Key Market Indicators
Italy's antiinfective medicine sales are projected to decline to approximately $2.71 billion by 2028, down from around $2.74 billion in 2023, marking an annual decrease of 0.2%. This trend is part of a broader decline observed since 2016, with the market contracting by an average of 4.5% each year. In this sector, Spain, Croatia, and Australia hold the second, third, and fourth positions, respectively. In contrast, Italian antibiotic exports are expected to grow modestly. By 2028, exports are predicted to reach nearly $958 million, up from about $926 million in 2023, reflecting a 0.4% annual growth rate. However, this comes after a long-term downward trend, with exports decreasing by 0.3% per year since 1999. On the import side, Italy is set to see a decline in antibiotic imports, which are forecasted to drop to roughly $1.32 billion by 2028, from approximately $1.35 billion in 2023, translating to an annual decrease of 0.5%. Since 1999, the country's demand for imported antibiotics has fallen by an average of 1.1% per year.