Slovenia: Market for Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof 2024

Market Size for Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof in Slovenia

The Slovene penicillins or streptomycins medicaments market surged to $X in 2022, increasing by 90% against the previous year. Overall, consumption enjoyed significant growth. Penicillins or streptomycins medicaments consumption peaked in 2022 and is likely to see steady growth in the near future.

Production of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof in Slovenia

In value terms, penicillins or streptomycins medicaments production fell slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 25%. Penicillins or streptomycins medicaments production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Exports from Slovenia

In 2022, shipments abroad of medicaments of penicillins, streptomycins or derivatives thereof decreased by -17% to X tons, falling for the fourth consecutive year after two years of growth. The total export volume increased at an average annual rate of +1.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 17%. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, penicillins or streptomycins medicaments exports contracted markedly to $X in 2022. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 21% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons), Russia (X tons) and Kazakhstan (X tons) were the main destinations of penicillins or streptomycins medicaments exports from Slovenia, together accounting for 27% of total exports. France, Uzbekistan, Poland, the United States, Brazil, Switzerland, Ghana, Croatia, Vietnam and Belarus lagged somewhat behind, together comprising a further 37%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +26.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Saudi Arabia ($X) and France ($X) appeared to be the largest markets for penicillins or streptomycins medicaments exported from Slovenia worldwide, with a combined 27% share of total exports.

France, with a CAGR of +29.5%, recorded the highest rates of growth with regard to the value of exports, among 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 2022, the average penicillins or streptomycins medicaments export price amounted to $X per ton, waning by -12.8% against the previous year. Overall, the export price showed a perceptible decline. The growth pace was the most rapid in 2017 when the average export price increased by 17%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($X per ton), while the average price for exports to Brazil ($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 France (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Imports into Slovenia

In 2022, approx. X tons of medicaments of penicillins, streptomycins or derivatives thereof were imported into Slovenia; increasing by 7.7% on the previous year's figure. In general, imports enjoyed a resilient expansion. The pace of growth was the most pronounced in 2018 when imports increased by 158%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, penicillins or streptomycins medicaments imports shrank to $X in 2022. Over the period under review, imports recorded a remarkable increase. The pace of growth appeared the most rapid in 2018 with an increase of 101% against the previous year. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Austria (X tons) constituted the largest penicillins or streptomycins medicaments supplier to Slovenia, accounting for a 85% share of total imports. Moreover, penicillins or streptomycins medicaments imports from Austria exceeded the figures recorded by the second-largest supplier, India (X tons), more than tenfold. The United States (X tons) ranked third in terms of total imports with a 4.9% share.

From 2012 to 2022, the average annual growth rate of volume from Austria amounted to +12.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+65.3% per year) and the United States (+17.4% per year).

In value terms, Austria ($X) constituted the largest supplier of medicaments of penicillins, streptomycins or derivatives thereof to Slovenia, comprising 75% of total imports. The second position in the ranking was held by India ($X), with a 7.6% share of total imports. It was followed by Italy, with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Austria totaled +14.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+39.8% per year) and Italy (+12.0% per year).

Import Prices by Country

The average penicillins or streptomycins medicaments import price stood at $X per ton in 2022, dropping by -20.2% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 41%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform