Price for Pharmaceutical Goods; Waste Pharmaceuticals in the UK - 2023

Contents:

  1. Price for Pharmaceutical Goods; Waste Pharmaceuticals in the UK (FOB) - 2022
  2. Price for Pharmaceutical Goods; Waste Pharmaceuticals in the UK (CIF) - 2022
  3. Exports of Pharmaceutical Goods; Waste Pharmaceuticals in the UK
  4. Imports of Pharmaceutical Goods; Waste Pharmaceuticals in the UK

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

The average pharmaceutical goods; waste pharmaceuticals export price stood at $97,996 per ton in 2022, surging by 64% against the previous year. Over the period under review, the export price continues to indicate a measured increase. The most prominent rate of growth was recorded in 2019 an increase of 180%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($432,149 per ton), while the average price for exports to Gibraltar ($15,779 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 Denmark (+228.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average pharmaceutical goods; waste pharmaceuticals import price amounted to $15,656 per ton, waning by -13.6% against the previous year. Overall, the import price saw a abrupt descent. The pace of growth appeared the most rapid in 2020 an increase of 200% against the previous year. The import price peaked at $158,993 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($38,983 per ton), while the price for the United States ($5,888 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+20.1%), while the prices for the other major suppliers experienced a decline.

Exports of Pharmaceutical Goods; Waste Pharmaceuticals in the UK

Pharmaceutical goods; waste pharmaceuticals exports from the UK contracted sharply to 15 tons in 2022, waning by -71.7% against 2021 figures. Over the period under review, exports continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2021 when exports increased by 56%. As a result, the exports reached the peak of 54 tons, and then fell notably in the following year.

In value terms, pharmaceutical goods; waste pharmaceuticals exports contracted markedly to $1.5M in 2022. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 104% against the previous year. As a result, the exports attained the peak of $3.2M, and then fell markedly in the following year.

Export of Pharmaceutical Goods; Waste Pharmaceuticals in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland1.317.419.6953801.7%
DenmarkN/AN/A3.32346990.9%
MexicoN/A9.51.5113244.9%
FranceN/AN/A21.134.061.1%
United States24986.438.726.7-52.5%
Turkey28.61.963.622.7-7.4%
Gibraltar44.411.52619.3-40.6%
GermanyN/AN/A15.83.0-81.0%
Hong Kong SAR38523019.22.6-81.1%
BelgiumN/AN/A5922.0-99.7%
SeychellesN/A57.13.01.5-83.8%
Nigeria63.418.76.8N/A-67.3%
Singapore2631454.8N/A-86.5%
Others4909982,17191.8-42.8%
Total1,5241,5763,2221,494-0.7%

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

  1. Belgium (undefined tons)
  2. Hong Kong SAR (undefined tons)
  3. Mexico (6.6 tons)
  4. Switzerland (2.2 tons)
  5. Denmark (2.0 tons)
  6. France (2.0 tons)
  7. Gibraltar (0.6 tons)
  8. Turkey (0.5 tons)
  9. United States (0.3 tons)
  10. Germany (0.3 tons)
  11. Seychelles (0.1 tons)

Imports of Pharmaceutical Goods; Waste Pharmaceuticals in the UK

In 2022, the amount of pharmaceutical goods; waste pharmaceuticalses imported into the UK soared to 653 tons, rising by 305% compared with 2021 figures. Overall, imports, however, faced a deep reduction.

In value terms, pharmaceutical goods; waste pharmaceuticals imports surged to $10M in 2022. In general, imports showed a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Pharmaceutical Goods; Waste Pharmaceuticals in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/AN/AN/A6.40%
Russia1.50.10.21.4-2.3%
United States0.20.20.21.176.5%
ItalyN/AN/AN/A0.20%
Latvia4.90.9N/AN/A-81.6%
IranN/AN/AN/AN/A0%
Others0.60.32.51.122.4%
Total7.31.62.910.211.8%

Top Suppliers of Pharmaceutical Goods; Waste Pharmaceuticals to the UK in 2022:

  1. Belgium (382.0 tons)
  2. United States (194.7 tons)
  3. Russia (36.8 tons)
  4. Italy (23.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Pharmaceutical goods; waste pharmaceuticals - United Kingdom