Key Market Indicators
Iceland's insulin import is projected to drop to $670,000 by 2028, down from approximately $750,000 in 2023. This marks an average annual decrease of 1.9%. Since 1993, the country's demand for insulin has been declining at an average rate of 1.2% per year. In terms of exports, Iceland experienced a significant plunge in 2018. The value of insulin exports fell to $700 from $3,100 in 2017, a staggering 77% decrease.