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Belgium - Vaccines for Human Medicine - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBelgium: Vaccine Market 2024
Vaccine Market Size in Belgium
After two years of growth, the Belgian vaccine market decreased by X% to $X in 2023. In general, consumption recorded a resilient increase. As a result, consumption attained the peak level of $X, and then dropped dramatically in the following year.
Vaccine Production in Belgium
In value terms, vaccine production soared to $X in 2023 estimated in export price. Overall, production, however, continues to indicate a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of X%. Vaccine production peaked at $X in 2016; however, from 2017 to 2023, production stood at a somewhat lower figure.
Vaccine Exports
Exports from Belgium
In 2023, shipments abroad of vaccines for human medicine decreased by X% to X tons for the first time since 2017, thus ending a five-year rising trend. In general, exports, however, enjoyed a prominent increase. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at X tons in 2022, and then declined significantly in the following year.
In value terms, vaccine exports contracted to $X in 2023. Overall, exports, however, recorded significant growth. The growth pace was the most rapid in 2021 with an increase of X%. The exports peaked at $X in 2022, and then reduced in the following year.
Exports by Country
Argentina (X tons) was the main destination for vaccine exports from Belgium, with a X% share of total exports. Moreover, vaccine exports to Argentina exceeded the volume sent to the second major destination, Ghana (X tons), fourfold.
From 2012 to 2023, the average annual growth rate of volume to Argentina amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ghana (X% per year) and the Philippines (X% per year).
In value terms, Ghana ($X), Argentina ($X) and the Philippines ($X) constituted the largest markets for vaccine exported from Belgium worldwide, with a combined X% share of total exports.
In terms of the main countries of destination, Ghana, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average vaccine export price stood at $X per ton in 2023, picking up by X% against the previous year. In general, export price indicated a slight expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The export price peaked at $X,859 per ton in 2014; however, from 2015 to 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Ghana ($X,144 per ton), while the average price for exports to Argentina ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (X%), while the prices for the other major destinations experienced more modest paces of growth.
Vaccine Imports
Imports into Belgium
In 2023, overseas purchases of vaccines for human medicine decreased by X% to X tons, falling for the second year in a row after four years of growth. In general, imports posted pronounced growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. Imports peaked at X tons in 2013; however, from 2014 to 2023, imports remained at a lower figure.
In value terms, vaccine imports totaled $X in 2023. Overall, imports posted resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. Imports peaked in 2023 and are likely to see steady growth in the near future.
Imports by Country
In 2023, the Philippines (X tons) was the main vaccine supplier to Belgium, with a approx. X% share of total imports.
From 2012 to 2023, the average annual rate of growth in terms of volume from the Philippines amounted to X.3%.
In value terms, the Philippines ($X) constituted the largest supplier of vaccines for human medicine to Belgium.
From 2012 to 2023, the average annual growth rate of value from the Philippines stood at X.7%.
Import Prices by Country
In 2023, the average vaccine import price amounted to $X,946 per ton, remaining constant against the previous year. Overall, the import price recorded a moderate expansion. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X,349 per ton in 2018; however, from 2019 to 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the Philippines.
From 2012 to 2023, the rate of growth in terms of prices for the Philippines amounted to X% per year.
Source: IndexBox Platform
This report provides an in-depth analysis of the vaccine market in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 21202140 -
- Prodcom 21202145 - Vaccines for human medicine
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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