EU: Market for Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof 2024

Market Size for Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof in the EU

For the third consecutive year, the EU penicillins or streptomycins medicaments market recorded growth in sales value, which increased by 5.2% to $X in 2022. The market value increased at an average annual rate of +3.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X; afterwards, it flattened through to 2022.

Production of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof in the EU

In value terms, penicillins or streptomycins medicaments production skyrocketed to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.8% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Exports in the EU

In 2022, exports of medicaments of penicillins, streptomycins or derivatives thereof in the European Union rose sharply to X tons, surging by 8.9% on the year before. Overall, exports, however, recorded a mild contraction. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, penicillins or streptomycins medicaments exports declined to $X in 2022. Over the period under review, exports, however, showed a slight shrinkage. The growth pace was the most rapid in 2017 with an increase of 14%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Austria (X tons) and Italy (X tons) represented roughly 43% of total exports in 2022. Malta (X tons) took a 9.3% share (based on physical terms) of total exports, which put it in second place, followed by Slovenia (7.7%), France (7.4%), Portugal (6.2%), Belgium (5%) and Spain (4.6%). The Netherlands (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Malta (with a CAGR of +80.9%), while the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Italy ($X) and France ($X) were the countries with the highest levels of exports in 2022, together accounting for 53% of total exports. Slovenia, Belgium, Portugal, Malta, the Netherlands and Spain lagged somewhat behind, together comprising a further 34%.

Malta, with a CAGR of +67.0%, recorded the highest rates of growth with regard to the value of exports, in terms of 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, falling by -13.8% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 19%. Over the period under review, the export prices reached the maximum at $X per ton in 2021, and then contracted in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+10.9%), while the other leaders experienced more modest paces of growth.

Imports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Imports in the EU

In 2022, the amount of medicaments of penicillins, streptomycins or derivatives thereof imported in the European Union rose rapidly to X tons, with an increase of 15% compared with 2021. The total import volume increased at an average annual rate of +1.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of 32% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, penicillins or streptomycins medicaments imports rose to $X in 2022. Over the period under review, imports, however, continue to indicate a mild contraction. The most prominent rate of growth was recorded in 2017 when imports increased by 29%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons), distantly followed by France (X tons), Spain (X tons), Belgium (X tons), Slovenia (X tons), the Netherlands (X tons), Italy (X tons), Austria (X tons) and Poland (X tons) were the main importers of medicaments of penicillins, streptomycins or derivatives thereof, together constituting 82% of total imports.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of +13.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Austria ($X) and France ($X) constituted the countries with the highest levels of imports in 2022, together accounting for 44% of total imports.

Austria, with a CAGR of +14.6%, recorded 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

In 2022, the import price in the European Union amounted to $X per ton, waning by -9.8% against the previous year. Over the period under review, the import price showed a perceptible contraction. The pace of growth was the most pronounced in 2021 an increase of 21% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, 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 Austria ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+1.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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