Benelux: Market for Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof 2024

Market Size for Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof in Benelux

The Benelux penicillins or streptomycins medicaments market expanded remarkably to $X in 2022, increasing by 5.7% against the previous year. In general, consumption showed a buoyant increase. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Production of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof in Benelux

In value terms, penicillins or streptomycins medicaments production expanded notably to $X in 2022 estimated in export price. Over the period under review, production showed moderate growth. The growth pace was the most rapid in 2014 with an increase of 65% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Exports in Benelux

In 2022, shipments abroad of medicaments of penicillins, streptomycins or derivatives thereof decreased by -10.3% to X tons, falling for the second consecutive year after five years of growth. Total exports indicated a pronounced increase from 2012 to 2022: its volume increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -20.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 57%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, penicillins or streptomycins medicaments exports reduced to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 49% against the previous year. The level of export peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

The biggest shipments were from Belgium (X tons) and the Netherlands (X tons), together finishing at 99.9% of total export.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +4.4%).

In value terms, the largest penicillins or streptomycins medicaments supplying countries in Benelux were Belgium ($X) and the Netherlands ($X).

The Netherlands, with a CAGR of +3.3%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, falling by -3.5% against the previous year. Over the period under review, the export price saw a perceptible descent. The pace of growth appeared the most rapid in 2017 an increase of 24%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-1.0%).

Imports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Imports in Benelux

After three years of growth, overseas purchases of medicaments of penicillins, streptomycins or derivatives thereof decreased by -2.9% to X tons in 2022. Total imports indicated a perceptible expansion from 2012 to 2022: its volume increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.0% against 2018 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 83%. The volume of import peaked at X tons in 2021, and then shrank modestly in the following year.

In value terms, penicillins or streptomycins medicaments imports shrank markedly to $X in 2022. Over the period under review, imports continue to indicate a slight setback. The pace of growth was the most pronounced in 2016 with an increase of 35%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Belgium represented the major importer of medicaments of penicillins, streptomycins or derivatives thereof in Benelux, with the volume of imports recording X tons, which was approx. 61% of total imports in 2022. It was distantly followed by the Netherlands (X tons), generating a 38% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +10.3%).

In value terms, Belgium ($X) constitutes the largest market for imported medicaments of penicillins, streptomycins or derivatives thereof in Benelux, comprising 71% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 28% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Belgium stood at -2.5%.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, declining by -20% against the previous year. Over the period under review, the import price showed a pronounced decrease. The pace of growth was the most pronounced in 2014 an increase of 47% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Netherlands totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-3.5%).

Source: IndexBox Platform