Serbia: Market for Medicaments Of Other Antibiotics 2024

Market Size for Medicaments Of Other Antibiotics in Serbia

In 2022, the Serbian medicaments of other antibiotics market increased by X% to $X, rising for the fifth year in a row after three years of decline. Over the period under review, the total consumption indicated a notable expansion 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 increased by X% against 2017 indices. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the near future.

Production of Medicaments Of Other Antibiotics in Serbia

In value terms, medicaments of other antibiotics production reduced to $X in 2022 estimated in export price. In general, production enjoyed tangible growth. The pace of growth appeared the most rapid in 2018 with an increase of X%. Medicaments of other antibiotics production peaked at $X in 2021, and then shrank in the following year.

Exports of Medicaments Of Other Antibiotics

Exports from Serbia

In 2022, the amount of medicaments of other antibiotics exported from Serbia fell to X tons, dropping by X% against the previous year. Over the period under review, exports continue to indicate a pronounced slump. The pace of growth appeared the most rapid in 2015 with an increase of X%. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, medicaments of other antibiotics exports dropped to $X in 2022. Overall, exports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2020 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons), Bosnia and Herzegovina (X tons) and Montenegro (X tons) were the main destinations of medicaments of other antibiotics exports from Serbia, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Bosnia and Herzegovina ($X) and Montenegro ($X) constituted the largest markets for medicaments of other antibiotics exported from Serbia worldwide, together accounting for X% of total exports.

Germany, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average medicaments of other antibiotics export price amounted to $X per ton, picking up by X% against the previous year. Overall, the export price, however, showed a noticeable curtailment. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Iraq ($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 North Macedonia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Medicaments Of Other Antibiotics

Imports into Serbia

In 2022, purchases abroad of medicaments of other antibiotics increased by X% to X tons, rising for the fifth consecutive year after two years of decline. Over the period under review, imports, however, saw a perceptible decline. The pace of growth was the most pronounced in 2014 with an increase of X%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, medicaments of other antibiotics imports dropped significantly to $X in 2022. Overall, imports, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2015 when imports increased by X%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Poland (X tons) constituted the largest medicaments of other antibiotics supplier to Serbia, with a X% share of total imports. Moreover, medicaments of other antibiotics imports from Poland exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. The third position in this ranking was taken by Montenegro (X tons), with a X% share.

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

In value terms, the largest medicaments of other antibiotics suppliers to Serbia were Poland ($X), Italy ($X) and Montenegro ($X), together comprising X% of total imports. Slovenia, Spain, Greece, Turkey, Bosnia and Herzegovina, Germany, Belgium, Bulgaria, the Netherlands and China lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Greece, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average medicaments of other antibiotics import price stood at $X per ton in 2022, waning by X% against the previous year. Overall, the import price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, 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 Germany ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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