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

Market Size for Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof in the Czech Republic

The Czech penicillins or streptomycins medicaments market declined notably to $X in 2022, which is down by -23.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a drastic downturn. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Exports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Exports from the Czech Republic

In 2022, overseas shipments of medicaments of penicillins, streptomycins or derivatives thereof were finally on the rise to reach X tons after two years of decline. In general, exports posted prominent growth. The pace of growth appeared the most rapid in 2015 when exports increased by 107%. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, penicillins or streptomycins medicaments exports dropped to $X in 2022. Over the period under review, exports saw a slight increase. The most prominent rate of growth was recorded in 2019 when exports increased by 39%. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

Slovakia (X tons), Russia (X tons) and Ukraine (X tons) were the main destinations of penicillins or streptomycins medicaments exports from the Czech Republic, together comprising 71% of total exports. Poland, Romania, Lithuania, Denmark and the Philippines lagged somewhat behind, together comprising a further 18%.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of +71.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X) remains the key foreign market for medicaments of penicillins, streptomycins or derivatives thereof exports from the Czech Republic, comprising 59% of total exports. The second position in the ranking was taken by Russia ($X), with an 8.9% share of total exports. It was followed by Ukraine, with a 5.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Slovakia stood at +4.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+39.2% per year) and Ukraine (+51.6% per year).

Export Prices by Country

The average penicillins or streptomycins medicaments export price stood at $X per ton in 2022, shrinking by -13.1% against the previous year. Overall, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2018 when the average export price increased by 26%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to the Philippines ($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 Romania (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Imports into the Czech Republic

Penicillins or streptomycins medicaments imports into the Czech Republic dropped to X tons in 2022, which is down by -7.1% on 2021 figures. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 20% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, penicillins or streptomycins medicaments imports declined remarkably to $X in 2022. In general, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2018 when imports increased by 17%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Austria (X tons) constituted the largest supplier of penicillins or streptomycins medicaments to the Czech Republic, accounting for a 32% share of total imports. Moreover, penicillins or streptomycins medicaments imports from Austria exceeded the figures recorded by the second-largest supplier, the UK (X tons), twofold. Cyprus (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Austria amounted to +12.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-2.2% per year) and Cyprus (+90.2% per year).

In value terms, Austria ($X) constituted the largest supplier of medicaments of penicillins, streptomycins or derivatives thereof to the Czech Republic, comprising 28% of total imports. The second position in the ranking was taken by France ($X), with a 14% share of total imports. It was followed by Cyprus, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from Austria amounted to +7.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+23.7% per year) and Cyprus (+53.5% per year).

Import Prices by Country

In 2022, the average penicillins or streptomycins medicaments import price amounted to $X per ton, which is down by -16.9% against the previous year. Over the period under review, the import price continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2017 when the average import price increased by 7.1% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Netherlands ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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