United Kingdom: Market for Other Medicaments For Therapeutic Or Prophylactic Uses 2025

Market Size for Other Medicaments For Therapeutic Or Prophylactic Uses in the UK

The UK market for other medicaments for therapeutic or prophylactic uses soared to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in years to come.

Production of Other Medicaments For Therapeutic Or Prophylactic Uses in the UK

In value terms, production of other medicaments for therapeutic or prophylactic uses dropped slightly to $X in 2022 estimated in export price. Overall, production saw a perceptible decrease. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production of growth remained at a somewhat lower figure.

Exports of Other Medicaments For Therapeutic Or Prophylactic Uses

Exports from the UK

In 2022, exports of other medicaments for therapeutic or prophylactic uses from the UK dropped rapidly to X tons, with a decrease of X% on 2021. Overall, exports saw a deep setback. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, the exports of hit record highs at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, exports of other medicaments for therapeutic or prophylactic uses amounted to $X in 2022. In general, exports faced a abrupt contraction. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

France (X tons), Canada (X tons) and Ireland (X tons) were the main destinations of exports of other medicaments for therapeutic or prophylactic uses from the UK, together accounting for X% of total exports.

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

In value terms, Canada ($X), Ireland ($X) and the United States ($X) appeared to be the largest markets for other medicaments for therapeutic or prophylactic uses exported from the UK worldwide, together accounting for X% of total exports.

Canada, with a CAGR of X%, saw 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 export price for other medicaments for therapeutic or prophylactic uses amounted to $X per ton, growing by X% against the previous year. In general, the export price enjoyed a prominent increase. The pace of growth appeared the most rapid in 2014 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Turkey ($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 Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Other Medicaments For Therapeutic Or Prophylactic Uses

Imports into the UK

In 2022, imports of other medicaments for therapeutic or prophylactic uses into the UK soared to X tons, increasing by X% compared with the previous year's figure. Over the period under review, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports of reached the maximum at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of other medicaments for therapeutic or prophylactic uses soared to $X in 2022. Overall, imports, however, continue to indicate a perceptible downturn. Over the period under review, imports of reached the maximum at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Israel (X tons) constituted the largest other medicaments for therapeutic or prophylactic uses supplier to the UK, accounting for a X% share of total imports. Moreover, imports of other medicaments for therapeutic or prophylactic uses from Israel exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. Ireland (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, Israel ($X) constituted the largest supplier of other medicaments for therapeutic or prophylactic uses to the UK, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by Ireland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Israel stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Ireland (X% per year).

Import Prices by Country

The average import price for other medicaments for therapeutic or prophylactic uses stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price, however, recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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