Czech Republic: Medical Gel Preparations Market 2024

Medical Gel Preparations Market Size in the Czech Republic

The Czech medical gel preparations market expanded notably to $X in 2022, growing by 6.2% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Medical gel preparations consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Medical Gel Preparations Production in the Czech Republic

In value terms, medical gel preparations production expanded slightly to $X in 2022 estimated in export price. Overall, production, however, showed a perceptible descent. The growth pace was the most rapid in 2016 when the production volume increased by 28%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Medical Gel Preparations Exports

Exports from the Czech Republic

In 2022, after two years of decline, there was significant growth in overseas shipments of gel preparations for human or veterinary medicine, when their volume increased by 45% to X tons. Overall, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2019 when exports increased by 132%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, medical gel preparations exports skyrocketed to $X in 2022. Over the period under review, exports recorded a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Slovakia (X tons), Belgium (X tons) and Denmark (X tons) were the main destinations of medical gel preparations exports from the Czech Republic, together accounting for 67% of total exports.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of +92.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Austria ($X) and Poland ($X) constituted the largest markets for medical gel preparations exported from the Czech Republic worldwide, together accounting for 34% of total exports. Denmark, Slovakia, Germany, Bulgaria and Myanmar lagged somewhat behind, together comprising a further 23%.

Among the main countries of destination, Denmark, with a CAGR of +71.5%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average medical gel preparations export price stood at $X per ton in 2022, jumping by 15% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 57% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Slovakia ($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 Poland (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Medical Gel Preparations Imports

Imports into the Czech Republic

In 2022, the amount of gel preparations for human or veterinary medicine imported into the Czech Republic soared to X tons, jumping by 32% on 2021. Overall, imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of 101%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, medical gel preparations imports expanded significantly to $X in 2022. In general, imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 56%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Hungary (X tons), Slovakia (X tons) and Spain (X tons) were the main suppliers of medical gel preparations imports to the Czech Republic, together comprising 55% of total imports. Turkey, Germany, Italy, the United States and Poland lagged somewhat behind, together comprising a further 35%.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +82.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), Germany ($X) and Turkey ($X) were the largest medical gel preparations suppliers to the Czech Republic, together comprising 56% of total imports. The United States, Hungary, Italy, Spain and Poland lagged somewhat behind, together comprising a further 20%.

Italy, with a CAGR of +52.3%, 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, falling by -18.3% against the previous year. Overall, the import price recorded a noticeable slump. The most prominent rate of growth was recorded in 2021 an increase of 58% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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