Denmark: Medicaments Containing Hormones Market 2024

Medicaments Containing Hormones Market Size in Denmark

In 2023, the Danish medicaments containing hormones market increased by X% to $X, rising for the third year in a row after three years of decline. Over the period under review, consumption posted a significant increase. Medicaments containing hormones consumption peaked in 2023 and is expected to retain growth in years to come.

Medicaments Containing Hormones Production in Denmark

In value terms, medicaments containing hormones production skyrocketed to $X in 2023 estimated in export price. Overall, production continues to indicate strong growth. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Medicaments Containing Hormones Exports

Exports from Denmark

For the fifth year in a row, Denmark recorded growth in overseas shipments of medicaments containing hormones but not antibiotics, which increased by X% to X tons in 2023. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2023 and are likely to see gradual growth in the near future.

In value terms, medicaments containing hormones exports soared to $X in 2023. Over the period under review, exports posted resilient growth. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked in 2023 and are expected to retain growth in the near future.

Exports by Country

Poland (X tons) was the main destination for medicaments containing hormones exports from Denmark, accounting for a X% share of total exports. Moreover, medicaments containing hormones exports to Poland exceeded the volume sent to the second major destination, Norway (X tons), threefold. The third position in this ranking was taken by Sweden (X tons), with a X% share.

From 2013 to 2023, the average annual rate of growth in terms of volume to Poland stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (X% per year) and Sweden (X% per year).

In value terms, Poland ($X), Sweden ($X) and Norway ($X) appeared to be the largest markets for medicaments containing hormones exported from Denmark worldwide, with a combined X% share of total exports. Germany, Canada, Finland, Greenland and Iceland lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Iceland, with a CAGR of X%, saw 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

In 2023, the average medicaments containing hormones export price amounted to $X per ton, waning by X% against the previous year. Overall, the export price continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2016 when the average export price increased by X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Iceland ($X per ton) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Greenland (X%), while the prices for the other major destinations experienced a decline.

Medicaments Containing Hormones Imports

Imports into Denmark

In 2023, medicaments containing hormones imports into Denmark expanded slightly to X tons, with an increase of X% compared with the previous year's figure. Over the period under review, imports saw a buoyant increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, imports reached the peak of X tons. From 2018 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, medicaments containing hormones imports expanded rapidly to $X in 2023. In general, imports posted a buoyant expansion. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2023 and are expected to retain growth in the immediate term.

Imports by Country

In 2023, Poland (X tons) constituted the largest supplier of medicaments containing hormones to Denmark, accounting for a X% share of total imports. Moreover, medicaments containing hormones imports from Poland exceeded the figures recorded by the second-largest supplier, Sweden (X tons), threefold. France (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Poland amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and France (X% per year).

In value terms, Poland ($X) constituted the largest supplier of medicaments containing hormones but not antibiotics to Denmark, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with an X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2023, the average annual growth rate of value from Poland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the Netherlands (X% per year).

Import Prices by Country

The average medicaments containing hormones import price stood at $X per ton in 2023, growing by X% against the previous year. Overall, the import price, however, saw a pronounced setback. The pace of growth appeared the most rapid in 2018 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform