Norway - Vaccines For Human Medicine - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Norway - Vaccines For Human Medicine - Market Analysis, Forecast, Size, Trends and Insights

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Vaccine Price in Norway - 2021

Contents:

  1. Vaccine Price in Norway (CIF) - 2022
  2. Vaccine Price in Norway (FOB) - 2022
  3. Vaccine Imports in Norway
  4. Vaccine Exports in Norway

Vaccine Price in Norway (CIF) - 2022

In 2022, the average vaccine import price amounted to $1,830,030 per ton, with a decrease of -6.3% against the previous year. In general, the import price, however, showed a resilient increase. The growth pace was the most rapid in 2021 when the average import price increased by 283%. As a result, import price reached the peak level of $1,954 per kg, and then fell in the following year.

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 Spain ($7,658,474 per ton), while the price for France ($183,557 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Vaccine Price in Norway (FOB) - 2022

The average vaccine export price stood at $316,627 per ton in 2022, dropping by -10% against the previous year. Over the period under review, the export price showed a slight curtailment. The pace of growth was the most pronounced in 2018 when the average export price increased by 106% against the previous year. As a result, the export price attained the peak level of $528,487 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($1,302,438 per ton), while the average price for exports to Denmark ($50,900 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 Lithuania (+1.5%), while the prices for the other major destinations experienced a decline.

Vaccine Imports in Norway

After three years of growth, overseas purchases of vaccines for human medicine decreased by -41.2% to 116 tons in 2022. Over the period under review, imports, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2021 with an increase of 155%. As a result, imports attained the peak of 198 tons, and then contracted notably in the following year.

In value terms, vaccine imports dropped dramatically to $213M in 2022. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 877%. As a result, imports reached the peak of $386M, and then dropped markedly in the following year.

Import of Vaccine in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium10.510.312166.785.2%
Spain0.50.643.223.7261.9%
United States1.41.710.85.961.5%
Ireland3.03.310.75.925.3%
France7.12.44.33.0-25.0%
Netherlands1.11.43.62.022.1%
Sweden1.70.9N/A0.6-29.3%
Austria0.60.60.40.4-12.6%
Others15.218.319210590.5%
Total41.139.538621373.1%

Top Suppliers of Vaccine to Norway in 2022:

  1. Belgium (34.4 tons)
  2. France (16.2 tons)
  3. Ireland (10.0 tons)
  4. United States (6.8 tons)
  5. Spain (3.1 tons)
  6. Netherlands (2.8 tons)
  7. Sweden (2.0 tons)
  8. Austria (1.8 tons)

Vaccine Exports in Norway

In 2022, shipments abroad of vaccines for human medicine increased by 44% to 442 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a sharp contraction.

In value terms, vaccine exports soared to $140K in 2022. In general, exports, however, saw a sharp slump.

Export of Vaccine in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania7.20.14.123.347.9%
Sweden2.91.53.620.892.9%
United States114113N/A20.2-43.8%
Germany1616.12.011.6-58.4%
Denmark58.910.0N/A2.5-65.1%
Belgium12.012.0N/A2.1-44.1%
SurinameN/AN/AN/A1.40%
SerbiaN/AN/A3.3N/A0%
ArmeniaN/AN/A71.7N/A0%
PortugalN/AN/A11.5N/A0%
Others19129.011.958.1-32.7%
Total547172108140-36.5%

Top Export Markets for Vaccine from Norway in 2022:

  1. Lithuania (96.0 kg)
  2. Germany (52.0 kg)
  3. Denmark (50.0 kg)
  4. United States (23.0 kg)
  5. Belgium (22.0 kg)
  6. Sweden (16.0 kg)
  7. Suriname (6.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the vaccine market in Norway. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 21202140 -
  • Prodcom 21202145 - Vaccines for human medicine

Country coverage:

  • Norway

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Norway
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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