Denmark: Veterinary Medicine Vaccines Market 2025

Veterinary Medicine Vaccines Market Size in Denmark

The Danish veterinary medicine vaccines market shrank sharply to $X in 2021, reducing by -26.3% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Veterinary Medicine Vaccines Production in Denmark

In value terms, veterinary medicine vaccines production declined significantly to $X in 2021 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 50%. Veterinary medicine vaccines production peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Veterinary Medicine Vaccines Exports

Exports from Denmark

In 2021, overseas shipments of vaccines for veterinary medicine increased by 104% to X tons, rising for the fourth year in a row after two years of decline. Over the period under review, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 467% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in the immediate term.

In value terms, veterinary medicine vaccines exports surged to $X in 2021. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 403%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Sweden (X tons) was the main destination for veterinary medicine vaccines exports from Denmark, accounting for a 51% share of total exports. Moreover, veterinary medicine vaccines exports to Sweden exceeded the volume sent to the second major destination, Italy (X tons), fourfold. The Netherlands (X tons) ranked third in terms of total exports with a 9.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Sweden amounted to +55.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+311.3% per year) and the Netherlands (+66.1% per year).

In value terms, Sweden ($X) emerged as the key foreign market for vaccines for veterinary medicine exports from Denmark, comprising 41% of total exports. The second position in the ranking was taken by Italy ($X), with a 20% share of total exports. It was followed by the Netherlands, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Sweden stood at +50.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+283.1% per year) and the Netherlands (+71.7% per year).

Export Prices by Country

The average veterinary medicine vaccines export price stood at $X per ton in 2021, which is down by -4.1% against the previous year. Over the period under review, the export price continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2015 when the average export price increased by 67%. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Italy ($X per ton), while the average price for exports to Portugal ($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 Egypt (+39.0%), while the prices for the other major destinations experienced more modest paces of growth.

Veterinary Medicine Vaccines Imports

Imports into Denmark

In 2021, purchases abroad of vaccines for veterinary medicine decreased by -4.5% to X tons for the first time since 2016, thus ending a four-year rising trend. In general, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 96% against the previous year. As a result, imports attained the peak of X tons, and then shrank in the following year.

In value terms, veterinary medicine vaccines imports fell to $X in 2021. Over the period under review, imports, however, posted a prominent expansion. The growth pace was the most rapid in 2020 when imports increased by 175% against the previous year. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

The United States (X tons), the Czech Republic (X tons) and France (X tons) were the main suppliers of veterinary medicine vaccines imports to Denmark, with a combined 62% share of total imports. Croatia, Belgium, Spain, Germany and the UK lagged somewhat behind, together comprising a further 37%.

From 2012 to 2021, the biggest increases were recorded for Croatia (with a CAGR of +147.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest veterinary medicine vaccines suppliers to Denmark were France ($X), the Czech Republic ($X) and Belgium ($X), together accounting for 70% of total imports. These countries were followed by Spain, the United States, Croatia, Germany and the UK, which together accounted for a further 28%.

Croatia, with a CAGR of +130.9%, recorded the highest rates of growth with regard to the value of imports, among 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 veterinary medicine vaccines import price amounted to $X per ton, rising by 4.4% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2021: its price increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, veterinary medicine vaccines import price increased by +71.0% against 2017 indices. The most prominent rate of growth was recorded in 2020 an increase of 40% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for Croatia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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