United Kingdom: Chemical Contraceptive Preparations Market 2024

Chemical Contraceptive Preparations Market Size in the UK

The UK chemical contraceptive preparations market contracted notably to $X in 2021, shrinking by -61.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a dramatic contraction. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Chemical Contraceptive Preparations Exports

Exports from the UK

In 2021, approx. X tons of chemical contraceptive preparations based on hormones or spermicides were exported from the UK; shrinking by -17.5% against the year before. Over the period under review, exports recorded a perceptible setback. The growth pace was the most rapid in 2014 with an increase of 40%. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, chemical contraceptive preparations exports fell sharply to $X in 2021. In general, exports showed a deep reduction. The pace of growth was the most pronounced in 2018 with an increase of 21% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X tons), Cyprus (X tons) and Poland (X tons) were the main destinations of chemical contraceptive preparations exports from the UK, together comprising 48% of total exports.

From 2012 to 2021, the biggest increases were recorded for Cyprus (with a CAGR of +100.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for chemical contraceptive preparations exported from the UK were the United States ($X), Canada ($X) and Australia ($X), together accounting for 53% of total exports. These countries were followed by Malaysia, Poland, New Zealand, Belgium, Ireland, France and Cyprus, which together accounted for a further 28%.

Among the main countries of destination, Cyprus, with a CAGR of +60.4%, recorded the highest rates of growth with regard to 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 chemical contraceptive preparations export price stood at $X per ton in 2021, dropping by -51.7% against the previous year. Over the period under review, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2020 an increase of 40%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Cyprus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.

Chemical Contraceptive Preparations Imports

Imports into the UK

In 2021, chemical contraceptive preparations imports into the UK contracted sharply to X tons, shrinking by -53.3% on the previous year's figure. In general, imports continue to indicate a precipitous decline. The pace of growth appeared the most rapid in 2017 when imports increased by 40% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, chemical contraceptive preparations imports fell notably to $X in 2021. Overall, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2019 with an increase of 50%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Belgium (X tons), Germany (X tons) and India (X tons) were the main suppliers of chemical contraceptive preparations imports to the UK, with a combined 71% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of -5.9%), while imports for the other leaders experienced a decline.

In value terms, Belgium ($X), Germany ($X) and the Netherlands ($X) constituted the largest chemical contraceptive preparations suppliers to the UK, with a combined 82% share of total imports. These countries were followed by France, India, Hungary, Portugal and Ireland, which together accounted for a further 16%.

Hungary, with a CAGR of +14.8%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average chemical contraceptive preparations import price stood at $X per ton in 2021, surging by 17% against the previous year. In general, the import price showed prominent growth. The growth pace was the most rapid in 2019 an increase of 49% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Ireland ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+46.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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