Benelux: Medical Gel Preparations Market 2024

Medical Gel Preparations Market Size in Benelux

The Benelux medical gel preparations market totaled $X in 2022, stabilizing at the previous year. Overall, consumption, however, posted significant growth. Over the period under review, the market reached the maximum level in 2022 and is likely to continue growth in years to come.

Medical Gel Preparations Production in Benelux

In value terms, medical gel preparations production stood at $X in 2022 estimated in export price. In general, production, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2015 with an increase of 99% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Medical Gel Preparations Exports

Exports in Benelux

After four years of growth, shipments abroad of gel preparations for human or veterinary medicine decreased by -31.9% to X tons in 2022. Over the period under review, exports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of 45% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then declined dramatically in the following year.

In value terms, medical gel preparations exports dropped sharply to $X in 2022. In general, exports, however, showed prominent growth. The pace of growth was the most pronounced in 2019 when exports increased by 57%. The level of export peaked at $X in 2021, and then contracted significantly in the following year.

Exports by Country

The Netherlands represented the main exporting country with an export of around X tons, which amounted to 82% of total exports. It was distantly followed by Belgium (X tons), comprising a 17% share of total exports.

The Netherlands was also the fastest-growing in terms of the gel preparations for human or veterinary medicine exports, with a CAGR of +21.5% from 2012 to 2022. Belgium (-5.8%) illustrated a downward trend over the same period. While the share of the Netherlands (+58 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belgium (-47.8 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest medical gel preparations supplier in Benelux, comprising 94% of total exports. The second position in the ranking was held by Belgium ($X), with a 6.1% share of total exports.

In the Netherlands, medical gel preparations exports expanded at an average annual rate of +19.4% over the period from 2012-2022.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, with an increase of 5.9% against the previous year. Export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, medical gel preparations export price increased by +43.9% against 2018 indices. The pace of growth was the most pronounced in 2015 an increase of 81% against the previous year. The level of export peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+0.0%).

Medical Gel Preparations Imports

Imports in Benelux

In 2022, after six years of growth, there was significant decline in supplies from abroad of gel preparations for human or veterinary medicine, when their volume decreased by -11.5% to X tons. Over the period under review, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 140% against the previous year. The volume of import peaked at X tons in 2021, and then reduced in the following year.

In value terms, medical gel preparations imports amounted to $X in 2022. In general, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 1,015% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

The Netherlands dominates imports structure, recording X tons, which was approx. 96% of total imports in 2022. Belgium (X tons) held a relatively small share of total imports.

The Netherlands was also the fastest-growing in terms of the gel preparations for human or veterinary medicine imports, with a CAGR of +48.4% from 2012 to 2022. Belgium (-4.5%) illustrated a downward trend over the same period. The Netherlands (+77 p.p.) significantly strengthened its position in terms of the total imports, while Belgium saw its share reduced by -62.1% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X) constitutes the largest market for imported gel preparations for human or veterinary medicine in Benelux, comprising 100% of total imports. The second position in the ranking was taken by Belgium ($X), with a 0.2% share of total imports.

In the Netherlands, medical gel preparations imports expanded at an average annual rate of +84.6% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, growing by 19% against the previous year. In general, the import price saw a significant expansion. The most prominent rate of growth was recorded in 2018 when the import price increased by 365%. Over the period under review, import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+24.4%).

Source: IndexBox Platform