Report Update Nov 1, 2024

Finland - Antibiotics - Market Analysis, Forecast, Size, Trends and Insights

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Finland: Antibiotic Market 2024

Antibiotic Market Size in Finland

The Finnish antibiotic market reduced remarkably to $X in 2021, which is down by -17.9% against the previous year. In general, consumption saw a deep contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Antibiotic Production in Finland

In value terms, antibiotic production amounted to $X in 2021 estimated in export price. Overall, production, however, saw a abrupt decline. Antibiotic production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Antibiotic Exports

Exports from Finland

In 2021, shipments abroad of antibiotics decreased by -72.7% to X kg, falling for the second year in a row after three years of growth. In general, exports saw a sharp shrinkage. The pace of growth was the most pronounced in 2019 when exports increased by 234% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, antibiotic exports declined notably to $X in 2021. Overall, exports saw a sharp curtailment. The growth pace was the most rapid in 2019 when exports increased by 208% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Spain (X kg) was the main destination for antibiotic exports from Finland, accounting for a 14% share of total exports. Moreover, antibiotic exports to Spain exceeded the volume sent to the second major destination, India (X kg), threefold.

From 2012 to 2021, the average annual growth rate of volume to Spain amounted to +14.7%.

In value terms, Spain ($X) emerged as the key foreign market for antibiotics exports from Finland, comprising 98% of total exports. The second position in the ranking was held by India ($X), with a 2.4% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Spain amounted to +69.2%.

Export Prices by Country

The average antibiotic export price stood at $X per ton in 2021, with a decrease of -40.9% against the previous year. In general, the export price, however, saw a temperate expansion. The growth pace was the most rapid in 2020 when the average export price increased by 181%. As a result, the export price reached the peak level of $X per ton, and then reduced rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to India totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+34.5%), while the prices for the other major destinations experienced mixed trend patterns.

Antibiotic Imports

Imports into Finland

In 2021, antibiotic imports into Finland declined dramatically to X tons, shrinking by -48.3% on 2020. Over the period under review, imports showed a deep slump. The most prominent rate of growth was recorded in 2020 when imports increased by 330%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, antibiotic imports dropped remarkably to $X in 2021. Overall, imports continue to indicate a pronounced decline. The most prominent rate of growth was recorded in 2018 when imports increased by 140% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest antibiotic supplier to Finland, accounting for a 65% share of total imports. Moreover, antibiotic imports from China exceeded the figures recorded by the second-largest supplier, Sweden (X kg), sevenfold. The third position in this ranking was taken by Germany (X kg), with a 7.9% share.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+10.5% per year) and Germany (-4.9% per year).

In value terms, Sweden ($X), Germany ($X) and China ($X) were the largest antibiotic suppliers to Finland, together comprising 65% of total imports.

Sweden, with a CAGR of +26.6%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average antibiotic import price amounted to $X per ton, falling by -33.5% against the previous year. Overall, the import price, however, recorded a strong increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 545% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+36.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for antibiotics in the world?

China remains the largest antibiotic consuming country worldwide, accounting for 23% of total volume. Moreover, antibiotic consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 9% share.

What are the largest producers of antibiotics in the world?

China remains the largest antibiotic producing country worldwide, comprising approx. 61% of total volume. Moreover, antibiotic production in China exceeded the figures recorded by the second-largest producer, the United States, eightfold. The third position in this ranking was occupied by Switzerland, with a 4.1% share.

What are the leading suppliers of antibiotics to Finland?

In value terms, the largest antibiotic suppliers to Finland were Sweden, Germany and China, together comprising 65% of total imports.

What is the average export price for antibiotics in Finland?

The average antibiotic export price stood at $101,383 per ton in 2021, reducing by -35.1% against the previous year.

What is the average import price for antibiotics in Finland?

In 2021, the average antibiotic import price amounted to $177,560 per ton, reducing by -34.2% against the previous year.

This report provides an in-depth analysis of the antibiotic market in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 21105400 - Antibiotics

Country coverage:

Finland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Finland
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023