Report Update Nov 1, 2024

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

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Romania: Vaccine Market 2024

Vaccine Market Size in Romania

In 2022, the Romanian vaccine market decreased by -38.8% to $X for the first time since 2018, thus ending a three-year rising trend. In general, consumption, however, showed a buoyant expansion. As a result, consumption reached the peak level of $X, and then dropped markedly in the following year.

Vaccine Exports

Exports from Romania

Vaccine exports from Romania fell modestly to X tons in 2022, waning by -2.3% on the year before. Overall, exports showed a noticeable shrinkage. The pace of growth was the most pronounced in 2013 with an increase of 538% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, vaccine exports shrank to $X in 2022. Over the period under review, exports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of 473% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X kg) was the main destination for vaccine exports from Romania, accounting for a 63% share of total exports. Moreover, vaccine exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X kg), twofold.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at -7.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+58.0% per year) and the Czech Republic (-11.6% per year).

In value terms, Germany ($X) remains the key foreign market for vaccines for human medicine exports from Romania, comprising 67% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 20% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +3.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+71.8% per year) and the Czech Republic (+1.3% per year).

Export Prices by Country

In 2022, the average vaccine export price amounted to $X per ton, waning by -3.4% against the previous year. Overall, the export price, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 317%. The export price peaked at $X per ton in 2021, and then contracted slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+145.9%), while the prices for the other major destinations experienced more modest paces of growth.

Vaccine Imports

Imports into Romania

After three years of growth, supplies from abroad of vaccines for human medicine decreased by -32.6% to X tons in 2022. Over the period under review, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 173%. As a result, imports attained the peak of X tons, and then shrank rapidly in the following year.

In value terms, vaccine imports shrank dramatically to $X in 2022. In general, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 481% against the previous year. As a result, imports attained the peak of $X, and then fell markedly in the following year.

Imports by Country

France (X tons), Belgium (X tons) and Hungary (X tons) were the main suppliers of vaccine imports to Romania, together comprising 93% of total imports. Switzerland and South Korea lagged somewhat behind, together comprising a further 6.4%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (with a CAGR of +46.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest vaccine suppliers to Romania were Belgium ($X), France ($X) and Switzerland ($X), together accounting for 94% of total imports.

In terms of the main suppliers, Switzerland, with a CAGR of +70.8%, recorded 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 vaccine import price stood at $X per kg in 2022, shrinking by -13.1% against the previous year. Overall, the import price, however, showed a strong increase. The growth pace was the most rapid in 2021 when the average import price increased by 113%. As a result, import price attained the peak level of $X per kg, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per kg), while the price for South Korea ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+28.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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 in 2021 were Pakistan, Japan and the Philippines, together accounting for 32% of global consumption. The United States, Indonesia, Spain, China, France, Greece, Brazil, the Netherlands, Turkey and the UK lagged somewhat behind, together comprising a further 35%.

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

The countries with the highest volumes of in 2021 were the United States, Belgium and France, together accounting for 56% of global production. Germany, China, Japan and India lagged somewhat behind, together accounting for a further 32%.

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

In value terms, Germany constituted the largest supplier of vaccines to Romania, comprising 83% of total imports. The second position in the ranking was occupied by France, with a 5.9% share of total imports. It was followed by Hungary, with a 4.5% share.

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

In value terms, South Korea emerged as the key foreign market for vaccines exports from Romania, comprising 90% of total exports. The second position in the ranking was occupied by Poland, with a 7.4% share of total exports. It was followed by Germany, with a 1.4% share.

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

In 2021, the average vaccines export price amounted to $3,972 per kg, surging by 392% against the previous year.

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

In 2021, the average vaccines import price amounted to $937,683 per ton, with an increase of 4.3% against the previous year.

This report provides an in-depth analysis of the vaccine market in Romania. 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:

Romania

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Romania
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