Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Denmark - 2023
Contents:
- Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Denmark (FOB) - 2023
- Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Denmark (CIF) - 2023
- Exports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Denmark
- Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Denmark
Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Denmark (FOB) - 2023
In November 2023, the average export price for pharmaceutical goods; appliances identifiable for ostomy uses amounted to $74,150 per ton, with an increase of 3.5% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2023 when the average export price increased by 6.8% m-o-m. Over the period under review, the average export prices attained the peak figure at $75,125 per ton in December 2022; however, from January 2023 to November 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($104K per ton), while the average price for exports to Ireland ($23,770 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Denmark (CIF) - 2023
In November 2023, the average import price for pharmaceutical goods; appliances identifiable for ostomy uses amounted to $82,846 per ton, dropping by -3.4% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in December 2022 an increase of 20% against the previous month. The import price peaked at $86,377 per ton in April 2023; however, from May 2023 to November 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the Netherlands ($128K per ton), while the price for Hungary ($27,957 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by France (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Denmark
In 2022, overseas shipments of pharmaceutical goods; appliances identifiable for ostomy uses were finally on the rise to reach 1.1K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a perceptible decrease.
In value terms, exports of pharmaceutical goods; appliances identifiable for ostomy uses contracted to $76M in 2022. Overall, exports, however, recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 2.5% against the previous year. As a result, the exports reached the peak of $83M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 48.9 | 53.0 | 52.8 | 54.3 | 3.6% |
| Japan | 9.7 | 10.9 | 10.4 | 8.8 | -3.2% |
| Italy | 4.1 | 1.6 | 4.8 | 5.1 | 7.5% |
| Germany | 2.2 | 2.3 | 3.2 | 3.8 | 20.0% |
| Argentina | 1.0 | 3.7 | 0.6 | 1.9 | 23.9% |
| Ireland | 3.1 | 2.5 | 1.5 | 1.2 | -27.1% |
| Hungary | 3.6 | 0.9 | 0.6 | 0.1 | -69.7% |
| Poland | 2.9 | 2.6 | 1.5 | N/A | -28.1% |
| Others | 5.5 | 5.4 | 3.8 | 1.1 | -41.5% |
| Total | 81.1 | 83.0 | 79.3 | 76.3 | -2.0% |
Top Export Markets for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use from Denmark in 2022:
- Netherlands (701.3 tons)
- Germany (119.6 tons)
- Japan (107.1 tons)
- Italy (66.8 tons)
- Argentina (38.7 tons)
- Ireland (34.9 tons)
- Hungary (3.1 tons)
- Poland (0.8 tons)
Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Denmark
In 2022, overseas purchases of pharmaceutical goods; appliances identifiable for ostomy uses increased by 32% to 604 tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +5.2% 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.
In value terms, imports of pharmaceutical goods; appliances identifiable for ostomy uses skyrocketed to $43M in 2022. The total import value increased at an average annual rate of +2.0% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 14.5 | 13.1 | 13.6 | 13.2 | -3.1% |
| Ireland | 10.9 | 11.2 | 10.8 | 11.7 | 2.4% |
| Netherlands | 8.3 | 4.9 | 3.7 | 11.1 | 10.2% |
| Hungary | 2.6 | 2.0 | 1.7 | 2.0 | -8.4% |
| United Kingdom | 1.0 | 2.3 | 1.6 | 1.3 | 9.1% |
| Italy | N/A | 0.2 | 0.2 | 1.2 | 144.9% |
| France | N/A | 0.4 | 0.8 | 0.9 | 50.0% |
| Slovakia | 1.9 | 1.8 | 1.0 | 0.4 | -40.5% |
| United States | 0.8 | 0.2 | N/A | N/A | -75.0% |
| Others | 0.8 | 1.6 | 3.3 | 1.6 | 26.0% |
| Total | 40.8 | 37.5 | 36.7 | 43.3 | 2.0% |
Top Suppliers of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use to Denmark in 2022:
- Germany (173.1 tons)
- Ireland (147.9 tons)
- Netherlands (124.1 tons)
- Hungary (86.0 tons)
- United Kingdom (18.4 tons)
- France (12.7 tons)
- Italy (12.6 tons)
- Slovakia (3.8 tons)
- United States (0.3 tons)
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