Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Hungary - 2023
Contents:
- Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Hungary (FOB) - 2023
- Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Hungary (CIF) - 2023
- Exports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Hungary
- Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Hungary
Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Hungary (FOB) - 2023
The average export price for pharmaceutical goods; appliances identifiable for ostomy uses stood at $59,784 per ton in November 2023, growing by 5% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 an increase of 5.5% m-o-m. Over the period under review, the average export prices hit record highs in November 2023.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($108K per ton), while the average price for exports to Costa Rica ($16,517 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 the Czech Republic (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Hungary (CIF) - 2023
The average import price for pharmaceutical goods; appliances identifiable for ostomy uses stood at $46,747 per ton in November 2023, surging by 23% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.7%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Denmark ($59,635 per ton), while the price for Germany ($35,954 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 Denmark (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Hungary
In 2022, the amount of pharmaceutical goods; appliances identifiable for ostomy uses exported from Hungary was estimated at 9.4K tons, surging by 3.8% on 2021. The total export volume increased at an average annual rate of +4.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 when exports increased by 14%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of pharmaceutical goods; appliances identifiable for ostomy uses reduced to $471M in 2022. The total export value increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 13% against the previous year.
| Export of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 106 | 114 | 111 | 104 | -0.6% |
| Germany | 62.6 | 70.7 | 67.0 | 62.5 | -0.1% |
| United States | 16.5 | 25.1 | 45.1 | 42.2 | 36.8% |
| France | 42.9 | 42.0 | 42.4 | 37.1 | -4.7% |
| Italy | 33.5 | 36.9 | 36.7 | 34.1 | 0.6% |
| China | 42.3 | 55.7 | 54.1 | 31.8 | -9.1% |
| Japan | 24.5 | 30.1 | 23.5 | 17.6 | -10.4% |
| Spain | 14.3 | 15.8 | 15.5 | 16.0 | 3.8% |
| Russia | 12.8 | 15.0 | 16.2 | 14.2 | 3.5% |
| Australia | 12.8 | 14.0 | 14.8 | 14.1 | 3.3% |
| Brazil | N/A | N/A | 1.9 | 11.3 | 494.7% |
| Costa Rica | 1.6 | 1.9 | 2.4 | 4.3 | 39.0% |
| Turkey | 3.3 | 3.9 | 3.6 | 3.3 | 0.0% |
| Others | 77.6 | 83.7 | 86.2 | 78.1 | 0.2% |
| Total | 451 | 509 | 520 | 471 | 1.5% |
Top Export Markets for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use from Hungary in 2022:
- Germany (2323.6 tons)
- United Kingdom (1074.3 tons)
- United States (790.6 tons)
- Spain (673.6 tons)
- France (604.0 tons)
- Italy (489.9 tons)
- China (484.5 tons)
- Russia (460.5 tons)
- Costa Rica (337.9 tons)
- Japan (258.6 tons)
- Brazil (257.6 tons)
- Australia (176.6 tons)
- Turkey (148.4 tons)
Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Hungary
Imports of pharmaceutical goods; appliances identifiable for ostomy uses into Hungary surged to 1.1K tons in 2022, with an increase of 81% against 2021 figures. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of pharmaceutical goods; appliances identifiable for ostomy uses soared to $40M in 2022. Overall, imports showed significant growth. 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 Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 1.0 | 6.3 | 8.6 | 20.5 | 173.7% |
| China | 5.8 | 7.2 | 6.7 | 10.8 | 23.0% |
| Poland | 4.9 | 4.8 | 4.6 | 2.6 | -19.0% |
| Netherlands | N/A | N/A | 1.9 | 1.9 | 0.0% |
| Germany | 2.1 | 1.7 | 1.1 | 1.8 | -5.0% |
| Austria | N/A | 0.6 | 1.0 | 0.9 | 22.5% |
| Denmark | 4.0 | 1.4 | 1.2 | 0.4 | -53.6% |
| Others | 1.4 | 1.4 | 3.3 | 1.1 | -7.7% |
| Total | 19.4 | 23.5 | 28.4 | 40.2 | 27.5% |
Top Suppliers of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use to Hungary in 2022:
- Costa Rica (593.6 tons)
- China (283.2 tons)
- Germany (49.4 tons)
- Poland (44.2 tons)
- Netherlands (35.8 tons)
- Austria (31.5 tons)
- Denmark (18.8 tons)
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