Hungary: Market for Medicaments Of Other Antibiotics 2022

Market Size for Medicaments Of Other Antibiotics in Hungary

In 2021, the Hungarian medicaments of other antibiotics market increased by X% to $X, rising for the third consecutive year after two years of decline. In general, consumption, however, saw a relatively flat trend pattern. Medicaments of other antibiotics consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Medicaments Of Other Antibiotics in Hungary

In value terms, medicaments of other antibiotics production totaled $X in 2021 estimated in export price. Over the period under review, production saw a abrupt slump. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Exports of Medicaments Of Other Antibiotics

Exports from Hungary

In 2021, overseas shipments of medicaments of other antibiotics decreased by -X% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, exports continue to indicate a abrupt decline. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, medicaments of other antibiotics exports contracted dramatically to $X in 2021. Overall, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Romania (X tons) was the main destination for medicaments of other antibiotics exports from Hungary, accounting for a X% share of total exports. Moreover, medicaments of other antibiotics exports to Romania exceeded the volume sent to the second major destination, Germany (X tons), fourfold. Italy (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Romania stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and Italy (-X% per year).

In value terms, the largest markets for medicaments of other antibiotics exported from Hungary were Ukraine ($X), Slovakia ($X) and Romania ($X), together accounting for X% of total exports. Croatia, Slovenia, Italy, the United States, Germany, France, Poland, Lithuania, Bulgaria and the Netherlands lagged somewhat behind, together accounting for a further X United States, with a CAGR of +X%, recorded 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

The average medicaments of other antibiotics export price stood at $X per ton in 2021, surging by X% against the previous year. Over the period under review, the export price, however, showed a perceptible decrease. The growth pace was the most rapid in 2018 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Romania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Medicaments Of Other Antibiotics

Imports into Hungary

In 2021, approx. X tons of medicaments of other antibiotics were imported into Hungary; which is down by -X% on 2020 figures. Over the period under review, imports showed a pronounced setback. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, medicaments of other antibiotics imports dropped to $X in 2021. In general, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Italy (X tons), Spain (X tons) and Germany (X tons) were the main suppliers of medicaments of other antibiotics imports to Hungary, with a combined X% share of total imports. The Netherlands, Belgium, France and Romania lagged somewhat behind, together comprising a further X 2012 to 2021, the biggest increases were in Romania (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest medicaments of other antibiotics suppliers to Hungary were Italy ($X), Belgium ($X) and France ($X), together accounting for X% of total imports. These countries were followed by the Netherlands, Germany, Romania and Spain, which together accounted for a further X, with a CAGR of +X%, recorded 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 medicaments of other antibiotics import price amounted to $X per ton, surging by X% against the previous year. In general, the import price, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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