EU: Veterinary Medicine Vaccines Market 2024

Veterinary Medicine Vaccines Market Size in the EU

In 2022, the EU veterinary medicine vaccines market increased by X% to $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Veterinary Medicine Vaccines Production in the EU

In value terms, veterinary medicine vaccines production expanded rapidly to $X in 2022 estimated in export price. The total production indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2019 indices. The growth pace was the most rapid in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

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Veterinary Medicine Vaccines Exports

Exports in the EU

In 2022, approx. X tons of vaccines for veterinary medicine were exported in the European Union; growing by X% on 2021 figures. Total exports indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2017 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, veterinary medicine vaccines exports declined to $X in 2022. Over the period under review, exports showed measured growth. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2021, and then dropped in the following year.

Exports by Country

In 2022, the Netherlands (X tons) represented the largest exporter of vaccines for veterinary medicine, making up X% of total exports. Spain (X tons) took an X% share (based on physical terms) of total exports, which put it in second place, followed by France (X%), Hungary (X%), Belgium (X%), Italy (X%) and the Czech Republic (X%).

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

In value terms, the largest veterinary medicine vaccines supplying countries in the European Union were the Netherlands ($X), France ($X) and Spain ($X), together comprising X% of total exports.

In terms of the main exporting countries, the Netherlands, with a CAGR of X%, saw 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 export price in the European Union stood at $X per ton in 2022, declining by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The level of export peaked at $X per ton in 2021, and then contracted rapidly in the following year.

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

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

Veterinary Medicine Vaccines Imports

Imports in the EU

In 2022, after two years of growth, there was significant decline in supplies from abroad of vaccines for veterinary medicine, when their volume decreased by X% to X tons. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, veterinary medicine vaccines imports fell slightly to $X in 2022. Total imports indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2015 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then shrank modestly in the following year.

Imports by Country

Spain (X tons) and France (X tons) represented the main importers of vaccines for veterinary medicine in 2022, recording near X% and X% of total imports, respectively. Austria (X tons) ranks next in terms of the total imports with an X% share, followed by the Netherlands (X%), Germany (X%), Belgium (X%) and Poland (X%). Denmark (X tons), Hungary (X tons), Italy (X tons), Romania (X tons), Portugal (X tons) and Greece (X tons) took a minor share of total imports.

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

In value terms, the largest veterinary medicine vaccines importing markets in the European Union were the Netherlands ($X), Spain ($X) and Germany ($X), with a combined X% share of total imports.

In terms of the main importing countries, the Netherlands, with a CAGR of X%, saw 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 import price in the European Union amounted to $X per ton, with an increase of X% against the previous year. Import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, veterinary medicine vaccines import price increased by X% against 2016 indices. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Italy ($X per ton), while Spain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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