Austria: Medicaments Containing Penicillin Market 2024

Medicaments Containing Penicillin Market Size in Austria

The Austrian medicaments containing penicillin market declined to $X in 2021, reducing by -2.3% against the previous year. Over the period under review, consumption saw resilient growth. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Medicaments Containing Penicillin Production in Austria

In value terms, medicaments containing penicillin production declined to $X in 2021 estimated in export price. Overall, production showed a buoyant increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by 240%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Medicaments Containing Penicillin Exports

Exports from Austria

In 2021, overseas shipments of medicaments containing penicillins or derivatives thereof increased by 243% to X tons, rising for the second consecutive year after four years of decline. Overall, exports, however, continue to indicate a deep setback. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, medicaments containing penicillin exports skyrocketed to $X in 2021. In general, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 289%. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in years to come.

Exports by Country

Croatia (X tons) was the main destination for medicaments containing penicillin exports from Austria, with a 52% share of total exports. Moreover, medicaments containing penicillin exports to Croatia exceeded the volume sent to the second major destination, Brazil (X tons), fourfold. The third position in this ranking was taken by the United States (X tons), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Croatia amounted to +18.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+13.3% per year) and the United States (-9.8% per year).

In value terms, Croatia ($X) remains the key foreign market for medicaments containing penicillins or derivatives thereof exports from Austria, comprising 47% of total exports. The second position in the ranking was taken by the United States ($X), with a 22% share of total exports. It was followed by Brazil, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Croatia stood at +34.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+9.7% per year) and Brazil (+30.9% per year).

Export Prices by Country

In 2021, the average medicaments containing penicillin export price amounted to $X per ton, falling by -31.1% against the previous year. In general, the export price, however, continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 151% against the previous year. As a result, the export price attained the peak level of $X per ton, and then dropped markedly in the following year.

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 the United States ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+30.6%), while the prices for the other major destinations experienced more modest paces of growth.

Medicaments Containing Penicillin Imports

Imports into Austria

In 2021, approx. X tons of medicaments containing penicillins or derivatives thereof were imported into Austria; increasing by 10% on the previous year. Overall, total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +35.3% against 2019 indices. The pace of growth was the most pronounced in 2018 with an increase of 42%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, medicaments containing penicillin imports expanded remarkably to $X in 2021. In general, total imports indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -9.7% against 2018 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 50%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

China (X tons), Spain (X tons) and Germany (X tons) were the main suppliers of medicaments containing penicillin imports to Austria, together comprising 99% of total imports.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +31.6%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Spain ($X), China ($X) and Germany ($X) appeared to be the largest medicaments containing penicillin suppliers to Austria, together comprising 100% of total imports.

Among the main suppliers, Germany, with a CAGR of +21.5%, 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

In 2021, the average medicaments containing penicillin import price amounted to $X per ton, surging by 2.1% against the previous year. In general, the import price, however, continues to indicate a slight shrinkage. The growth pace was the most rapid in 2016 when the average import price increased by 11% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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