Pharmaceutical Goods Price in Greece - 2023
Contents:
- Pharmaceutical Goods Price in Greece (CIF) - 2022
- Pharmaceutical Goods Price in Greece (FOB) - 2022
- Pharmaceutical Goods Imports in Greece
- Pharmaceutical Goods Exports in Greece
Pharmaceutical Goods Price in Greece (CIF) - 2022
In 2022, the average pharmaceutical goods import price amounted to $68,031 per ton, with an increase of 11% against the previous year. Overall, the import price, however, recorded a slight slump. Over the period under review, average import prices attained the peak figure at $77,385 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Cyprus ($158,385 per ton), while the price for Turkey ($5,835 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Pharmaceutical Goods Price in Greece (FOB) - 2022
In 2022, the average pharmaceutical goods export price amounted to $129,375 per ton, growing by 15% against the previous year. In general, the export price enjoyed a tangible increase. The most prominent rate of growth was recorded in 2021 an increase of 49% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($357,251 per ton), while the average price for exports to Sweden ($13,943 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 (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.
Pharmaceutical Goods Imports in Greece
In 2022, overseas purchases of pharmaceutical goodses decreased by -18.7% to 1.3K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, imports attained the peak of 1.6K tons, and then fell significantly in the following year.
In value terms, pharmaceutical goods imports declined to $87M in 2022. The total import value increased at an average annual rate of +4.8% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year. As a result, imports reached the peak of $96M, and then reduced in the following year.
Import of Pharmaceutical Goods in Greece (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 12.1 | 14.9 | 15.4 | 15.8 | 9.3% |
Germany | 8.7 | 11.8 | 17.1 | 13.1 | 14.6% |
Belgium | 8.6 | 9.0 | 10.6 | 10.1 | 5.5% |
Cyprus | 9.0 | 6.2 | 9.4 | 9.2 | 0.7% |
Hungary | 8.1 | 8.6 | 10.7 | 8.3 | 0.8% |
Italy | 6.1 | 5.8 | 6.9 | 6.6 | 2.7% |
Bulgaria | 5.3 | 6.9 | 8.4 | 6.2 | 5.4% |
China | 2.2 | 1.3 | 0.8 | 1.0 | -23.1% |
Turkey | 1.3 | 0.6 | 0.5 | 0.5 | -27.3% |
Others | 13.9 | 17.6 | 16.1 | 16.0 | 4.8% |
Total | 75.4 | 82.6 | 96.0 | 86.8 | 4.8% |
Top Suppliers of Pharmaceutical Goods to Greece in 2022:
- Belgium (247.7 tons)
- Bulgaria (165.6 tons)
- Netherlands (147.9 tons)
- Germany (127.2 tons)
- Italy (126.0 tons)
- Hungary (94.0 tons)
- Turkey (87.1 tons)
- Cyprus (57.8 tons)
- China (37.8 tons)
Pharmaceutical Goods Exports in Greece
In 2022, approx. 94 tons of pharmaceutical goodses were exported from Greece; reducing by -22.4% on the previous year's figure. Overall, exports continue to indicate a sharp setback.
In value terms, pharmaceutical goods exports fell to $12M in 2022. In general, exports faced a abrupt shrinkage. The smallest decline of -1.7% was in 2021.
Export of Pharmaceutical Goods in Greece (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cyprus | 1,970 | 1,950 | 2,533 | 2,389 | 6.6% |
Italy | 1,940 | 1,646 | 2,054 | 2,185 | 4.0% |
Germany | 3,542 | 2,204 | 2,444 | 1,778 | -20.5% |
Turkey | 722 | 602 | 1,154 | 1,600 | 30.4% |
Netherlands | 492 | 672 | 862 | 583 | 5.8% |
Czech Republic | 214 | 222 | 201 | 512 | 33.7% |
Malta | 369 | 537 | 242 | 471 | 8.5% |
Sweden | 125 | 201 | 169 | 197 | 16.4% |
Poland | 87.4 | 38.9 | 61.9 | 158 | 21.8% |
United Kingdom | 2,317 | 2,072 | 131 | 156 | -59.3% |
Albania | 93.9 | 71.9 | 70.0 | 116 | 7.3% |
United States | 507 | 90.3 | 197 | 92.9 | -43.2% |
Bulgaria | 242 | 107 | 890 | 60.3 | -37.1% |
Others | 4,488 | 3,545 | 2,718 | 1,921 | -24.6% |
Total | 17,108 | 13,958 | 13,726 | 12,221 | -10.6% |
Top Export Markets for Pharmaceutical Goods from Greece in 2022:
- Cyprus (21.1 tons)
- Sweden (14.1 tons)
- Italy (13.6 tons)
- Germany (6.4 tons)
- Turkey (4.5 tons)
- United Kingdom (3.9 tons)
- Czech Republic (2.8 tons)
- Poland (2.8 tons)
- Netherlands (1.9 tons)
- Malta (1.6 tons)
- Bulgaria (1.6 tons)
- United States (1.5 tons)
- Albania (1.4 tons)
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