Austria: Antibiotic Market 2024

Antibiotic Market Size in Austria

In 2022, after two years of decline, there was significant growth in the Austrian antibiotic market, when its value increased by X% to $X. Overall, consumption, however, continues to indicate a abrupt descent. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Antibiotic Production in Austria

In value terms, antibiotic production reduced to $X in 2022 estimated in export price. Over the period under review, production showed a pronounced descent. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Antibiotic production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Antibiotic Exports

Exports from Austria

In 2022, exports of antibiotics from Austria shrank rapidly to X tons, which is down by X% against the year before. In general, exports saw a sharp contraction. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, antibiotic exports reduced remarkably to $X in 2022. Over the period under review, exports recorded a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Italy (X tons) was the main destination for antibiotic exports from Austria, with a X% share of total exports. Moreover, antibiotic exports to Italy exceeded the volume sent to the second major destination, the Netherlands (X kg), fivefold. India (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Italy stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and India (X% per year).

In value terms, Portugal ($X), India ($X) and Italy ($X) were the largest markets for antibiotic exported from Austria worldwide, with a combined X% share of total exports.

Portugal, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average antibiotic export price amounted to $X per ton, jumping by X% against the previous year. Overall, the export price, however, showed a mild slump. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($X per ton), while the average price for exports to Italy ($X 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 Portugal (X%), while the prices for the other major destinations experienced mixed trend patterns.

Antibiotic Imports

Imports into Austria

In 2022, supplies from abroad of antibiotics decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, imports faced a sharp downturn. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, antibiotic imports fell sharply to $X in 2022. In general, imports faced a dramatic contraction. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of antibiotic to Austria, accounting for a X% share of total imports. Moreover, antibiotic imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X kg), eightfold. The third position in this ranking was held by the United States (X kg), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and the United States (X% per year).

In value terms, Germany ($X) constituted the largest supplier of antibiotics to Austria, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average antibiotic import price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, antibiotic import price increased by X% against 2020 indices. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

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 France ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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