EU: Medicaments Containing Penicillin Market 2024

Medicaments Containing Penicillin Market Size in the EU

In 2021, after two years of decline, there was significant growth in the EU medicaments containing penicillin market, when its value increased by 6.8% to $X. Over the period under review, consumption showed buoyant growth. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Medicaments Containing Penicillin Production in the EU

In value terms, medicaments containing penicillin production expanded to $X in 2021 estimated in export price. Overall, production saw resilient growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by 155% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Medicaments Containing Penicillin Exports

Exports in the EU

In 2021, after three years of decline, there was significant growth in shipments abroad of medicaments containing penicillins or derivatives thereof, when their volume increased by 15% to X tons. Total exports indicated a modest increase from 2012 to 2021: its volume increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 49%. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, medicaments containing penicillin exports expanded sharply to $X in 2021. In general, exports saw a buoyant expansion. The pace of growth was the most pronounced in 2013 when exports increased by 84%. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Spain was the main exporting country with an export of around X tons, which amounted to 43% of total exports. Italy (X tons) ranks second in terms of the total exports with a 21% share, followed by Belgium (8.5%), Austria (8.1%) and France (6.4%). The following exporters - Germany (X tons) and Slovenia (X tons) - each reached an 8% share of total exports.

Exports from Spain increased at an average annual rate of +30.8% from 2012 to 2021. At the same time, Belgium (+93.7%), Italy (+18.0%), Germany (+15.3%) and France (+10.5%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +93.7% from 2012-2021. By contrast, Austria (-8.4%) and Slovenia (-17.7%) illustrated a downward trend over the same period. While the share of Spain (+39 p.p.), Italy (+16 p.p.), Belgium (+8.5 p.p.), France (+3.5 p.p.) and Germany (+2.8 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Austria (-12 p.p.) and Slovenia (-21.7 p.p.) displayed negative dynamics.

In value terms, Spain ($X), Belgium ($X) and Austria ($X) constituted the countries with the highest levels of exports in 2021, together comprising 82% of total exports.

Among the main exporting countries, Belgium, with a CAGR of +161.0%, recorded 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

The export price in the European Union stood at $X per ton in 2021, declining by -3.3% against the previous year. Export price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +7.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, medicaments containing penicillin export price increased by +4.3% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the export price increased by 36% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+34.8%), while the other leaders experienced more modest paces of growth.

Medicaments Containing Penicillin Imports

Imports in the EU

Medicaments containing penicillin imports rose slightly to X tons in 2021, with an increase of 1.7% compared with the year before. Total imports indicated a temperate increase from 2012 to 2021: its volume increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +26.2% against 2019 indices. The pace of growth was the most pronounced in 2016 when imports increased by 44% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, medicaments containing penicillin imports rose rapidly to $X in 2021. Total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +7.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +11.6% against 2019 indices. The pace of growth appeared the most rapid in 2016 when imports increased by 47%. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Austria represented the major importer of medicaments containing penicillins or derivatives thereof in the European Union, with the volume of imports amounting to X tons, which was near 39% of total imports in 2021. France (X tons) held the second position in the ranking, followed by Romania (X tons), Italy (X tons) and Belgium (X tons). All these countries together took approx. 51% share of total imports. The following importers - Poland (X tons) and Spain (X tons) - each accounted for a 4.1% share of total imports.

Imports into Austria increased at an average annual rate of +6.0% from 2012 to 2021. At the same time, Romania (+55.9%), France (+34.0%), Italy (+25.1%) and Belgium (+24.6%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing importer imported in the European Union, with a CAGR of +55.9% from 2012-2021. By contrast, Spain (-8.0%) and Poland (-11.7%) illustrated a downward trend over the same period. While the share of France (+16 p.p.), Romania (+13 p.p.), Austria (+11 p.p.), Italy (+11 p.p.) and Belgium (+6 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Spain (-2.6 p.p.) and Poland (-6.5 p.p.) displayed negative dynamics.

In value terms, the largest medicaments containing penicillin importing markets in the European Union were Austria ($X), Italy ($X) and Belgium ($X), together comprising 84% of total imports.

Belgium, with a CAGR of +56.3%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2021, increasing by 7.3% against the previous year. Import price indicated tangible growth from 2012 to 2021: its price increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, medicaments containing penicillin import price decreased by -11.6% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the import price increased by 22%. Over the period under review, import prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+25.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :