In 2023, Germany led European production volumes of basic pharmaceutical products and pharmaceutical preparations with 35.82 million euros, followed by France at 20.38 million euros, and Italy at 16.78 million euros. Notably, Belgium showed the highest year-on-year growth at 5.45%, while Greece followed with 4.73%. Over the last five years, the sector has demonstrated consistent growth, with significant contributions from established pharmaceutical markets like Germany and emerging players like Belgium.
Looking ahead, key trends include increasing investment in pharmaceutical innovation, the impact of regulatory changes on production efficiency, and potential shifts due to geopolitical factors. Monitoring these trends will be crucial for strategic planning in the pharmaceutical sector.
Top countries in Production Volumes of Basic Pharmaceutical Products and Pharmaceutical Preparations Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 35.82 | 2023 | +1.9% | +0.82% | View data |
| 2 | 2 France | 20.38 | 2023 | +2.14% | +2.87% | View data |
| 3 | 3 Italy | 16.78 | 2023 | +1% | +1.05% | View data |
| 4 | 4 Belgium | 15.52 | 2023 | +3.33% | +5.45% | View data |
| 5 | 5 Netherlands | 3.84 | 2023 | +1.34% | +1.63% | View data |
| 6 | 6 Austria | 2.98 | 2023 | +1.7% | +2.06% | View data |
| 7 | 7 Greece | 1.65 | 2023 | +2.36% | +4.73% | View data |
| 8 | 8 Finland | 1.53 | 2023 | +2.46% | +3.13% | View data |
| 9 | 9 Slovenia | 1.48 | 2023 | +2.23% | +2.36% | View data |
| 10 | 10 Estonia | 0.021 | 2023 | -0.76% | +0.32% | View data |
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