Portugal: Medicaments Containing Hormones Market 2024

Medicaments Containing Hormones Market Size in Portugal

The Portuguese medicaments containing hormones market fell to $X in 2022, which is down by X% against the previous year. In general, the total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Medicaments containing hormones consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Medicaments Containing Hormones Production in Portugal

In value terms, medicaments containing hormones production reached $X in 2022 estimated in export price. Over the period under review, production, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Over the period under review, production attained the peak level in 2022 and is expected to retain growth in the immediate term.

Medicaments Containing Hormones Exports

Exports from Portugal

In 2022, overseas shipments of medicaments containing hormones but not antibiotics decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The exports peaked at X tons in 2021, and then shrank in the following year.

In value terms, medicaments containing hormones exports declined modestly to $X in 2022. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

The United States (X tons) was the main destination for medicaments containing hormones exports from Portugal, with a X% share of total exports. Moreover, medicaments containing hormones exports to the United States exceeded the volume sent to the second major destination, Switzerland (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled X%.

In value terms, the United States ($X) remains the key foreign market for medicaments containing hormones but not antibiotics exports from Portugal, comprising X% of total exports. The second position in the ranking was held by Switzerland ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to X%.

Export Prices by Country

The average medicaments containing hormones export price stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price posted a prominent expansion. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Switzerland totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Medicaments Containing Hormones Imports

Imports into Portugal

Medicaments containing hormones imports into Portugal fell markedly to X tons in 2022, declining by X% on 2021. Over the period under review, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, medicaments containing hormones imports dropped significantly to $X in 2022. Overall, imports, however, continue to indicate a slight expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then declined dramatically in the following year.

Imports by Country

In 2022, Belgium (X tons) constituted the largest medicaments containing hormones supplier to Portugal, with a X% share of total imports. Moreover, medicaments containing hormones imports from Belgium exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. The third position in this ranking was taken by South Africa (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and South Africa (X% per year).

In value terms, the largest medicaments containing hormones suppliers to Portugal were Belgium ($X), South Africa ($X) and Italy ($X), with a combined X% share of total imports. The Netherlands and Spain lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, the Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average medicaments containing hormones import price stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the import price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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