Luxembourg: Market for Medicaments Of Alkaloids Or Derivatives Thereof 2022

Market Size for Medicaments Of Alkaloids Or Derivatives Thereof in Luxembourg

In 2019, the Luxembourg market for medicaments of alkaloids or derivatives thereof decreased by -X% to $X, falling for the sixth consecutive year after two years of growth. In general, consumption continues to indicate a significant contraction. As a result, consumption attained the peak level of $X. From 2014 to 2019, the growth of the market failed to regain momentum.

Production of Medicaments Of Alkaloids Or Derivatives Thereof in Luxembourg

In value terms, production of medicaments of alkaloids or derivatives thereof amounted to $X in 2019 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Production of peaked in 2019 and is expected to retain growth in the near future.

Exports of Medicaments Of Alkaloids Or Derivatives Thereof

Exports from Luxembourg

Exports of medicaments of alkaloids or derivatives thereof from Luxembourg skyrocketed to X tons in 2019, rising by X% compared with the previous year's figure. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. The exports peaked in 2019 and are likely to see gradual growth in the immediate term.

In value terms, exports of medicaments of alkaloids or derivatives thereof shrank to $X in 2019. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports reached the peak of $X. From 2014 to 2019, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for exports of medicaments of alkaloids or derivatives thereof from Luxembourg, accounting for a X% share of total exports. Moreover, exports of medicaments of alkaloids or derivatives thereof to the Netherlands exceeded the volume sent to the second major destination, Belgium (X tons), eightfold.

From 2012 to 2019, the average annual rate of growth in terms of volume to the Netherlands totaled +X%.

In value terms, Belgium ($X) and the Netherlands ($X) appeared to be the largest markets for medicaments of alkaloids or derivatives thereof exported from Luxembourg worldwide.

The Netherlands, 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.

Export Prices by Country

The average export price for medicaments of alkaloids or derivatives thereof stood at $X per ton in 2019, falling by -X% against the previous year. Overall, the export price continues to indicate a significant decrease. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2019, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Belgium ($X per ton), while the average price for exports to the Netherlands totaled $X per ton.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (-X%).

Imports of Medicaments Of Alkaloids Or Derivatives Thereof

Imports into Luxembourg

For the third consecutive year, Luxembourg recorded decline in overseas purchases of medicaments of alkaloids or derivatives thereof, which decreased by -X% to X tons in 2019. In general, imports showed a significant contraction. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2019, imports remained at a lower figure.

In value terms, imports of medicaments of alkaloids or derivatives thereof reduced slightly to $X in 2019. Overall, imports recorded a abrupt slump. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2019, imports failed to regain momentum.

Imports by Country

In 2019, Germany (X tons) constituted the largest supplier of medicaments of alkaloids or derivatives thereof to Luxembourg, accounting for a X% share of total imports. Moreover, imports of medicaments of alkaloids or derivatives thereof from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), threefold.

From 2012 to 2019, the average annual rate of growth in terms of volume from Germany amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and the United States (-X% per year).

In value terms, Germany ($X) constituted the largest supplier of medicaments of alkaloids or derivatives thereof to Luxembourg, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with a X% share of total imports.

From 2012 to 2019, the average annual growth rate of value from Germany amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and the United States (+X% per year).

Import Prices by Country

The average import price for medicaments of alkaloids or derivatives thereof stood at $X per ton in 2019, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, posted prominent growth. The growth pace was the most rapid in 2013 when the average import price increased by X%. The import price peaked at $X per ton in 2015; however, from 2016 to 2019, import prices remained at a lower figure.

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

From 2012 to 2019, 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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