Austria: Medical Gel Preparations Market 2024

Medical Gel Preparations Market Size in Austria

In 2022, the Austrian medical gel preparations market decreased by -15.8% to $X, falling for the third year in a row after two years of growth. In general, consumption, however, posted a resilient increase. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Medical Gel Preparations Production in Austria

In value terms, medical gel preparations production fell to $X in 2022 estimated in export price. In general, production, however, recorded noticeable growth. The growth pace was the most rapid in 2013 when the production volume increased by 55%. Medical gel preparations production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Medical Gel Preparations Exports

Exports from Austria

In 2022, approx. X tons of gel preparations for human or veterinary medicine were exported from Austria; surging by 2.3% against 2021. Over the period under review, exports, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2015 when exports increased by 41%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, medical gel preparations exports soared to $X in 2022. In general, exports, however, saw a perceptible contraction. The most prominent rate of growth was recorded in 2018 when exports increased by 41% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons) was the main destination for medical gel preparations exports from Austria, with a 55% share of total exports. Moreover, medical gel preparations exports to the Netherlands exceeded the volume sent to the second major destination, Mexico (X tons), sevenfold. Germany (X tons) ranked third in terms of total exports with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands stood at +69.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+24.3% per year) and Germany (-12.1% per year).

In value terms, the Netherlands ($X) remains the key foreign market for gel preparations for human or veterinary medicine exports from Austria, comprising 59% of total exports. The second position in the ranking was held by Germany ($X), with a 21% share of total exports. It was followed by Brazil, with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands stood at +62.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-9.7% per year) and Brazil (-5.4% per year).

Export Prices by Country

The average medical gel preparations export price stood at $X per ton in 2022, rising by 15% against the previous year. Over the period under review, the export price, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 25%. The export price peaked at $X per ton in 2014; however, from 2015 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 Germany ($X per ton), while the average price for exports to Switzerland ($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 Germany (+2.8%), while the prices for the other major destinations experienced a decline.

Medical Gel Preparations Imports

Imports into Austria

In 2022, purchases abroad of gel preparations for human or veterinary medicine decreased by -31.6% to X tons, falling for the second consecutive year after two years of growth. In general, imports, however, continue to indicate a notable increase. The pace of growth was the most pronounced in 2020 with an increase of 91%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, medical gel preparations imports dropped dramatically to $X in 2022. Over the period under review, imports showed a perceptible decrease. The pace of growth appeared the most rapid in 2016 when imports increased by 16% against the previous year. Over the period under review, imports attained the peak figure at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

Turkey (X tons), Germany (X tons) and the United States (X tons) were the main suppliers of medical gel preparations imports to Austria, with a combined 92% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +18.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and the Czech Republic ($X) were the largest medical gel preparations suppliers to Austria, with a combined 66% share of total imports.

The Czech Republic, with a CAGR of +5.0%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average medical gel preparations import price amounted to $X per ton, picking up by 21% against the previous year. Overall, the import price, however, continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 23%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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