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

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

The Europe penicillins or streptomycins medicaments market expanded remarkably to $X in 2022, growing by 5.8% against the previous year. The market value increased at an average annual rate of +3.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Europe

In value terms, penicillins or streptomycins medicaments production soared to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.1% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. 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 Europe

In 2022, shipments abroad of medicaments of penicillins, streptomycins or derivatives thereof was finally on the rise to reach X tons for the first time since 2016, thus ending a five-year declining trend. Overall, exports, however, saw a noticeable shrinkage. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, penicillins or streptomycins medicaments exports dropped to $X in 2022. In general, exports, however, showed a noticeable setback. The pace of growth was the most pronounced in 2017 when exports increased by 12%. Over the period under review, the exports hit record highs 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 39% of total exports in 2022. Malta (X tons) held the next position in the ranking, followed by Slovenia (X tons), France (X tons), Portugal (X tons), the UK (X tons) and Belgium (X tons). All these countries together held near 38% share of total exports. Spain (X tons), the Netherlands (X tons), Germany (X tons) and Russia (X tons) took a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Malta (with a CAGR of +80.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest penicillins or streptomycins medicaments supplying countries in Europe were Austria ($X), Italy ($X) and the UK ($X), together accounting for 48% of total exports. France, Slovenia, Belgium, Portugal, Malta, the Netherlands, Germany, Spain and Russia lagged somewhat behind, together accounting for a further 44%.

Among the main exporting countries, Malta, with a CAGR of +67.0%, saw the highest growth rate of 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 Europe stood at $X per ton in 2022, declining by -11.1% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the export price increased by 17%. Over the period under review, the export prices hit record highs at $X per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the UK ($X per ton), while Russia ($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 Europe

Penicillins or streptomycins medicaments imports rose remarkably to X tons in 2022, growing by 15% compared with 2021. The total import volume increased at an average annual rate of +2.0% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of 19% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, penicillins or streptomycins medicaments imports reached $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 23% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons), followed by the UK (X tons), Russia (X tons), France (X tons), Spain (X tons), Belgium (X tons), Slovenia (X tons) and the Netherlands (X tons) were the largest importers of medicaments of penicillins, streptomycins or derivatives thereof, together generating 67% of total imports. Italy (X tons), Austria (X tons), Poland (X tons), Faroe Islands (X tons) and Romania (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Faroe Islands (with a CAGR of +20.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest penicillins or streptomycins medicaments importing markets in Europe were Germany ($X), Austria ($X) and France ($X), together accounting for 34% of total imports. Russia, Belgium, Italy, the UK, Poland, Spain, Slovenia, the Netherlands, Faroe Islands and Romania lagged somewhat behind, together comprising a further 46%.

Faroe Islands, with a CAGR of +17.8%, saw the highest growth rate of the value of imports, among 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 Europe amounted to $X per ton, falling by -7.4% against the previous year. In general, the import price recorded a perceptible reduction. The most prominent rate of growth was recorded in 2021 when the import price increased by 14% against the previous year. Over the period under review, import prices attained 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