @ 04:00 pm ET
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, January 25th, 2022 @ 04:00 pm ET