Germany: Market for Other Medicaments For Therapeutic Or Prophylactic Uses 2024

Market Size for Other Medicaments For Therapeutic Or Prophylactic Uses in Germany

The German market for other medicaments for therapeutic or prophylactic uses soared to $X in 2022, rising by X% against the previous year. Overall, consumption posted a buoyant increase. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the near future.

Production of Other Medicaments For Therapeutic Or Prophylactic Uses in Germany

In value terms, production of other medicaments for therapeutic or prophylactic uses amounted to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Production of peaked at $X in 2020; afterwards, it flattened through to 2022.

Exports of Other Medicaments For Therapeutic Or Prophylactic Uses

Exports from Germany

Exports of other medicaments for therapeutic or prophylactic uses from Germany skyrocketed to X tons in 2022, picking up by X% against 2021. In general, exports posted modest growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of other medicaments for therapeutic or prophylactic uses declined to $X in 2022. Over the period under review, exports recorded a pronounced increase. The pace of growth was the most pronounced in 2017 when exports increased by X%. Over the period under review, the exports of hit record highs at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Belgium (X tons), Brazil (X tons) and China (X tons) were the main destinations of exports of other medicaments for therapeutic or prophylactic uses from Germany, with a combined X% share of total exports. The Netherlands, France, Switzerland, Turkey, Italy, the United States, Ireland, Australia, Spain and Egypt lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for other medicaments for therapeutic or prophylactic uses exported from Germany were Ireland ($X), China ($X) and the Netherlands ($X), together comprising X% of total exports.

Ireland, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for other medicaments for therapeutic or prophylactic uses amounted to $X per ton, declining by X% against the previous year. In general, the export price, however, posted a modest expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Other Medicaments For Therapeutic Or Prophylactic Uses

Imports into Germany

In 2022, the amount of other medicaments for therapeutic or prophylactic uses imported into Germany skyrocketed to X tons, jumping by X% on 2021. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of other medicaments for therapeutic or prophylactic uses surged to $X in 2022. In general, imports recorded a prominent expansion. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Belgium (X tons) was the main supplier of other medicaments for therapeutic or prophylactic uses to Germany, with a X% share of total imports. Moreover, imports of other medicaments for therapeutic or prophylactic uses from Belgium exceeded the figures recorded by the second-largest supplier, India (X tons), more than tenfold. The third position in this ranking was taken by Switzerland (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Switzerland (X% per year).

In value terms, the United States ($X) constituted the largest supplier of other medicaments for therapeutic or prophylactic uses to Germany, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with a X% share of total imports. It was followed by Switzerland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Switzerland (X% per year).

Import Prices by Country

The average import price for other medicaments for therapeutic or prophylactic uses stood at $X per ton in 2022, waning by X% against the previous year. Overall, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2014 an increase of X%. The import price peaked at $X per ton in 2021, and then dropped remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X,166 per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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