Denmark: Medical Gel Preparations Market 2024

Medical Gel Preparations Market Size in Denmark

The Danish medical gel preparations market soared to $X in 2022, increasing by 35% against the previous year. In general, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -6.0% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Medical Gel Preparations Production in Denmark

In value terms, medical gel preparations production soared to $X in 2022 estimated in export price. Over the period under review, production recorded a noticeable increase. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Medical Gel Preparations Exports

Exports from Denmark

In 2022, overseas shipments of gel preparations for human or veterinary medicine decreased by -6.2% to X tons for the first time since 2017, thus ending a four-year rising trend. The total export volume increased at an average annual rate of +1.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 37% against the previous year. The exports peaked at X tons in 2021, and then shrank in the following year.

In value terms, medical gel preparations exports declined to $X in 2022. In general, exports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 101%. As a result, the exports attained the peak of $X, leveling off in the following year.

Exports by Country

Poland (X tons) was the main destination for medical gel preparations exports from Denmark, accounting for a 22% share of total exports. Moreover, medical gel preparations exports to Poland exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was held by Norway (X tons), with a 7.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Poland amounted to +27.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+5.6% per year) and Norway (+12.2% per year).

In value terms, Germany ($X), Poland ($X) and Norway ($X) appeared to be the largest markets for medical gel preparations exported from Denmark worldwide, with a combined 44% share of total exports.

In terms of the main countries of destination, Poland, with a CAGR of +42.8%, saw the highest rates of growth with regard to 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

In 2022, the average medical gel preparations export price amounted to $X per ton, surging by 6.1% against the previous year. Over the period under review, the export price saw a remarkable increase. The pace of growth appeared the most rapid in 2021 an increase of 98%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Vietnam ($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 Germany (+19.2%), while the prices for the other major destinations experienced more modest paces of growth.

Medical Gel Preparations Imports

Imports into Denmark

In 2022, medical gel preparations imports into Denmark expanded significantly to X tons, with an increase of 11% against the previous year. Over the period under review, imports, however, continue to indicate a pronounced setback. The pace of growth was the most pronounced in 2016 with an increase of 76%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, medical gel preparations imports dropped to $X in 2022. Overall, imports posted a strong expansion. The pace of growth was the most pronounced in 2020 when imports increased by 48% against the previous year. Imports peaked at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, Sweden (X tons) constituted the largest supplier of medical gel preparations to Denmark, accounting for a 41% share of total imports. Moreover, medical gel preparations imports from Sweden exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. The UK (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Sweden stood at +59.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+30.1% per year) and the UK (-15.6% per year).

In value terms, Sweden ($X) constituted the largest supplier of gel preparations for human or veterinary medicine to Denmark, comprising 30% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 12% share of total imports. It was followed by the Czech Republic, with a 9.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Sweden amounted to +39.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+22.5% per year) and the Czech Republic (+314.9% per year).

Import Prices by Country

In 2022, the average medical gel preparations import price amounted to $X per ton, declining by -16.2% against the previous year. In general, the import price, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2014 an increase of 104% against the previous year. The import price peaked at $X per ton in 2021, and then contracted dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+38.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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