Pharmaceutical Goods Price in Poland - 2023

Contents:

  1. Pharmaceutical Goods Price in Poland (CIF) - 2022
  2. Pharmaceutical Goods Price in Poland (FOB) - 2022
  3. Pharmaceutical Goods Imports in Poland
  4. Pharmaceutical Goods Exports in Poland

Pharmaceutical Goods Price in Poland (CIF) - 2022

In 2022, the average pharmaceutical goods import price amounted to $44,801 per ton, dropping by -2.1% against the previous year. Overall, the import price saw a noticeable decrease. The most prominent rate of growth was recorded in 2017 when the average import price increased by 38% against the previous year. Over the period under review, average import prices reached the maximum at $70,283 per ton in 2018; however, from 2019 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 the United States ($134,341 per ton), while the price for Turkey ($6,040 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Pharmaceutical Goods Price in Poland (FOB) - 2022

The average pharmaceutical goods export price stood at $51,652 per ton in 2022, with a decrease of -7.5% against the previous year. Overall, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pharmaceutical goods export price decreased by -24.0% against 2018 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 63% against the previous year. Over the period under review, the average export prices hit record highs at $67,926 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($167,043 per ton), while the average price for exports to Germany ($12,623 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 Ukraine (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Pharmaceutical Goods Imports in Poland

After three years of growth, overseas purchases of pharmaceutical goodses decreased by -4.5% to 5.4K tons in 2022. The total import volume increased at an average annual rate of +10.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 27%. As a result, imports attained the peak of 5.6K tons, and then contracted in the following year.

In value terms, pharmaceutical goods imports reduced to $241M in 2022. The total import value increased at an average annual rate of +1.0% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 20%. As a result, imports attained the peak of $257M, and then reduced in the following year.

Import of Pharmaceutical Goods in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany53.555.466.563.76.0%
Dominican Republic15.222.629.717.75.2%
Ireland13.610.414.817.38.4%
United States10.99.212.115.512.5%
China6.55.56.610.617.7%
Italy8.98.911.310.35.0%
Slovakia9.48.911.38.9-1.8%
Hungary17.615.810.38.6-21.2%
United Kingdom6.99.26.46.4-2.5%
Turkey1.11.42.03.039.7%
Denmark19.712.35.23.0-46.6%
Others70.354.081.075.32.3%
Total2332142572411.1%

Top Suppliers of Pharmaceutical Goods to Poland in 2022:

  1. Germany (1630.9 tons)
  2. China (883.7 tons)
  3. Dominican Republic (600.8 tons)
  4. Turkey (505.0 tons)
  5. Slovakia (334.8 tons)
  6. Ireland (220.6 tons)
  7. Italy (186.8 tons)
  8. Hungary (129.7 tons)
  9. United States (115.6 tons)
  10. United Kingdom (90.2 tons)
  11. Denmark (60.8 tons)

Pharmaceutical Goods Exports in Poland

For the fourth year in a row, Poland recorded growth in shipments abroad of pharmaceutical goodses, which increased by 11% to 3.3K tons in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +15.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, pharmaceutical goods exports expanded modestly to $173M in 2022. The total export value increased at an average annual rate of +10.0% 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 when exports increased by 22% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Export of Pharmaceutical Goods in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium1.021.456.965.7303.5%
Germany10.212.616.015.214.2%
Czech Republic13.111.812.812.4-1.8%
China0.15.310.09.2351.4%
Sweden3.86.67.77.827.1%
Russia15.710.86.45.4-29.9%
Hungary4.35.35.45.15.9%
Estonia3.14.54.64.311.5%
Ukraine4.83.32.93.3-11.7%
Lithuania1.51.51.82.721.6%
Romania1.92.02.32.59.6%
Turkey1.82.62.72.03.6%
Bulgaria1.31.71.91.67.2%
Others67.148.736.535.4-19.2%
Total13013816817310.0%

Top Export Markets for Pharmaceutical Goods from Poland in 2022:

  1. Germany (1203.8 tons)
  2. Belgium (393.2 tons)
  3. Sweden (199.1 tons)
  4. Turkey (132.7 tons)
  5. Romania (120.3 tons)
  6. Lithuania (104.5 tons)
  7. Hungary (104.5 tons)
  8. Czech Republic (89.8 tons)
  9. Bulgaria (80.0 tons)
  10. Ukraine (77.1 tons)
  11. Estonia (72.1 tons)
  12. China (66.1 tons)
  13. Russia (64.6 tons)

Source: IndexBox Market Intelligence Platform

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