Pharmaceutical Goods Price in the Netherlands - 2023
Contents:
- Pharmaceutical Goods Price in the Netherlands (CIF) - 2022
- Pharmaceutical Goods Price in the Netherlands (FOB) - 2023
- Pharmaceutical Goods Imports in the Netherlands
- Pharmaceutical Goods Exports in the Netherlands
Pharmaceutical Goods Price in the Netherlands (CIF) - 2022
The average pharmaceutical goods import price stood at $124,687 per ton in 2022, surging by 17% against the previous year. In general, the import price recorded buoyant growth. The most prominent rate of growth was recorded in 2019 an increase of 40% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($268,961 per ton), while the price for China ($10,514 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Pharmaceutical Goods Price in the Netherlands (FOB) - 2023
The average pharmaceutical goods export price stood at $101K per ton in June 2023, almost unchanged from the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 when the average export price increased by 27% month-to-month. Over the period under review, the average export prices attained the peak figure at $108K per ton in August 2022; however, from September 2022 to June 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Russia ($309K per ton), while the average price for exports to Germany ($28,773 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Pharmaceutical Goods Imports in the Netherlands
In 2022, after three years of growth, there was significant decline in overseas purchases of pharmaceutical goodses, when their volume decreased by -6.7% to 18K tons. The total import volume increased at an average annual rate of +9.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 23%.
In value terms, pharmaceutical goods imports rose markedly to $2.2B in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.7% 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 +75.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 42%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.
| Import of Pharmaceutical Goods in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 516 | 929 | 934 | 1,018 | 25.4% |
| Germany | 188 | 239 | 253 | 357 | 23.8% |
| Italy | 42.4 | 139 | 261 | 233 | 76.5% |
| United States | 184 | 151 | 145 | 141 | -8.5% |
| Belgium | 57.0 | 55.7 | 67.5 | 89.9 | 16.4% |
| Lithuania | 4.8 | 37.0 | 58.3 | 70.5 | 144.9% |
| France | 42.0 | 53.1 | 60.4 | 64.9 | 15.6% |
| Denmark | 48.6 | 59.4 | 57.3 | 54.5 | 3.9% |
| Slovakia | 26.2 | 0.3 | 41.1 | 32.4 | 7.3% |
| Dominican Republic | 47.5 | 41.8 | 44.2 | 29.9 | -14.3% |
| United Kingdom | 22.3 | 15.6 | 18.8 | 14.5 | -13.4% |
| China | 7.0 | 6.6 | 7.9 | 10.9 | 15.9% |
| Portugal | 3.1 | 6.3 | 7.5 | 7.0 | 31.2% |
| Others | 78.9 | 70.1 | 90.7 | 104 | 9.6% |
| Total | 1,267 | 1,804 | 2,046 | 2,227 | 20.7% |
Top Suppliers of Pharmaceutical Goods to the Netherlands in 2022:
- Ireland (4.7K tons)
- Germany (3.0K tons)
- United States (1.4K tons)
- Lithuania (1.1K tons)
- China (1.0K tons)
- Belgium (1.0K tons)
- Italy (0.9K tons)
- Denmark (0.8K tons)
- Dominican Republic (0.8K tons)
- Slovakia (0.7K tons)
- France (0.6K tons)
- Portugal (0.5K tons)
- United Kingdom (0.5K tons)
Pharmaceutical Goods Exports in the Netherlands
In 2022, shipments abroad of pharmaceutical goodses decreased by -2.5% to 13K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +13.1% 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 2020 with an increase of 42%.
In value terms, pharmaceutical goods exports reduced to $1.6B in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -14.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 108%. As a result, the exports reached the peak of $1.9B. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Pharmaceutical Goods in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 76.0 | 287 | 532 | 528 | 90.8% |
| Germany | 190 | 324 | 253 | 180 | -1.8% |
| United Kingdom | 136 | 213 | 157 | 146 | 2.4% |
| France | 73.7 | 129 | 76.6 | 63.7 | -4.7% |
| Italy | 64.2 | 127 | 79.8 | 55.1 | -5.0% |
| Spain | 39.1 | 83.7 | 52.4 | 41.0 | 1.6% |
| Belgium | 34.2 | 61.7 | 41.9 | 34.9 | 0.7% |
| Poland | 34.7 | 58.1 | 33.4 | 24.3 | -11.2% |
| Australia | 13.1 | 34.5 | 40.2 | 23.9 | 22.2% |
| Denmark | 24.4 | 43.8 | 38.9 | 22.9 | -2.1% |
| Sweden | 22.0 | 47.5 | 28.3 | 21.7 | -0.5% |
| Austria | 17.4 | 35.2 | 23.7 | 14.8 | -5.3% |
| Others | 194 | 465 | 442 | 478 | 35.1% |
| Total | 919 | 1,909 | 1,799 | 1,635 | 21.2% |
Top Export Markets for Pharmaceutical Goods from the Netherlands in 2022:
- Germany (3.1K tons)
- United Kingdom (1.4K tons)
- Italy (0.9K tons)
- France (0.9K tons)
- Belgium (0.9K tons)
- Poland (0.7K tons)
- Spain (0.7K tons)
- United States (0.4K tons)
- Denmark (0.3K tons)
- Sweden (0.3K tons)
- Australia (0.2K tons)
- Austria (0.2K tons)
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