The pharmaceutical goods market in Belarus exhibited fluctuations over the past decade, marked by a peak in 2021 at $79.099 million, followed by a sharp dip in 2022 to $72.315 million. In 2023, the market slightly rebounded, reaching $72.714 million, reflecting a 0.55% year-on-year growth. Over the last five years, the compound annual growth rate (CAGR) was nearly stagnant at -0.028%, indicating minimal average yearly changes during this period.
Future Trends to Watch:
- Potential market stabilization post-2023 as economic conditions evolve.
- Impact of regulatory changes and healthcare investments on market growth.
- Potential influence of global pharmaceutical supply chain dynamics.
| # | 41 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 3,945,000,000 | 2023 | +1.25% | +1.12% | View data |
| 2 | 2 Germany | 3,201,100,000 | 2023 | -1.13% | -2.07% | View data |
| 3 | 3 France | 2,232,000,000 | 2023 | -2.43% | -2.05% | View data |
| 4 | 4 Italy | 1,865,500,000 | 2023 | -1.63% | -2.55% | View data |
| 5 | 5 United Kingdom | 1,766,700,000 | 2023 | -1.52% | -0.63% | View data |
| 31 | 31 Guatemala | 78,755,000 | 2023 | +4.48% | -0.61% | View data |
| 32 | 32 Croatia | 78,300,000 | 2023 | -0.78% | -1.52% | View data |
| 33 | 33 Belarus | 72,714,000 | 2023 | +0.55% | -0.028% | |
| 34 | 34 Lithuania | 68,306,000 | 2023 | +3.68% | +4.06% | View data |
| 35 | 35 Nicaragua | 30,404,000 | 2023 | +1.73% | +1.66% | View data |
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