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

Contents:

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

Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Estonia (FOB) - 2023

In November 2023, the average export price for pharmaceutical goods; appliances identifiable for ostomy uses amounted to $94,042 per ton, picking up by 508% against the previous month. In general, the export price saw a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Lithuania ($107K per ton), while the average price for exports to Latvia amounted to $51,008 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+12.8%).

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

The average import price for pharmaceutical goods; appliances identifiable for ostomy uses stood at $81,204 per ton in November 2023, declining by -4.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. The pace of growth was the most pronounced in June 2023 when the average import price increased by 21% m-o-m. As a result, import price reached the peak level of $88,843 per ton. From July 2023 to November 2023, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Poland.

From November 2022 to November 2023, the rate of growth in terms of prices for Poland amounted to +1.3% per month.

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

In 2022, shipments abroad of pharmaceutical goods; appliances identifiable for ostomy uses decreased by -7.3% to 82 tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 25%. As a result, the exports reached the peak of 100 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 reduced to $6.9M in 2022. The total export value increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 15% against the previous year.

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

1. Lithuania (61.5 tons)
2. Latvia (20.2 tons)

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

In 2022, supplies from abroad of pharmaceutical goods; appliances identifiable for ostomy uses decreased by -18.1% to 97 tons, falling for the second year in a row after two years of growth. Overall, total imports indicated a tangible expansion from 2019 to 2022: its volume increased at an average annual rate of +3.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -30.6% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 61% against the previous year. As a result, imports reached the peak of 139 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of pharmaceutical goods; appliances identifiable for ostomy uses reached $6.3M in 2022. The total import value increased at an average annual rate of +6.8% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 12%. Imports peaked in 2022 and are likely to continue growth in years to come.

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

1. Poland (93.1 tons)
2. Denmark (2.1 tons)

Source: IndexBox Market Intelligence Platform