
Portugal - Medicaments Containing Insulin But not Antibiotics - Market Analysis, Forecast, Size, Trends and Insights
Portugal: Medicaments Containing Insulin Market 2023
Medicaments Containing Insulin Market Size in Portugal
The Portuguese medicaments containing insulin market rose remarkably to $X in 2021, with an increase of 8.6% 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). Overall, consumption posted buoyant growth. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.
Medicaments Containing Insulin Exports
Exports from Portugal
In 2021, the amount of medicaments containing insulin but not antibiotics exported from Portugal was estimated at X kg, approximately mirroring the previous year. Overall, exports recorded a precipitous shrinkage. The pace of growth was the most pronounced in 2016 with an increase of 349%. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.
In value terms, medicaments containing insulin exports stood at $X in 2021. Over the period under review, exports saw a significant curtailment. The growth pace was the most rapid in 2016 when exports increased by 756% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.
Exports by Country
Angola (X kg) was the main destination for medicaments containing insulin exports from Portugal, with a 95% share of total exports. Moreover, medicaments containing insulin exports to Angola exceeded the volume sent to the second major destination, Mozambique (X kg), more than tenfold.
From 2012 to 2021, the average annual rate of growth in terms of volume to Angola totaled +18.9%.
From 2012 to 2021, the average annual growth rate of value to Angola stood at +30.0%.
Export Prices by Country
The average medicaments containing insulin export price stood at $X per ton in 2021, remaining stable against the previous year. In general, the export price continues to indicate a mild slump. The pace of growth was the most pronounced in 2016 an increase of 92% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Angola ($X per ton), while the average price for exports to Mozambique stood at $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+9.0%), while the prices for the other major destinations experienced a decline.
Medicaments Containing Insulin Imports
Imports into Portugal
In 2021, approx. X tons of medicaments containing insulin but not antibiotics were imported into Portugal; growing by 13% compared with 2020 figures. Over the period under review, imports enjoyed a strong increase. The pace of growth appeared the most rapid in 2017 with an increase of 442%. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.
In value terms, medicaments containing insulin imports expanded rapidly to $X in 2021. In general, imports showed buoyant growth. The most prominent rate of growth was recorded in 2017 when imports increased by 630% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.
Imports by Country
In 2021, Denmark (X tons) was the main medicaments containing insulin supplier to Portugal, accounting for a 97% share of total imports. It was followed by France (X kg), with a 2.5% share of total imports.
From 2012 to 2021, the average annual growth rate of volume from Denmark totaled +17.9%.
In value terms, Denmark ($X) constituted the largest supplier of medicaments containing insulin but not antibiotics to Portugal, comprising 94% of total imports. The second position in the ranking was taken by France ($X), with a 5.8% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from Denmark amounted to +12.5%.
Import Prices by Country
In 2021, the average medicaments containing insulin import price amounted to $X per ton, with a decrease of -3% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 35% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2021, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Denmark amounted to $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+7.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the medicaments containing insulin market in Portugal. 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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