Denmark: Medicaments Containing Penicillin Market 2024

Medicaments Containing Penicillin Market Size in Denmark

The Danish medicaments containing penicillin market shrank markedly to $X in 2022, which is down by X% against the previous year. In general, consumption saw a abrupt slump. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Medicaments Containing Penicillin Production in Denmark

In value terms, medicaments containing penicillin production shrank to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

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Medicaments Containing Penicillin Exports

Exports from Denmark

In 2022, exports of medicaments containing penicillins or derivatives thereof from Denmark shrank markedly to X kg, waning by X% against 2021 figures. Over the period under review, exports faced a precipitous decrease. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, medicaments containing penicillin exports contracted significantly to $X in 2022. Overall, exports faced a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then dropped markedly in the following year.

Exports by Country

The UK (X kg) was the main destination for medicaments containing penicillin exports from Denmark, with a X% share of total exports. Moreover, medicaments containing penicillin exports to the UK exceeded the volume sent to the second major destination, South Korea (X kg), fourfold.

From 2012 to 2022, the average annual growth rate of volume to the UK was relatively modest.

In value terms, the largest markets for medicaments containing penicillin exported from Denmark were the UK ($X) and South Korea ($X).

The UK, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average medicaments containing penicillin export price amounted to $X per kg, with a decrease of X% against the previous year. Over the period under review, the export price, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, the export price attained the peak level of $X per kg, and then fell markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per kg), while the average price for exports to the UK totaled $X per kg.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (X%).

Medicaments Containing Penicillin Imports

Imports into Denmark

In 2022, purchases abroad of medicaments containing penicillins or derivatives thereof was finally on the rise to reach X kg after two years of decline. In general, imports, however, saw a dramatic contraction. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, medicaments containing penicillin imports soared to $X in 2022. Overall, imports, however, showed a sharp decrease. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Belgium (X kg) constituted the largest supplier of medicaments containing penicillin to Denmark, with a X% share of total imports. Moreover, medicaments containing penicillin imports from Belgium exceeded the figures recorded by the second-largest supplier, Sweden (X kg), more than tenfold.

From 2013 to 2022, the average annual growth rate of volume from Belgium stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and the Netherlands (X% per year).

In value terms, Belgium ($X) constituted the largest supplier of medicaments containing penicillins or derivatives thereof to Denmark, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with an X% share of total imports.

From 2013 to 2022, the average annual rate of growth in terms of value from Belgium totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Sweden (X% per year).

Import Prices by Country

The average medicaments containing penicillin import price stood at $X per ton in 2022, dropping by X% against the previous year. In general, the import price, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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