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

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

The Swedish penicillins or streptomycins medicaments market fell slightly to $X in 2022, with a decrease of -3.3% against the previous year. Overall, consumption, however, recorded a remarkable increase. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

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

In value terms, penicillins or streptomycins medicaments production fell to $X in 2022 estimated in export price. Overall, production, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by 117%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Exports from Sweden

For the fourth consecutive year, Sweden recorded growth in shipments abroad of medicaments of penicillins, streptomycins or derivatives thereof, which increased by 0.5% to X tons in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 21%. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, penicillins or streptomycins medicaments exports declined remarkably to $X in 2022. Overall, total exports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -20.5% against 2020 indices. The most prominent rate of growth was recorded in 2019 with an increase of 39% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons), Denmark (X tons) and France (X tons) were the main destinations of penicillins or streptomycins medicaments exports from Sweden, with a combined 82% share of total exports. The United States, Austria, Norway and Greece lagged somewhat behind, together comprising a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +57.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for penicillins or streptomycins medicaments exported from Sweden were Denmark ($X), France ($X) and the United States ($X), together comprising 68% of total exports.

In terms of the main countries of destination, the United States, with a CAGR of +76.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average penicillins or streptomycins medicaments export price stood at $X per ton in 2022, falling by -18.8% against the previous year. Over the period under review, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, penicillins or streptomycins medicaments export price decreased by -29.1% against 2020 indices. The most prominent rate of growth was recorded in 2019 an increase of 37%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to the Netherlands ($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 Austria (+20.6%), 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 Sweden

Penicillins or streptomycins medicaments imports into Sweden soared to X tons in 2022, jumping by 44% compared with 2021. Overall, imports posted a buoyant increase. The growth pace was the most rapid in 2020 when imports increased by 135%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, penicillins or streptomycins medicaments imports soared to $X in 2022. In general, total imports indicated slight growth from 2012 to 2022: its value increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 50% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Denmark (X tons), Portugal (X tons) and the Netherlands (X tons) were the main suppliers of penicillins or streptomycins medicaments imports to Sweden, together accounting for 78% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of +60.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest penicillins or streptomycins medicaments suppliers to Sweden were Denmark ($X), Portugal ($X) and Finland ($X), with a combined 63% share of total imports.

Portugal, with a CAGR of +63.9%, 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

In 2022, the average penicillins or streptomycins medicaments import price amounted to $X per ton, remaining stable against the previous year. Overall, the import price saw a abrupt descent. The most prominent rate of growth was recorded in 2017 when the average import price increased by 42%. The import price peaked at $X per ton in 2018; however, from 2019 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 Finland ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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