Finland: Market for Medicaments Of Alkaloids Or Derivatives Thereof 2022

Market Size for Medicaments Of Alkaloids Or Derivatives Thereof in Finland

The Finnish market for medicaments of alkaloids or derivatives thereof dropped remarkably to $X in 2019, waning by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a noticeable reduction. Over the period under review, the market hit record highs at $X in 2018, and then reduced rapidly in the following year.

Exports of Medicaments Of Alkaloids Or Derivatives Thereof

Exports from Finland

In 2019, overseas shipments of medicaments of alkaloids or derivatives thereof decreased by -X% to X kg, falling for the sixth year in a row after two years of growth. Overall, exports showed a precipitous setback. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2019, the growth of the exports of remained at a lower figure.

In value terms, exports of medicaments of alkaloids or derivatives thereof shrank sharply to $X in 2019. In general, exports faced a sharp curtailment. The smallest decline of -X% was in 2018. The exports peaked at $X in 2012; however, from 2013 to 2019, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X kg) was the main destination for exports of medicaments of alkaloids or derivatives thereof from Finland, with a X% share of total exports. Moreover, exports of medicaments of alkaloids or derivatives thereof to Russia exceeded the volume sent to the second major destination, Malaysia (X kg), fourfold. Estonia (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2019, the average annual growth rate of volume to Russia stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (-X% per year) and Estonia (-X% per year).

In value terms, the largest markets for medicaments of alkaloids or derivatives thereof exported from Finland were Russia ($X), Malaysia ($X) and Sweden ($X), with a combined X% share of total exports. These countries were followed by Ukraine, Estonia, Egypt and Belarus, which together accounted for a further X, with a CAGR of -X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2019, the average export price for medicaments of alkaloids or derivatives thereof amounted to $X per ton, declining by -X% against the previous year. Overall, the export price recorded a abrupt contraction. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2019, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was Sweden ($X per ton), while the average price for exports to Estonia ($X per ton) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Medicaments Of Alkaloids Or Derivatives Thereof

Imports into Finland

After five years of growth, supplies from abroad of medicaments of alkaloids or derivatives thereof decreased by -X% to X tons in 2019. In general, imports, however, saw strong growth. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, imports of attained the peak figure at X tons in 2018, and then fell in the following year.

In value terms, imports of medicaments of alkaloids or derivatives thereof skyrocketed to $X in 2019. Overall, total imports indicated a noticeable increase from 2012 to 2019: its value increased at an average annual rate of +X% over the last seven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports of reached the peak figure in 2019 and are likely to see steady growth in the near future.

Imports by Country

India (X tons), Germany (X tons) and the UK (X tons) were the main suppliers of imports of medicaments of alkaloids or derivatives thereof to Finland, together comprising X% of total imports. These countries were followed by Sweden and France, which together accounted for a further X 2012 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest medicaments of alkaloids or derivatives thereof suppliers to Finland were the UK ($X), India ($X) and Germany ($X), together accounting for X% of total imports.

India, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 2019, the average import price for medicaments of alkaloids or derivatives thereof amounted to $X per ton, rising by X% against the previous year. In general, the import price, however, showed a deep slump. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2019, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was the UK ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by India (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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