Pharmaceutical Goods Price in Sweden - 2023

Contents:

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

Pharmaceutical Goods Price in Sweden (CIF) - 2022

In 2022, the average pharmaceutical goods import price amounted to $80,216 per ton, growing by 3.4% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 16%. The import price peaked at $98,253 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 ($426,344 per ton), while the price for China ($19,175 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Pharmaceutical Goods Price in Sweden (FOB) - 2022

In 2022, the average pharmaceutical goods export price amounted to $131,307 per ton, declining by -16.5% against the previous year. In general, the export price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 an increase of 28%. Over the period under review, the average export prices reached the peak figure at $272,792 per ton in 2013; however, from 2014 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 the United States ($499,118 per ton), while the average price for exports to Belgium ($41,252 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 the Netherlands (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Pharmaceutical Goods Imports in Sweden

In 2022, the amount of pharmaceutical goodses imported into Sweden rose notably to 1.8K tons, increasing by 13% compared with 2021 figures. The total import volume increased at an average annual rate of +9.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 19%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, pharmaceutical goods imports skyrocketed to $143M in 2022. The total import value increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Pharmaceutical Goods to Sweden in 2022:

1. Germany (469.9 tons)
2. Netherlands (208.5 tons)
3. France (176.4 tons)
4. Ireland (117.8 tons)
5. United Kingdom (104.4 tons)
6. China (102.5 tons)
7. Denmark (83.2 tons)
8. Italy (82.4 tons)
9. Poland (82.1 tons)
10. Belgium (80.9 tons)
11. Lithuania (50.3 tons)
12. India (30.1 tons)

Pharmaceutical Goods Exports in Sweden

In 2022, overseas shipments of pharmaceutical goodses were finally on the rise to reach 820 tons after two years of decline. Overall, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +11.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, pharmaceutical goods exports surged to $108M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.2% 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 +61.1% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Pharmaceutical Goods from Sweden in 2022:

1. Norway (385.6 tons)
2. Denmark (117.8 tons)
3. Finland (93.5 tons)
4. Estonia (71.3 tons)
5. United States (38.0 tons)
6. Netherlands (17.2 tons)
7. United Kingdom (11.2 tons)
8. Belgium (8.0 tons)
9. Germany (7.8 tons)

Source: IndexBox Market Intelligence Platform