Pharmaceutical Goods Price in Italy - 2023
Contents:
- Pharmaceutical Goods Price in Italy (FOB) - 2022
- Pharmaceutical Goods Price in Italy (CIF) - 2022
- Pharmaceutical Goods Exports in Italy
- Pharmaceutical Goods Imports in Italy
Pharmaceutical Goods Price in Italy (FOB) - 2022
The average pharmaceutical goods export price stood at $57,551 per ton in 2022, declining by -4% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by 15%. Over the period under review, the average export prices reached the peak figure at $71,681 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($127,024 per ton), while the average price for exports to Algeria ($1,715 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 Belgium (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.
Pharmaceutical Goods Price in Italy (CIF) - 2022
The average pharmaceutical goods import price stood at $108,879 per ton in 2022, growing by 21% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The import price peaked at $118,867 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 ($435,132 per ton), while the price for Canada ($9,906 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Pharmaceutical Goods Exports in Italy
After three years of growth, overseas shipments of pharmaceutical goodses decreased by -1.5% to 9.5K tons in 2022. The total export volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 17%. As a result, the exports attained the peak of 9.7K tons, and then dropped slightly in the following year.
In value terms, pharmaceutical goods exports declined to $548M in 2022. The total export value increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 17%. As a result, the exports reached the peak of $590M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Pharmaceutical Goods in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 144 | 220 | 202 | 197 | 11.0% |
| China | 24.1 | 24.6 | 43.9 | 52.0 | 29.2% |
| Belgium | 37.1 | 77.1 | 45.8 | 41.6 | 3.9% |
| Spain | 24.8 | 19.5 | 27.2 | 24.2 | -0.8% |
| South Korea | 19.3 | 19.2 | 21.8 | 21.7 | 4.0% |
| France | 33.8 | 34.9 | 32.5 | 21.1 | -14.5% |
| Czech Republic | 18.0 | 19.6 | 22.2 | 18.8 | 1.5% |
| United Kingdom | 18.5 | 12.0 | 14.0 | 13.0 | -11.1% |
| Poland | 7.9 | 8.8 | 9.9 | 9.9 | 7.8% |
| Brazil | 6.3 | 5.1 | 8.5 | 5.1 | -6.8% |
| Saudi Arabia | 2.2 | 2.9 | 1.1 | 1.4 | -14.0% |
| Ukraine | 0.1 | 0.2 | 0.3 | 0.5 | 71.0% |
| Algeria | 0.1 | 0.2 | 0.2 | 0.5 | 71.0% |
| Others | 169 | 147 | 150 | 141 | -5.9% |
| Total | 505 | 590 | 579 | 548 | 2.8% |
Top Export Markets for Pharmaceutical Goods from Italy in 2022:
- United States (2729.2 tons)
- France (1131.5 tons)
- China (457.8 tons)
- Spain (432.0 tons)
- Belgium (327.8 tons)
- South Korea (285.6 tons)
- Algeria (276.6 tons)
- United Kingdom (208.6 tons)
- Poland (168.5 tons)
- Brazil (165.4 tons)
- Saudi Arabia (159.0 tons)
- Czech Republic (158.9 tons)
- Ukraine (144.2 tons)
Pharmaceutical Goods Imports in Italy
In 2022, the amount of pharmaceutical goodses imported into Italy reduced remarkably to 4.4K tons, with a decrease of -23.5% against the year before. Over the period under review, imports showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 3%.
In value terms, pharmaceutical goods imports contracted to $478M in 2022. In general, imports recorded a mild reduction. The pace of growth was the most pronounced in 2021 with an increase of 9.3%. As a result, imports reached the peak of $518M, and then fell in the following year.
| Import of Pharmaceutical Goods in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 115 | 108 | 102 | 97.4 | -5.4% |
| Germany | 95.4 | 98.4 | 103 | 86.2 | -3.3% |
| Belgium | 86.4 | 82.1 | 91.6 | 80.3 | -2.4% |
| France | 40.3 | 43.8 | 49.9 | 46.7 | 5.0% |
| Ireland | 39.0 | 27.3 | 33.5 | 36.8 | -1.9% |
| Hungary | 34.8 | 38.9 | 38.5 | 35.6 | 0.8% |
| Spain | 23.0 | 21.0 | 23.4 | 18.4 | -7.2% |
| United States | 10.3 | 5.6 | 8.3 | 9.7 | -2.0% |
| United Kingdom | 4.5 | 3.9 | 4.7 | 4.9 | 2.9% |
| Canada | 0.7 | 0.5 | 1.4 | 1.4 | 26.0% |
| China | 2.2 | 2.3 | 2.0 | 1.2 | -18.3% |
| Others | 51.0 | 42.1 | 59.6 | 59.2 | 5.1% |
| Total | 502 | 474 | 518 | 478 | -1.6% |
Top Suppliers of Pharmaceutical Goods to Italy in 2022:
- Netherlands (1297.6 tons)
- Germany (806.2 tons)
- Hungary (487.5 tons)
- France (317.8 tons)
- Ireland (286.2 tons)
- Spain (230.6 tons)
- Belgium (184.6 tons)
- Canada (144.0 tons)
- United States (112.8 tons)
- China (109.4 tons)
- United Kingdom (84.9 tons)
420
This report provides an in-depth analysis of the blood-grouping reagents market in Italy.
345
This report provides an in-depth analysis of the chemical contraceptive preparations market in Italy.
315
This report provides an in-depth analysis of the medical reconstruction cements market in Italy.
472
This report provides an in-depth analysis of the first-aid kit market in Italy.
356
This report provides an in-depth analysis of the medical gel preparations market in Italy.
316
This report provides an in-depth analysis of the x-ray examination preparations market in Italy.
366
This report provides an in-depth analysis of the market for sterile medical adhesion barrier in Italy.
570
This report provides an in-depth analysis of the global blood-grouping reagents market.
638
This report provides an in-depth analysis of the global chemical contraceptive preparations market.
689
This report provides an in-depth analysis of the global medical reconstruction cements market.
157
Discover the world's leading import markets for chemical contraceptive preparations, including key statistics and numbers. Find out which countries import the most and why.
188
Discover the top import markets for medical gel preparations based on import value data from IndexBox. Learn about the key countries driving the global market for medical gel products.
151
Discover the leading countries for importing X-ray examination preparations and the key statistics behind their market values.
75
Explore the top import markets for sterile medical adhesion barriers around the world. Learn about the key countries driving the demand for these crucial healthcare products.
157
Discover the world's leading import markets for chemical contraceptive preparations, including key statistics and numbers. Find out which countries import the most and why.
188
Discover the top import markets for medical gel preparations based on import value data from IndexBox. Learn about the key countries driving the global market for medical gel products.
151
Discover the leading countries for importing X-ray examination preparations and the key statistics behind their market values.
75
Explore the top import markets for sterile medical adhesion barriers around the world. Learn about the key countries driving the demand for these crucial healthcare products.
