Saudi Arabia: Market for Medicaments Of Alkaloids Or Derivatives Thereof 2024

Market Size for Medicaments Of Alkaloids Or Derivatives Thereof in Saudi Arabia

The Saudi market for medicaments of alkaloids or derivatives thereof totaled $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption saw a resilient expansion. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Medicaments Of Alkaloids Or Derivatives Thereof in Saudi Arabia

In value terms, production of medicaments of alkaloids or derivatives thereof expanded rapidly to $X in 2022 estimated in export price. In general, production recorded significant growth. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. Production of peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Medicaments Of Alkaloids Or Derivatives Thereof

Exports from Saudi Arabia

In 2021, approx. X tons of medicaments of alkaloids or derivatives thereof were exported from Saudi Arabia; almost unchanged from 2020 figures. Over the period under review, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of medicaments of alkaloids or derivatives thereof contracted to $X in 2021. Overall, exports continue to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

India (X kg) was the main destination for exports of medicaments of alkaloids or derivatives thereof from Saudi Arabia, with a approx. X% share of total exports.

From 2013 to 2020, the average annual rate of growth in terms of volume to India was relatively modest.

In value terms, India ($X) emerged as the key foreign market for medicaments of alkaloids or derivatives thereof exports from Saudi Arabia.

From 2013 to 2020, the average annual rate of growth in terms of value to India was relatively modest.

Export Prices by Country

The average export price for medicaments of alkaloids or derivatives thereof stood at less than $X per ton in 2020, almost unchanged from the previous year. Overall, the export price showed a abrupt downturn. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2020, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2013 to 2020, the rate of growth in terms of prices for Iraq amounted to X% per year.

Imports of Medicaments Of Alkaloids Or Derivatives Thereof

Imports into Saudi Arabia

In 2022, approx. X tons of medicaments of alkaloids or derivatives thereof were imported into Saudi Arabia; dropping by X% on 2021 figures. In general, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports of hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of medicaments of alkaloids or derivatives thereof amounted to $X in 2022. Over the period under review, imports recorded a dramatic slump. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

In 2022, Ireland (X tons) constituted the largest supplier of medicaments of alkaloids or derivatives thereof to Saudi Arabia, accounting for a X% share of total imports. Moreover, imports of medicaments of alkaloids or derivatives thereof from Ireland exceeded the figures recorded by the second-largest supplier, Australia (X tons), sixfold. The third position in this ranking was taken by Belgium (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Ireland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (X% per year) and Belgium (X% per year).

In value terms, Ireland ($X) constituted the largest supplier of medicaments of alkaloids or derivatives thereof to Saudi Arabia, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with a X% share of total imports. It was followed by Australia, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Ireland amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Australia (X% per year).

Import Prices by Country

In 2022, the average import price for medicaments of alkaloids or derivatives thereof amounted to $X per ton, surging by X% against the previous year. In general, the import price, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Ireland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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