Croatia: Medicaments Containing Hormones Market 2024

Medicaments Containing Hormones Market Size in Croatia

The Croatian medicaments containing hormones market was estimated at $X in 2022, stabilizing at the previous year. Over the period under review, consumption, however, posted a prominent expansion. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Medicaments Containing Hormones Production in Croatia

In value terms, medicaments containing hormones production skyrocketed to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Medicaments Containing Hormones Exports

Exports from Croatia

In 2022, after seven years of growth, there was significant decline in overseas shipments of medicaments containing hormones but not antibiotics, when their volume decreased by X% to X kg. Over the period under review, exports faced a significant decline. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The exports peaked at X kg in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, medicaments containing hormones exports fell markedly to $X in 2022. Overall, exports continue to indicate a sharp curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X kg), Poland (X kg) and Denmark (X kg) were the main destinations of medicaments containing hormones exports from Croatia, together accounting for X% of total exports.

From 2013 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X) remains the key foreign market for medicaments containing hormones but not antibiotics exports from Croatia, comprising X% of total exports. The second position in the ranking was taken by Poland ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2013 to 2022, the average annual growth rate of value to Denmark stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Spain (X% per year).

Export Prices by Country

The average medicaments containing hormones export price stood at $X per ton in 2022, waning by X% against the previous year. In general, the export price, however, continues to indicate a prominent expansion. The growth pace was the most rapid in 2021 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X,000 per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (X%).

Medicaments Containing Hormones Imports

Imports into Croatia

Medicaments containing hormones imports into Croatia skyrocketed to X tons in 2021, rising by X% compared with 2020 figures. Over the period under review, imports, however, recorded a noticeable slump. The growth pace was the most rapid in 2015 when imports increased by X%. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, medicaments containing hormones imports soared to $X in 2021. Overall, imports continue to indicate modest growth. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of medicaments containing hormones to Croatia, accounting for a X% share of total imports. Moreover, medicaments containing hormones imports from the United States exceeded the figures recorded by the second-largest supplier, Jordan (X kg), fivefold.

From 2012 to 2021, the average annual growth rate of volume from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Jordan (X% per year) and Israel (X% per year).

In value terms, the largest medicaments containing hormones suppliers to Croatia were the United States ($X), Jordan ($X) and Israel ($X), with a combined X% share of total imports.

Israel, with a CAGR of X%, saw the highest rates of growth with regard to 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 2021, the average medicaments containing hormones import price amounted to $X per ton, dropping by X% against the previous year. Overall, the import price, however, posted a remarkable increase. The growth pace was the most rapid in 2019 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the average 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 Jordan ($X per ton), while the price for Israel ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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