EU: Veterinary Medicine Vaccines Market 2022

Veterinary Medicine Vaccines Market Size in the EU

In 2021, after two years of decline, there was growth in the EU veterinary medicine vaccines market, when its value increased by X% to $X. Over the period under review, consumption saw a relatively flat trend pattern. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Veterinary Medicine Vaccines Production in the EU

In value terms, veterinary medicine vaccines production fell to $X in 2021 estimated in export price. Overall, production showed a slight shrinkage. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Veterinary Medicine Vaccines Exports

Exports in the EU

After three years of growth, overseas shipments of vaccines for veterinary medicine decreased by -X% to X tons in 2021. The total export volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, veterinary medicine vaccines exports surged to $X in 2021. Over the period under review, exports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the near future.

Exports by Country

The biggest shipments were from Spain (X tons), France (X tons), the Netherlands (X tons), Hungary (X tons), Belgium (X tons), Italy (X tons) and the Czech Republic (X tons), together recording X% of total export.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the Netherlands (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest veterinary medicine vaccines supplying countries in the European Union were the Netherlands ($X), France ($X) and Spain ($X), together accounting for X% of total exports.

In terms of the main exporting countries, the Netherlands, with a CAGR of +X%, recorded the highest rates of growth with regard to 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 2021, the export price in the European Union amounted to $X per ton, rising by X% against the previous year. Export price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, veterinary medicine vaccines export price increased by +X% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the export price increased by X% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+X%), while the other leaders experienced more modest paces of growth.

Veterinary Medicine Vaccines Imports

Imports in the EU

Veterinary medicine vaccines imports shrank modestly to X tons in 2021, dropping by -X% compared with the previous year's figure. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, veterinary medicine vaccines imports rose remarkably to $X in 2021. Total imports indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2015 indices. The growth pace was the most rapid in 2018 with an increase of X%. The level of import peaked in 2021 and is likely to see steady growth in years to come.

Imports by Country

The purchases of the three major importers of vaccines for veterinary medicine, namely Spain, the Netherlands and France, represented more than half of total import. Austria (X tons) ranks next in terms of the total imports with a X% share, followed by Germany (X%) and Poland (X%). Belgium (X tons), Denmark (X tons), Hungary (X tons), Italy (X tons), Portugal (X tons), Romania (X tons) and Ireland (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest veterinary medicine vaccines importing markets in the European Union were Spain ($X), the Netherlands ($X) and France ($X), with a combined X% share of total imports.

In terms of the main importing countries, the Netherlands, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per ton, growing by X% against the previous year. Import price indicated pronounced growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, veterinary medicine vaccines import price increased by +X% against 2016 indices. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. The level of import peaked in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Italy ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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