Netherlands: Market for Medicaments Containing Corticosteroid Hormones 2024

Market Size for Medicaments Containing Corticosteroid Hormones in the Netherlands

In 2021, after three years of growth, there was significant decline in the Dutch medicaments containing corticosteroid hormones market, when its value decreased by -71% to $X. Overall, consumption, however, showed a prominent increase. As a result, consumption reached the peak level of $X, and then contracted sharply in the following year.

Production of Medicaments Containing Corticosteroid Hormones in the Netherlands

In value terms, medicaments containing corticosteroid hormones production totaled $X in 2021 estimated in export price. Over the period under review, production saw a mild setback. The pace of growth was the most pronounced in 2015 with an increase of 134%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Medicaments Containing Corticosteroid Hormones

Exports from the Netherlands

For the fourth consecutive year, the Netherlands recorded growth in shipments abroad of medicaments containing corticosteroid hormones, which increased by 39% to X tons in 2021. Over the period under review, exports saw a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, medicaments containing corticosteroid hormones exports surged to $X in 2021. Overall, exports saw a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of 84% against the previous year. The exports peaked in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), France (X tons) and Denmark (X tons) were the main destinations of medicaments containing corticosteroid hormones exports from the Netherlands, together comprising 31% of total exports.

From 2012 to 2021, the biggest increases were recorded for Denmark (with a CAGR of +41.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X) remains the key foreign market for medicaments containing corticosteroid hormones exports from the Netherlands, comprising 35% of total exports. The second position in the ranking was held by China ($X), with a 14% share of total exports. It was followed by Germany, with a 7.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Switzerland stood at +74.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+22.7% per year) and Germany (+23.0% per year).

Export Prices by Country

The average medicaments containing corticosteroid hormones export price stood at $X per ton in 2021, dropping by -16% against the previous year. Over the period under review, the export price, however, saw strong growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 68%. The export price peaked at $X per ton in 2020, and then contracted significantly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Denmark ($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 Switzerland (+34.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Medicaments Containing Corticosteroid Hormones

Imports into the Netherlands

Medicaments containing corticosteroid hormones imports into the Netherlands dropped sharply to X tons in 2021, with a decrease of -42.5% on the year before. In general, imports, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 433%. As a result, imports reached the peak of X tons, and then contracted remarkably in the following year.

In value terms, medicaments containing corticosteroid hormones imports surged to $X in 2021. Over the period under review, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 73% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

In 2021, Ireland (X tons) constituted the largest supplier of medicaments containing corticosteroid hormones to the Netherlands, with a 29% share of total imports. Moreover, medicaments containing corticosteroid hormones imports from Ireland exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. Italy (X tons) ranked third in terms of total imports with a 9.9% share.

From 2012 to 2021, the average annual growth rate of volume from Ireland amounted to +116.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+48.6% per year) and Italy (+14.8% per year).

In value terms, Switzerland ($X) constituted the largest supplier of medicaments containing corticosteroid hormones to the Netherlands, comprising 46% of total imports. The second position in the ranking was taken by Ireland ($X), with a 15% share of total imports. It was followed by Germany, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Switzerland amounted to +8.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (+113.7% per year) and Germany (+54.6% per year).

Import Prices by Country

In 2021, the average medicaments containing corticosteroid hormones import price amounted to $X per ton, increasing by 119% against the previous year. Overall, the import price, however, continues to indicate a perceptible descent. Over the period under review, average import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Switzerland ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+18.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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