
Japan - Medicaments Containing Insulin But not Antibiotics - Market Analysis, Forecast, Size, Trends and Insights
Japan: Medicaments Containing Insulin Market 2023
Medicaments Containing Insulin Market Size in Japan
The Japanese medicaments containing insulin market skyrocketed to $X in 2021, increasing by 50% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw significant growth. Medicaments containing insulin consumption peaked in 2021 and is likely to continue growth in years to come.
Medicaments Containing Insulin Exports
Exports from Japan
In 2021, overseas shipments of medicaments containing insulin but not antibiotics decreased by -12.2% to X kg for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports recorded a perceptible contraction. The growth pace was the most rapid in 2014 with an increase of 1,022% against the previous year. As a result, the exports attained the peak of X kg. From 2015 to 2021, the growth of the exports failed to regain momentum.
In value terms, medicaments containing insulin exports dropped sharply to $X in 2021. Overall, exports, however, showed a remarkable increase. The pace of growth was the most pronounced in 2013 with an increase of 166% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Malaysia (X kg) was the main destination for medicaments containing insulin exports from Japan, accounting for a approx. 100% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of volume to Malaysia stood at +5.1%.
In value terms, Malaysia ($X) also remains the key foreign market for medicaments containing insulin but not antibiotics exports from Japan.
From 2012 to 2021, the average annual rate of growth in terms of value to Malaysia amounted to +16.1%.
Export Prices by Country
The average medicaments containing insulin export price stood at $X per kg in 2021, dropping by -32.9% against the previous year. In general, the export price, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 770% against the previous year. As a result, the export price attained the peak level of $X per kg. From 2019 to 2021, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Malaysia.
From 2012 to 2021, the rate of growth in terms of prices for Malaysia amounted to +10.5% per year.
Medicaments Containing Insulin Imports
Imports into Japan
In 2021, overseas purchases of medicaments containing insulin but not antibiotics increased by 36% to X tons, rising for the fifth year in a row after four years of decline. Overall, imports posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 365%. Imports peaked in 2021 and are expected to retain growth in the immediate term.
In value terms, medicaments containing insulin imports skyrocketed to $X in 2021. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 553%. Imports peaked in 2021 and are likely to continue growth in the immediate term.
Imports by Country
In 2021, the United States (X tons) was the main supplier of medicaments containing insulin to Japan, accounting for a approx. 100% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at +32.5%.
In value terms, the United States ($X) constituted the largest supplier of medicaments containing insulin but not antibiotics to Japan.
From 2012 to 2021, the average annual growth rate of value from the United States totaled +66.2%.
Import Prices by Country
The average medicaments containing insulin import price stood at $X per ton in 2021, picking up by 37% against the previous year. In general, the import price continues to indicate a significant expansion. The growth pace was the most rapid in 2016 an increase of 43%. Over the period under review, average import prices attained the peak figure in 2021 and is likely to see gradual growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +25.5% per year.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the medicaments containing insulin market in Japan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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