Eastern Europe: Medicaments Containing Insulin Market 2024

Medicaments Containing Insulin Market Size in Eastern Europe

In 2023, after two years of decline, there was significant growth in the East European medicaments containing insulin market, when its value increased by X% to $X. In general, consumption, however, recorded a abrupt shrinkage. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2023, consumption stood at a somewhat lower figure.

Medicaments Containing Insulin Production in Eastern Europe

In value terms, medicaments containing insulin production dropped to $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2023, production failed to regain momentum.

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Medicaments Containing Insulin Exports

Exports in Eastern Europe

In 2023, medicaments containing insulin exports in Eastern Europe dropped sharply to X tons, with a decrease of X% compared with the previous year. Overall, exports recorded a noticeable decrease. The pace of growth was the most pronounced in 2013 when exports increased by X%. The volume of export peaked at X tons in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

In value terms, medicaments containing insulin exports dropped remarkably to $X in 2023. Over the period under review, exports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

The Czech Republic (X kg), Poland (X kg) and Romania (X kg) represented roughly X% of total exports in 2023. The following exporters - Slovakia (X kg) and Russia (X kg) - each amounted to a X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for Romania (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the Czech Republic ($X), Romania ($X) and Slovakia ($X) were the countries with the highest levels of exports in 2023, with a combined X% share of total exports.

Romania, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2023, the export price in Eastern Europe amounted to $X per ton, reducing by X% against the previous year. In general, the export price saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The level of export peaked at $X per ton in 2022, and then declined significantly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Slovakia ($X,833 per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the other leaders experienced a decline in the export price figures.

Medicaments Containing Insulin Imports

Imports in Eastern Europe

In 2023, the amount of medicaments containing insulin but not antibiotics imported in Eastern Europe fell dramatically to X kg, declining by X% on 2022. In general, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2023, imports failed to regain momentum.

In value terms, medicaments containing insulin imports rose notably to $X in 2023. Over the period under review, imports faced a sharp contraction. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports attained the peak of $X. From 2014 to 2023, the growth of imports failed to regain momentum.

Imports by Country

In 2023, Poland (X kg) was the key importer of medicaments containing insulin but not antibiotics, making up X% of total imports. It was distantly followed by Slovakia (X kg) and the Czech Republic (X kg), together creating a X% share of total imports. Latvia (X kg) followed a long way behind the leaders.

Poland was also the fastest-growing in terms of the medicaments containing insulin but not antibiotics imports, with a CAGR of X% from 2012 to 2023. At the same time, Slovakia (X%), the Czech Republic (X%) and Latvia (X%) displayed positive paces of growth. From 2012 to 2023, the share of Poland, Slovakia, the Czech Republic and Latvia increased by X, X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Slovakia ($X) constitutes the largest market for imported medicaments containing insulin but not antibiotics in Eastern Europe, comprising X% of total imports. The second position in the ranking was taken by Latvia ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Slovakia stood at X%. In the other countries, the average annual rates were as follows: Latvia (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

In 2023, the import price in Eastern Europe amounted to $X per kg, surging by X% against the previous year. Overall, the import price, however, faced a deep contraction. The pace of growth appeared the most rapid in 2019 an increase of X%. As a result, import price reached the peak level of $X per kg. From 2020 to 2023, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Latvia ($X per kg), while Poland ($X per kg) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Latvia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform