Luxembourg: Market for Medicaments Of Other Antibiotics 2022

Market Size for Medicaments Of Other Antibiotics in Luxembourg

In 2021, the Luxembourg medicaments of other antibiotics market increased by X% to $X, rising for the second consecutive year after three years of decline. In general, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Medicaments Of Other Antibiotics in Luxembourg

In value terms, medicaments of other antibiotics production fell to $X in 2021 estimated in export price. In general, the total production indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2019 indices. The growth pace was the most rapid in 2016 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Exports of Medicaments Of Other Antibiotics

Exports from Luxembourg

In 2021, shipments abroad of medicaments of other antibiotics increased by X% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, medicaments of other antibiotics exports soared to $X in 2021. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Belgium (X tons) was the main destination for medicaments of other antibiotics exports from Luxembourg, with a X% share of total exports. Moreover, medicaments of other antibiotics exports to Belgium exceeded the volume sent to the second major destination, Germany (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Belgium stood at +X%.

In value terms, Belgium ($X) remains the key foreign market for medicaments of other antibiotics exports from Luxembourg, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Belgium amounted to +X%.

Export Prices by Country

In 2021, the average medicaments of other antibiotics export price amounted to $X per ton, growing by X% against the previous year. Overall, the export price, however, saw a noticeable descent. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Belgium totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (-X%).

Imports of Medicaments Of Other Antibiotics

Imports into Luxembourg

Medicaments of other antibiotics imports into Luxembourg soared to X tons in 2021, growing by X% compared with the previous year's figure. In general, imports posted a modest increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, medicaments of other antibiotics imports surged to $X in 2021. Overall, imports, however, recorded a mild decline. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Belgium (X tons) constituted the largest medicaments of other antibiotics supplier to Luxembourg, with a X% share of total imports. Moreover, medicaments of other antibiotics imports from Belgium exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Germany (+X% per year).

In value terms, Belgium ($X) constituted the largest supplier of medicaments of other antibiotics to Luxembourg, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Belgium stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Germany (-X% per year).

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. Overall, the import price, however, continues to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was Belgium ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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