EU: Medical Gel Preparations Market 2024

Medical Gel Preparations Market Size in the EU

In 2022, after four years of growth, there was decline in the EU medical gel preparations market, when its value decreased by -0.3% to $X. In general, consumption, however, showed resilient growth. The level of consumption peaked at $X in 2021, and then declined slightly in the following year.

Medical Gel Preparations Production in the EU

In value terms, medical gel preparations production dropped dramatically to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 30% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Medical Gel Preparations Exports

Exports in the EU

In 2022, overseas shipments of gel preparations for human or veterinary medicine increased by 5.1% to X tons, rising for the sixth year in a row after two years of decline. Total exports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.4% against 2016 indices. The pace of growth appeared the most rapid in 2014 with an increase of 37%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, medical gel preparations exports surged to $X in 2022. In general, exports posted strong growth. The most prominent rate of growth was recorded in 2018 with an increase of 27% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Exports by Country

In 2022, Italy (X tons), distantly followed by Spain (X tons), Germany (X tons), Hungary (X tons), the Netherlands (X tons) and France (X tons) represented the main exporters of gel preparations for human or veterinary medicine, together constituting 84% of total exports. Ireland (X tons) took a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +21.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest medical gel preparations supplying countries in the European Union were Ireland ($X), Germany ($X) and the Netherlands ($X), together accounting for 51% of total exports.

The Netherlands, with a CAGR of +19.4%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, jumping by 18% against the previous year. In general, the export price, however, saw a mild descent. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Ireland ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+6.1%), while the other leaders experienced more modest paces of growth.

Medical Gel Preparations Imports

Imports in the EU

In 2022, purchases abroad of gel preparations for human or veterinary medicine decreased by -4.4% to X tons for the first time since 2017, thus ending a four-year rising trend. Overall, imports, however, saw a prominent expansion. The growth pace was the most rapid in 2018 with an increase of 30% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then dropped slightly in the following year.

In value terms, medical gel preparations imports totaled $X in 2022. Over the period under review, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2018 with an increase of 220%. The level of import peaked in 2022 and is likely to continue growth in the near future.

Imports by Country

The Netherlands was the key importer of gel preparations for human or veterinary medicine in the European Union, with the volume of imports finishing at X tons, which was approx. 36% of total imports in 2022. France (X tons) held the second position in the ranking, followed by Spain (X tons), Italy (X tons), Poland (X tons) and Germany (X tons). All these countries together took near 45% share of total imports. The Czech Republic (X tons) took a minor share of total imports.

The Netherlands was also the fastest-growing in terms of the gel preparations for human or veterinary medicine imports, with a CAGR of +48.4% from 2012 to 2022. At the same time, Poland (+22.4%), the Czech Republic (+18.5%), Spain (+9.4%), Italy (+6.4%) and France (+5.3%) displayed positive paces of growth. Germany experienced a relatively flat trend pattern. The Netherlands (+34 p.p.) and Poland (+3.9 p.p.) significantly strengthened its position in terms of the total imports, while Italy, France and Germany saw its share reduced by -4.8%, -8% and -9.9% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported gel preparations for human or veterinary medicine in the European Union, comprising 93% of total imports. The second position in the ranking was held by France ($X), with a 1.1% share of total imports. It was followed by Spain, with a 0.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands totaled +84.6%. The remaining importing countries recorded the following average annual rates of imports growth: France (-2.3% per year) and Spain (+18.0% per year).

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, growing by 11% against the previous year. In general, the import price enjoyed a significant increase. The most prominent rate of growth was recorded in 2018 an increase of 147% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+24.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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