Key Market Indicators
The demand for insulin in Ireland is set to grow over the next five years. It is predicted to increase from 136,850 Kilograms in 2021 to 162,970 Kilograms by 2026, a 3% year on year compound annual growth rate (CAGR). Since 1997, Irish demand has grown by 12.6% year on year. Ireland was the 39th largest importer of insulin in 2021, with Austria overtaking with 136,850 Kilograms. The top four countries in the ranking were France, Germany, the United Kingdom and Ireland. Irish export of insulin saw a decrease in 2018, with 323 Kilograms compared to 505 Kilograms in 2017, a 36% drop from the previous year. Since 1998, Irish supply has increased by 20.9% year on year. Ireland was the 47th largest exporter of insulin in 2018, with Thailand overtaking with 323 Kilograms. India, Italy and Germany respectively were the top three countries in this ranking.
