Report Update Nov 1, 2024

Luxembourg - Vaccines for Human Medicine - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Vaccine Market 2024

Vaccine Market Size in Luxembourg

The Luxembourg vaccine market dropped rapidly to $X in 2022, reducing by -29.2% 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). Over the period under review, consumption, however, recorded a resilient expansion. Over the period under review, the market reached the peak level at $X in 2021, and then shrank remarkably in the following year.

Vaccine Exports

Exports from Luxembourg

In 2022, shipments abroad of vaccines for human medicine decreased by -44.5% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 817%. As a result, the exports attained the peak of X tons, and then contracted markedly in the following year.

In value terms, vaccine exports dropped rapidly to $X in 2022. In general, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 685% against the previous year. As a result, the exports attained the peak of $X, and then fell rapidly in the following year.

Exports by Country

Oman (X tons) was the main destination for vaccine exports from Luxembourg, accounting for a 100% share of total exports. It was followed by Belgium (X kg), with a 0.3% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Oman totaled +149.1%.

In value terms, Oman ($X) remains the key foreign market for vaccines for human medicine exports from Luxembourg, comprising 100% of total exports. The second position in the ranking was taken by Belgium ($X), with a 0.3% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Oman totaled +131.3%.

Export Prices by Country

In 2022, the average vaccine export price amounted to $X per ton, surging by 1.6% against the previous year. In general, the export price, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2013 an increase of 81% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to Belgium totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (-5.0%).

Vaccine Imports

Imports into Luxembourg

Vaccine imports into Luxembourg reduced rapidly to X tons in 2022, waning by -31.4% against the previous year. Over the period under review, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 169% against the previous year. As a result, imports reached the peak of X tons, and then reduced dramatically in the following year.

In value terms, vaccine imports reduced rapidly to $X in 2022. In general, imports, however, saw a prominent increase. The pace of growth was the most pronounced in 2017 when imports increased by 219%. Imports peaked at $X in 2021, and then declined significantly in the following year.

Imports by Country

In 2022, Belgium (X tons) was the main vaccine supplier to Luxembourg, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Belgium stood at +7.6%.

In value terms, Belgium ($X) constituted the largest supplier of vaccines for human medicine to Luxembourg.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium totaled +12.6%.

Import Prices by Country

In 2022, the average vaccine import price amounted to $X per kg, remaining constant against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vaccine import price decreased by -0.3% against 2020 indices. The growth pace was the most rapid in 2013 an increase of 40% against the previous year. Over the period under review, average import prices hit record highs at $X per kg in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Belgium.

From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +4.7% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for vaccines for human medicine in the world?

The countries with the highest volumes of vaccines consumption in 2020 were China, the United States and Japan, together accounting for 44% of global consumption. India, Germany, Russia, Nigeria, Indonesia, the Netherlands, Mexico, France, Pakistan and Canada lagged somewhat behind, together accounting for a further 32%.

What are the largest producers of vaccines for human medicine in the world?

The countries with the highest volumes of vaccines production in 2020 were Ireland, China and the United States, together comprising 46% of global production.

What are the leading suppliers of vaccines for human medicine to Luxembourg?

In value terms, Belgium constituted the largest supplier of vaccines to Luxembourg.

What are the leading importers of vaccines for human medicine from Luxembourg?

In value terms, Belgium $796) remains the key foreign market for vaccines exports from Luxembourg, comprising 76% of total exports. The second position in the ranking was occupied by Germany $259), with a 25% share of total exports.

What is the average export price for vaccines for human medicine in Luxembourg?

The average vaccines export price stood at $351 per kg in 2020, increasing by 94% against the previous year.

What is the average import price for vaccines for human medicine in Luxembourg?

The average vaccines import price stood at $623,173 per ton in 2020, growing by 51% against the previous year.

This report provides an in-depth analysis of the vaccine market in Luxembourg. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 21202140 -
Prodcom 21202145 - Vaccines for human medicine

Country coverage:

Luxembourg

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Luxembourg
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023