Europe: Market for Other Medicaments For Therapeutic Or Prophylactic Uses 2024

Market Size for Other Medicaments For Therapeutic Or Prophylactic Uses in Europe

The Europe market for other medicaments for therapeutic or prophylactic uses soared to $X in 2022, jumping by X% against the previous year. The total consumption indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Production of Other Medicaments For Therapeutic Or Prophylactic Uses in Europe

In value terms, production of other medicaments for therapeutic or prophylactic uses surged to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Other Medicaments For Therapeutic Or Prophylactic Uses

Exports in Europe

In 2022, approx. X tons of other medicaments for therapeutic or prophylactic uses were exported in Europe; growing by X% on the previous year's figure. In general, exports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, exports of other medicaments for therapeutic or prophylactic uses surged to $X in 2022. Overall, exports posted a moderate expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

The shipments of the twelve major exporters of other medicaments for therapeutic or prophylactic uses, namely Spain, France, Belgium, Italy, the Netherlands, Germany, Switzerland, Ireland, Sweden, Portugal, the UK and the Czech Republic, represented more than two-thirds of total export.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X), Portugal ($X) and Spain ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Among the main exporting countries, Portugal, with a CAGR of X%, 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 export price in Europe stood at $X per ton in 2022, surging by X% against the previous year. In general, the export price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (X%), while the other leaders experienced more modest paces of growth.

Imports of Other Medicaments For Therapeutic Or Prophylactic Uses

Imports in Europe

Imports of other medicaments for therapeutic or prophylactic uses skyrocketed to X tons in 2022, rising by X% against the previous year. Total imports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of other medicaments for therapeutic or prophylactic uses surged to $X in 2022. In general, imports posted noticeable growth. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) represented the key importer of other medicaments for therapeutic or prophylactic uses, achieving X% of total imports. France (X tons) ranks second in terms of the total imports with a X% share, followed by the UK (X%), Spain (X%), the Netherlands (X%) and Italy (X%). The following importers - Belgium (X tons), Poland (X tons), Ireland (X tons), Hungary (X tons), Romania (X tons) and Austria (X tons) - together made up X% of total imports.

Germany was also the fastest-growing in terms of the other medicaments for therapeutic or prophylactic uses imports, with a CAGR of X% from 2012 to 2022. At the same time, Hungary (X%), Belgium (X%), France (X%), Italy (X%), Romania (X%) and Austria (X%) displayed positive paces of growth. Ireland, Spain and the UK experienced a relatively flat trend pattern. By contrast, the Netherlands (X%) and Poland (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Germany, France and Belgium increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the UK ($X), Spain ($X) and Ireland ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Germany, Italy, the Netherlands, Belgium, Austria, France, Hungary, Poland and Romania lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

The import price in Europe stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the import price recorded a perceptible setback. The pace of growth appeared the most rapid in 2017 an increase of X%. Over the period under review, import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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