Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Portugal - 2023

Contents:

1. Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Portugal (CIF) - 2023
2. Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Portugal (FOB) - 2022
3. Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Portugal
4. Exports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Portugal

Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Portugal (CIF) - 2023

In November 2023, the average import price for pharmaceutical goods; appliances identifiable for ostomy uses amounted to $55,246 per ton, shrinking by -8.5% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.7%. The pace of growth appeared the most rapid in December 2022 an increase of 16% m-o-m. The import price peaked at $60,366 per ton in October 2023, and then contracted in the following month.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Spain ($62,328 per ton), while the price for Germany ($15,894 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 Germany (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Portugal (FOB) - 2022

The average export price for pharmaceutical goods; appliances identifiable for ostomy uses stood at $103,106 per ton in 2022, picking up by 15% against the previous year. Overall, the export price showed a strong expansion. The most prominent rate of growth was recorded in 2013 an increase of 414% against the previous year. As a result, the export price attained the peak level of $142,156 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($146,175 per ton), while the average price for exports to Cabo Verde ($11,981 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 (+13.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Portugal

In 2022, the amount of pharmaceutical goods; appliances identifiable for ostomy uses imported into Portugal amounted to 261 tons, growing by 12% on the previous year. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 45% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of pharmaceutical goods; appliances identifiable for ostomy uses expanded slightly to $13M in 2022. The total import value increased at an average annual rate of +10.1% 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 imports increased by 33%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Top Suppliers of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use to Portugal in 2022:

1. Spain (186.7 tons)
2. Germany (26.2 tons)
3. United Kingdom (25.7 tons)
4. Netherlands (21.8 tons)

Exports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Portugal

In 2022, overseas shipments of pharmaceutical goods; appliances identifiable for ostomy uses decreased by -27.1% to 2.9 tons, falling for the second year in a row after two years of growth. Overall, exports faced a dramatic descent. The most prominent rate of growth was recorded in 2020 when exports increased by 68% against the previous year. As a result, the exports attained the peak of 9.7 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of pharmaceutical goods; appliances identifiable for ostomy uses declined sharply to $303K in 2022. Over the period under review, exports saw a sharp decline. The pace of growth was the most pronounced in 2020 with an increase of 27%. As a result, the exports reached the peak of $786K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use from Portugal in 2022:

1. Germany (989.0 kg)
2. United Kingdom (782.0 kg)
3. Belgium (673.0 kg)
4. Cabo Verde (158.0 kg)
5. France (142.0 kg)
6. Japan (123.0 kg)

Source: IndexBox Market Intelligence Platform