Romania: Market for Medicaments Of Other Antibiotics 2022

Market Size for Medicaments Of Other Antibiotics in Romania

In 2021, the Romanian medicaments of other antibiotics market increased by 45% to $X, rising for the second year in a row after three years of decline. The market value increased at an average annual rate of +2.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Production of Medicaments Of Other Antibiotics in Romania

In value terms, medicaments of other antibiotics production dropped modestly to $X in 2021 estimated in export price. In general, the total production indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.7% 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 +28.8% against 2016 indices. The pace of growth was the most pronounced in 2014 with an increase of 29%. Over the period under review, production reached the maximum level at $X in 2020, and then reduced modestly in the following year.

Exports of Medicaments Of Other Antibiotics

Exports from Romania

After four years of growth, shipments abroad of medicaments of other antibiotics decreased by -29.1% to X tons in 2021. Overall, total exports indicated moderate growth from 2012 to 2021: its volume increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by 41%. The exports peaked at X tons in 2020, and then dropped rapidly in the following year.

In value terms, medicaments of other antibiotics exports dropped rapidly to $X in 2021. The total export value increased at an average annual rate of +2.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 31%. Over the period under review, the exports reached the peak figure at $X in 2020, and then contracted markedly in the following year.

Exports by Country

The United States (X tons), Ukraine (X tons) and Slovenia (X tons) were the main destinations of medicaments of other antibiotics exports from Romania, together comprising 43% of total exports. The UK, Germany, Poland, France, Australia, Hungary, the Netherlands, the Dominican Republic, Bulgaria and Ecuador lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Dominican Republic (with a CAGR of +173.3%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Ukraine ($X) and Germany ($X) appeared to be the largest markets for medicaments of other antibiotics exported from Romania worldwide, with a combined 36% share of total exports. These countries were followed by Slovenia, France, Poland, Hungary, Australia, the UK, the Netherlands, Ecuador, Bulgaria and the Dominican Republic, which together accounted for a further 34%.

The Dominican Republic, with a CAGR of +117.1%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average medicaments of other antibiotics export price amounted to $X per ton, growing by 6.7% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 9% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was France ($X per ton), while the average price for exports to the Dominican Republic ($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 Ecuador (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Medicaments Of Other Antibiotics

Imports into Romania

In 2021, the amount of medicaments of other antibiotics imported into Romania reduced to X tons, shrinking by -13% compared with the previous year. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 40%. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, medicaments of other antibiotics imports soared to $X in 2021. In general, imports, however, saw a relatively flat trend pattern. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Italy (X tons), China (X tons) and the Netherlands (X tons) were the main suppliers of medicaments of other antibiotics imports to Romania, together comprising 46% of total imports. These countries were followed by Slovenia, Spain, Germany, Poland, Hungary, France, Belgium, Cyprus, Austria and the UK, which together accounted for a further 43%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +59.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest medicaments of other antibiotics suppliers to Romania were Italy ($X), Belgium ($X) and France ($X), with a combined 49% share of total imports. These countries were followed by Hungary, Germany, Slovenia, Poland, the Netherlands, Cyprus, Spain, China, Austria and the UK, which together accounted for a further 36%.

In terms of the main suppliers, Poland, with a CAGR of +62.3%, recorded the highest growth rate of 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 of other antibiotics import price stood at $X per ton in 2021, jumping by 33% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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