Portugal: Medicaments Containing Insulin Market 2023

Medicaments Containing Insulin Market Size in Portugal

The Portuguese medicaments containing insulin market declined notably to $X in 2022, reducing by X% 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, however, enjoyed a strong expansion. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Medicaments Containing Insulin Exports

Exports from Portugal

In 2022, the amount of medicaments containing insulin but not antibiotics exported from Portugal fell markedly to X kg, which is down by X% compared with the year before. Overall, exports recorded a deep downturn. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, medicaments containing insulin exports dropped markedly to $X in 2022. Over the period under review, exports continue to indicate a dramatic downturn. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Cabo Verde (X kg), Denmark (X kg) and Angola (X kg) were the main destinations of medicaments containing insulin exports from Portugal.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Denmark ($X) emerged as the key foreign market for medicaments containing insulin but not antibiotics exports from Portugal, comprising X% of total exports. The second position in the ranking was held by Angola ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Denmark was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (X% per year) and Cabo Verde (X% per year).

Export Prices by Country

The average medicaments containing insulin export price stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the export price saw a drastic downturn. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($X per ton), while the average price for exports to Cabo Verde ($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 Angola (X%).

Medicaments Containing Insulin Imports

Imports into Portugal

In 2022, the amount of medicaments containing insulin but not antibiotics imported into Portugal declined remarkably to X kg, falling by X% compared with the previous year. Over the period under review, imports, however, showed a modest increase. The pace of growth appeared the most rapid in 2017 when imports increased by X%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, medicaments containing insulin imports dropped markedly to $X in 2022. Overall, imports, however, continue to indicate a slight expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Denmark (X kg) and Spain (X kg) were the main suppliers of medicaments containing insulin imports to Portugal.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of X%).

In value terms, Denmark ($X) constituted the largest supplier of medicaments containing insulin but not antibiotics to Portugal, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Denmark amounted to X%.

Import Prices by Country

In 2022, the average medicaments containing insulin import price amounted to $X per ton, rising by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for Spain stood at $X per ton.

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

Source: IndexBox Platform

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