Price for Pharmaceutical Goods; Waste Pharmaceuticals in Serbia - 2023

Price for Pharmaceutical Goods; Waste Pharmaceuticals in Serbia (FOB) - 2022

The average pharmaceutical goods; waste pharmaceuticals export price stood at $24 per ton in 2022, with an increase of 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.9%. The growth pace was the most rapid in 2015 when the average export price increased by 23% against the previous year. The export price peaked at $24 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Greece ($24 per ton), while the average price for exports to Austria ($17 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 Poland (+66.5%), while the prices for the other major destinations experienced a decline.

Price for Pharmaceutical Goods; Waste Pharmaceuticals in Serbia (CIF) - 2022

In 2022, the average pharmaceutical goods; waste pharmaceuticals import price amounted to $63 per ton, with a decrease of -25.1% against the previous year. In general, the import price continues to indicate a dramatic setback. The pace of growth appeared the most rapid in 2021 an increase of 2,047% against the previous year. Over the period under review, average import prices reached the peak figure at $4,000 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Germany ($118 per ton), while the price for Austria totaled $29 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+115.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Pharmaceutical Goods; Waste Pharmaceuticals in Serbia

In 2022, shipments abroad of pharmaceutical goods; waste pharmaceuticalses decreased by -7% to 334 tons, falling for the second year in a row after two years of growth. Overall, exports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2020 with an increase of 103%. As a result, the exports reached the peak of 518 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, pharmaceutical goods; waste pharmaceuticals exports expanded to $7.8K in 2022. In general, exports, however, showed a resilient increase. The growth pace was the most rapid in 2020 when exports increased by 138%. As a result, the exports attained the peak of $12K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Pharmaceutical Goods; Waste Pharmaceuticals in Serbia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	1.4	8.1	4.7	6.1	63.3%
Greece	N/A	1.2	0.4	1.4	8.0%
Austria	3.5	2.2	2.4	0.3	-55.9%
Others	N/A	N/A	N/A	N/A	0%
Total	4.8	11.5	7.6	7.8	17.6%

Top Export Markets for Pharmaceutical Goods; Waste Pharmaceuticals from Serbia in 2022:

Germany (255.4 tons)
Greece (59.5 tons)
Austria (18.8 tons)

Imports of Pharmaceutical Goods; Waste Pharmaceuticals in Serbia

In 2022, approx. 206 kg of pharmaceutical goods; waste pharmaceuticalses were imported into Serbia; increasing by 8.4% compared with 2021. In general, imports, however, faced a abrupt slump.

In value terms, pharmaceutical goods; waste pharmaceuticals imports dropped notably to $13 in 2022. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,500%. As a result, imports attained the peak of $16, and then shrank rapidly in the following year.