Switzerland: Medicaments Containing Hormones Market 2024

Medicaments Containing Hormones Market Size in Switzerland

The Swiss medicaments containing hormones market fell modestly to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption, however, enjoyed a resilient increase. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Medicaments Containing Hormones Production in Switzerland

In value terms, medicaments containing hormones production reduced modestly to $X in 2022 estimated in export price. Overall, production, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Medicaments Containing Hormones Exports

Exports from Switzerland

In 2022, medicaments containing hormones exports from Switzerland contracted significantly to X tons, falling by X% compared with 2021 figures. Over the period under review, exports showed a deep contraction. The most prominent rate of growth was recorded in 2017 when exports increased by X%. 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, medicaments containing hormones exports declined significantly to $X in 2022. Overall, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for medicaments containing hormones exports from Switzerland, accounting for a X% share of total exports. Moreover, medicaments containing hormones exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X kg), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and France (X% per year).

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

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

Export Prices by Country

In 2022, the average medicaments containing hormones export price amounted to $X per kg, dropping by X% against the previous year. In general, the export price, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The export price peaked at $X per kg in 2019; however, from 2020 to 2022, the export prices stood 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 ($X per kg), while the average price for exports to France ($X per kg) was amongst the lowest.

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

Medicaments Containing Hormones Imports

Imports into Switzerland

In 2022, purchases abroad of medicaments containing hormones but not antibiotics was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. In general, imports enjoyed a prominent expansion. The growth pace was the most rapid in 2016 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, medicaments containing hormones imports surged to $X in 2022. Overall, imports showed a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the UK (X tons) constituted the largest medicaments containing hormones supplier to Switzerland, with a X% share of total imports. Moreover, medicaments containing hormones imports from the UK exceeded the figures recorded by the second-largest supplier, Iceland (X tons), twofold. The third position in this ranking was held by the United States (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the UK stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Iceland (X% per year) and the United States (X% per year).

In value terms, the largest medicaments containing hormones suppliers to Switzerland were the UK ($X), Iceland ($X) and the United States ($X), together accounting for X% of total imports.

Among the main suppliers, Iceland, with a CAGR of X%, 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

In 2022, the average medicaments containing hormones import price amounted to $X per ton, with a decrease of X% against the previous year. Overall, the import price, however, showed strong growth. The growth pace was the most rapid in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2019; however, from 2020 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 Belgium ($X per ton), while the price for France ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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