EU: Medicaments Containing Hormones Market 2024

Medicaments Containing Hormones Market Size in the EU

After two years of decline, the EU medicaments containing hormones market increased by X% to $X in 2023. In general, consumption, however, showed a perceptible decline. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Medicaments Containing Hormones Production in the EU

In value terms, medicaments containing hormones production contracted slightly to $X in 2023 estimated in export price. Over the period under review, production, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2023, production failed to regain momentum.

Medicaments Containing Hormones Exports

Exports in the EU

In 2023, overseas shipments of medicaments containing hormones but not antibiotics increased by X% to X tons, rising for the fifth year in a row after three years of decline. Over the period under review, exports showed a remarkable increase. The most prominent rate of growth was recorded in 2022 when exports increased by X%. The volume of export peaked in 2023 and is expected to retain growth in the near future.

In value terms, medicaments containing hormones exports surged to $X in 2023. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2022 with an increase of X%. The level of export peaked in 2023 and is expected to retain growth in the near future.

Exports by Country

Denmark represented the major exporting country with an export of about X tons, which finished at X% of total exports. Ireland (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (X%), Spain (X%) and Cyprus (X%). The following exporters - Romania (X tons) and Poland (X tons) - each amounted to an X% share of total exports.

Exports from Denmark increased at an average annual rate of X% from 2012 to 2023. At the same time, Romania (X%), Poland (X%), Spain (X%), Ireland (X%) and the Netherlands (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2023. By contrast, Cyprus (X%) illustrated a downward trend over the same period. While the share of Denmark (X p.p.), Spain (X p.p.), Romania (X p.p.) and Poland (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of the Netherlands (X p.p.) and Cyprus (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ireland ($X) remains the largest medicaments containing hormones supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Denmark ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

In Ireland, medicaments containing hormones exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Denmark (X% per year) and the Netherlands (X% per year).

Export Prices by Country

In 2023, the export price in the European Union amounted to $X per ton, picking up by X% against the previous year. In general, the export price saw a buoyant increase. The growth pace was the most rapid in 2022 an increase of X% against the previous year. The level of export peaked in 2023 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Ireland ($X,927 per ton), while Cyprus ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ireland (X%), while the other leaders experienced mixed trends in the export price figures.

Medicaments Containing Hormones Imports

Imports in the EU

In 2023, the amount of medicaments containing hormones but not antibiotics imported in the European Union soared to X tons, with an increase of X% against the previous year's figure. Total imports indicated a strong increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2012 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, medicaments containing hormones imports soared to $X in 2023. Over the period under review, imports recorded buoyant growth. The growth pace was the most rapid in 2020 with an increase of X%. As a result, imports reached the peak of $X. From 2021 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

The countries with the highest levels of medicaments containing hormones imports in 2023 were the Netherlands (X tons), France (X tons), Spain (X tons) and Denmark (X tons), together amounting to X% of total import. It was distantly followed by Poland (X tons), Bulgaria (X tons) and Ireland (X tons), together committing an X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Bulgaria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest medicaments containing hormones importing markets in the European Union were Denmark ($X), the Netherlands ($X) and Ireland ($X), together comprising X% of total imports. Poland, Bulgaria, France and Spain lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Bulgaria, 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 2023, the import price in the European Union amounted to $X per ton, with an increase of X% against the previous year. In general, the import price showed a perceptible expansion. The growth pace was the most rapid in 2020 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2021 to 2023, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Ireland ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform