Italy: Veterinary Medicine Vaccines Market 2024

Veterinary Medicine Vaccines Market Size in Italy

The Italian veterinary medicine vaccines market amounted to $X in 2022, growing by X% against the previous year. Overall, the total consumption indicated pronounced growth 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 decreased by X% against 2020 indices. Veterinary medicine vaccines consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Veterinary Medicine Vaccines Production in Italy

In value terms, veterinary medicine vaccines production totaled $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. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Veterinary medicine vaccines production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Veterinary Medicine Vaccines Exports

Exports from Italy

In 2022, approx. X tons of vaccines for veterinary medicine were exported from Italy; which is down by X% on the previous year. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, veterinary medicine vaccines exports contracted to $X in 2022. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for veterinary medicine vaccines exports from Italy, accounting for a X% share of total exports. Moreover, veterinary medicine vaccines exports to France exceeded the volume sent to the second major destination, Iran (X tons), twofold. Pakistan (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to France totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iran (X% per year) and Pakistan (X% per year).

In value terms, France ($X) remains the key foreign market for vaccines for veterinary medicine exports from Italy, comprising X% of total exports. The second position in the ranking was taken by Iran ($X), with an X% share of total exports. It was followed by Pakistan, with a X% share.

From 2012 to 2022, the average annual growth rate of value to France totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iran (X% per year) and Pakistan (X% per year).

Export Prices by Country

In 2022, the average veterinary medicine vaccines export price amounted to $X per ton, reducing by X% against the previous year. Overall, the export price recorded a perceptible slump. The pace of growth appeared the most rapid in 2020 an increase of X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Veterinary Medicine Vaccines Imports

Imports into Italy

In 2022, the amount of vaccines for veterinary medicine imported into Italy fell to X tons, with a decrease of X% compared with the previous year. Overall, imports saw a abrupt decrease. The pace of growth appeared the most rapid in 2015 when imports increased by X%. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, veterinary medicine vaccines imports shrank to $X in 2022. The total import 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. The growth pace was the most rapid in 2013 with an increase of X%. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

The Netherlands (X tons), Spain (X tons) and Belgium (X tons) were the main suppliers of veterinary medicine vaccines imports to Italy, together accounting for X% of total imports. Germany, the United States, France and the Czech Republic lagged somewhat behind, together comprising a further X%.

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

In value terms, the Netherlands ($X) constituted the largest supplier of vaccines for veterinary medicine to Italy, comprising X% of total imports. The second position in the ranking was taken by Spain ($X), with an X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and France (X% per year).

Import Prices by Country

In 2022, the average veterinary medicine vaccines import price amounted to $X per ton, stabilizing at the previous year. Overall, the import price posted strong growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.

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 ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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