Croatia: Antibiotics Market Overview 2021

Antibiotics Market Size in Croatia

In 2020, the Croatian antibiotics market decreased by -X% to $X, falling for the third consecutive year after four years of growth. Overall, consumption, however, posted a strong expansion. The most prominent rate of growth was recorded in 2009 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2020, consumption stood at a somewhat lower figure.

Antibiotics Production in Croatia

In value terms, antibiotics production contracted modestly to $X in 2020 estimated in export prices. In general, production saw a pronounced contraction. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Antibiotics production peaked at $X in 2016; however, from 2017 to 2020, production remained at a lower figure.

Antibiotics Exports

Exports from Croatia

In 2020, after two years of growth, there was significant decline in overseas shipments of antibiotics, when their volume decreased by -X% to X tonnes. In general, exports, however, posted perceptible growth. The pace of growth was the most pronounced in 2015 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at X tonnes in 2019, and then declined sharply in the following year.

In value terms, antibiotics exports dropped markedly to $X in 2020. Overall, total exports indicated modest growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Exports peaked at $X in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Belgium (X tonnes), Ireland (X tonnes) and Romania (X tonnes) were the main destinations of antibiotics exports from Croatia, with a combined X% share of total exports. The U.S., India, Turkey and France lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for antibiotics exported from Croatia were Belgium ($X), Ireland ($X) and Romania ($X), with a combined X% share of total exports.

Among the main countries of destination, Belgium (+X% per year) recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average antibiotics export price stood at $X per tonne in 2020, surging by X% against the previous year. Overall, the export price, however, recorded a mild setback. The pace of growth appeared the most rapid in 2011 an increase of X% year-to-year. The export price peaked at $X per tonne in 2008; however, from 2009 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was India ($X per tonne), while the average price for exports to the U.S. ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Romania, while the prices for the other major destinations experienced more modest paces of growth.

Antibiotics Imports

Imports into Croatia

In 2020, purchases abroad of antibiotics decreased by -X% to X tonnes, falling for the third year in a row after four years of growth. Over the period under review, imports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2012 when imports increased by X% year-to-year. As a result, imports attained the peak of X tonnes. From 2013 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, antibiotics imports fell to $X in 2020. Overall, imports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2011 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, the U.S. (X tonnes) constituted the largest antibiotics supplier to Croatia, with a X% share of total imports. Moreover, antibiotics imports from the U.S. exceeded the figures recorded by the second-largest supplier, China (X tonnes), sevenfold. Hungary (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from the U.S. stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Hungary (+X% per year).

In value terms, the U.S. ($X) constituted the largest supplier of antibiotics to Croatia, comprising X% of total imports. The second position in the ranking was occupied by Hungary ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from the U.S. totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+X% per year) and China (+X% per year).

Import Prices by Country

The average antibiotics import price stood at $X per tonne in 2020, growing by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2014 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Hungary ($X per tonne), while the price for the U.S. ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Slovenia, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for antibiotics in the world?

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The countries with the highest volumes of antibiotics consumption in 2020 were China (34K tonnes), the U.S. (26K tonnes) and Italy (24K tonnes), with a combined 39% share of global consumption. These countries were followed by India, Germany, Japan, Spain, Mexico, Brazil, Viet Nam, Thailand, Belgium and Egypt, which together accounted for a further 32%.

What are the largest producers of antibiotics in the world?

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China (118K tonnes) constituted the country with the largest volume of antibiotics production, comprising approx. 62% of total volume. Moreover, antibiotics production in China exceeded the figures recorded by the second-largest producer, the U.S. (25K tonnes), fivefold. The third position in this ranking was occupied by Switzerland (7.4K tonnes), with a 3.9% share.

What are the leading suppliers of antibiotics to Croatia?

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In value terms, the U.S. ($19M) constituted the largest supplier of antibiotics to Croatia, comprising 55% of total imports. The second position in the ranking was occupied by Hungary ($8.9M), with a 25% share of total imports. It was followed by China, with a 8.4% share.

What are the leading importers of antibiotics from Croatia?

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In value terms, Belgium ($13M), Ireland ($11M) and Romania ($4.9M) were the largest markets for antibiotics exported from Croatia worldwide, with a combined 71% share of total exports.

What is the average export price for antibiotics in Croatia?

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In 2020, the average antibiotics export price amounted to $248,413 per tonne, with an increase of 8.3% against the previous year.

What is the average import price for antibiotics in Croatia?

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The average antibiotics import price stood at $108,557 per tonne in 2020, growing by 22% against the previous year.