Slovakia: Medicaments Containing Hormones Market 2024

Medicaments Containing Hormones Market Size in Slovakia

The Slovak medicaments containing hormones market shrank slightly to $X in 2022, with a decrease of X% against the previous year. Overall, consumption, however, continues to indicate strong growth. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Medicaments Containing Hormones Production in Slovakia

In value terms, medicaments containing hormones production shrank slightly to $X in 2022 estimated in export price. Overall, production, however, posted strong growth. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. Medicaments containing hormones production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Medicaments Containing Hormones Exports

Exports from Slovakia

In 2022, overseas shipments of medicaments containing hormones but not antibiotics decreased by X% to X kg for the first time since 2017, thus ending a four-year rising trend. Overall, exports showed a precipitous decline. The most prominent rate of growth was recorded in 2019 with an increase of X%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, medicaments containing hormones exports fell dramatically to $X in 2022. Over the period under review, exports faced a significant contraction. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Czech Republic (X kg), the Netherlands (X kg) and Germany (X kg) were the main destinations of medicaments containing hormones exports from Slovakia. Moreover, medicaments containing hormones exports in the Czech Republic exceeded the figures recorded by the second-largest exporter, the Netherlands, twofold.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while shipments for the other leaders experienced a decline.

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

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

Export Prices by Country

In 2022, the average medicaments containing hormones export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, 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 the Czech Republic (X%), while the prices for the other major destinations experienced a decline.

Medicaments Containing Hormones Imports

Imports into Slovakia

After two years of growth, overseas purchases of medicaments containing hormones but not antibiotics decreased by X% to X tons in 2022. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, medicaments containing hormones imports reduced dramatically to $X in 2022. Overall, imports, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Austria (X tons) constituted the largest medicaments containing hormones supplier to Slovakia, accounting for a X% share of total imports. Moreover, medicaments containing hormones imports from Austria exceeded the figures recorded by the second-largest supplier, Hungary (X kg), fourfold. The third position in this ranking was taken by Spain (X kg), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Austria amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (X% per year) and Spain (X% per year).

In value terms, the largest medicaments containing hormones suppliers to Slovakia were Austria ($X), Hungary ($X) and Spain ($X), with a combined X% share of total imports.

Austria, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers 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. Over the period under review, the import price continues to indicate a pronounced reduction. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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