EU: Medicaments Containing Hormones Market 2024

Medicaments Containing Hormones Market Size in the EU

In 2022, the EU medicaments containing hormones market decreased by X% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption, however, saw a pronounced contraction. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Medicaments Containing Hormones Production in the EU

In value terms, medicaments containing hormones production reduced modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2014 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Medicaments Containing Hormones Exports

Exports in the EU

In 2022, the amount of medicaments containing hormones but not antibiotics exported in the European Union surged to X tons, growing by X% compared with the previous year. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, medicaments containing hormones exports soared to $X in 2022. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The shipments of the one major exporters of medicaments containing hormones but not antibiotics, namely Ireland, represented more than two-thirds of total export.

Ireland was also the fastest-growing in terms of the medicaments containing hormones but not antibiotics exports, with a CAGR of X% from 2012 to 2022. Ireland (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In Ireland, medicaments containing hormones exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, falling by X% against the previous year. In general, the export price faced a significant curtailment. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Ireland.

From 2012 to 2022, the rate of growth in terms of prices for Ireland amounted to X% per year.

Medicaments Containing Hormones Imports

Imports in the EU

In 2022, purchases abroad of medicaments containing hormones but not antibiotics was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, medicaments containing hormones imports skyrocketed to $X in 2022. In general, imports saw strong growth. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The Netherlands was the largest importing country with an import of about X tons, which accounted for X% of total imports. Spain (X tons) ranks second in terms of the total imports with a X% share, followed by Denmark (X%), Hungary (X%), Poland (X%) and Bulgaria (X%). Sweden (X tons) held a relatively small share of total imports.

Imports into the Netherlands increased at an average annual rate of X% from 2012 to 2022. At the same time, Bulgaria (X%), Poland (X%), Sweden (X%), Denmark (X%) and Hungary (X%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. By contrast, Spain (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands, Denmark, Poland, Hungary and Bulgaria increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Denmark ($X) constitutes the largest market for imported medicaments containing hormones but not antibiotics in the European Union, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Denmark amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Poland (X% per year).

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, falling by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the import prices remained at a somewhat lower figure.

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 Denmark ($X per ton), while Spain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :