Key Market Indicators
Belgium's insulin exports are expected to reach 456,000 kilograms by 2026, growing at an average rate of 3.6% each year. Since 2004, the country has seen a 15.2% year-on-year increase in its supply. In 2021, Belgium was ranked 9th, with Hungary overtaking it with 368,990 kilograms. India, Italy and Germany came in 2nd, 3rd and 4th, respectively. The nation's insulin imports are estimated to hit 895,000 kilograms by 2026, with a year-on-year CAGR of 2.9%. Since 2004, Belgian demand has increased 6.7% yearly. In 2021, Iran came first with 756,190 kilograms, while Belgium was ranked 14th. France, Germany and the United Kingdom took 2nd, 3rd and 4th places respectively.