Denmark: Market for Medicaments Containing Corticosteroid Hormones 2025

Market Size for Medicaments Containing Corticosteroid Hormones in Denmark

For the fifth year in a row, the Danish medicaments containing corticosteroid hormones market recorded growth in sales value, which increased by 5.1% to $X in 2021. Over the period under review, consumption recorded a significant increase. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in the immediate term.

Production of Medicaments Containing Corticosteroid Hormones in Denmark

In value terms, medicaments containing corticosteroid hormones production rose notably to $X in 2021 estimated in export price. Overall, production, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by 52% against the previous year. Over the period under review, production attained the peak level in 2021 and is expected to retain growth in the immediate term.

Exports of Medicaments Containing Corticosteroid Hormones

Exports from Denmark

In 2021, overseas shipments of medicaments containing corticosteroid hormones decreased by -22.1% to X tons for the first time since 2015, thus ending a five-year rising trend. In general, exports, however, saw a prominent increase. The growth pace was the most rapid in 2016 when exports increased by 59% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020, and then declined dramatically in the following year.

In value terms, medicaments containing corticosteroid hormones exports contracted to $X in 2021. Over the period under review, exports, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2018 with an increase of 91% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2020, and then declined modestly in the following year.

Exports by Country

The Netherlands (X tons), Sweden (X tons) and Poland (X tons) were the main destinations of medicaments containing corticosteroid hormones exports from Denmark, together comprising 49% of total exports. These countries were followed by Romania, Germany, Belgium, the United Arab Emirates, the Czech Republic, France, Italy, Finland, South Africa and Saudi Arabia, which together accounted for a further 38%.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +196.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for medicaments containing corticosteroid hormones exported from Denmark were the United Arab Emirates ($X), the Netherlands ($X) and Sweden ($X), with a combined 58% share of total exports. These countries were followed by Poland, the Czech Republic, Romania, South Africa, France, Germany, Finland, Saudi Arabia, Italy and Belgium, which together accounted for a further 29%.

In terms of the main countries of destination, Italy, with a CAGR of +149.5%, 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

In 2021, the average medicaments containing corticosteroid hormones export price amounted to $X per ton, growing by 26% against the previous year. Overall, the export price, however, saw a abrupt decline. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+44.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Medicaments Containing Corticosteroid Hormones

Imports into Denmark

In 2021, medicaments containing corticosteroid hormones imports into Denmark soared to X tons, picking up by 82% against the year before. In general, imports saw significant growth. The pace of growth was the most pronounced in 2019 with an increase of 247%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, medicaments containing corticosteroid hormones imports skyrocketed to $X in 2021. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 121% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

From 2012 to 2021, the average annual growth rate of volume from No country was relatively modest.

From 2012 to 2021, the average annual rate of growth in terms of value from No country was relatively modest.

Source: IndexBox Platform

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