In 2023, Germany led Europe's environmental protection ancillary output in pharmaceutical manufacturing with €72.4 million, while France followed at €69.6 million. Italy, Belgium, and Spain showed positive growth, while Germany and France slightly declined. Significant growth year-on-year was noted in Belgium (4.75%) and Greece (2.13%), with Latvia also showing robust progress. However, Finland experienced complete stagnation, and Slovakia saw a notable decline. Over the last five years, the Compounded Annual Growth Rate (CAGR) will reveal moderate to strong growth trends in several nations.
Future trends to watch:
- Germany and France maintaining leadership but addressing potential decline.
- Growth opportunities in emerging markets like Greece and Latvia.
- Monitoring recovery strategies for Finland and Slovakia.
- Increased adoption of sustainable pharmaceutical practices across Europe.
Top countries in Environmental Protection Related Ancillary Output in All Environmental Protection Activities in Manufacture of Basic Pharmaceutical Products and Pharmaceutical Preparations by the Business Sector by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 72.4 | 2023 | +0.56% | -1.12% | View data |
| 2 | 2 France | 69.6 | 2023 | -0.14% | -0.029% | View data |
| 3 | 3 Italy | 49.9 | 2023 | +1.63% | +1.03% | View data |
| 4 | 4 Belgium | 34.8 | 2023 | +3.88% | +4.75% | View data |
| 5 | 5 Spain | 24.1 | 2023 | +1.26% | +1.03% | View data |
| 6 | 6 Slovenia | 3.3 | 2023 | 0% | 0% | View data |
| 7 | 7 Greece | 1 | 2023 | 0% | +2.13% | View data |
| 8 | 8 Latvia | 0.5 | 2023 | 0% | +4.56% | View data |
| 9 | 9 Slovakia | 0.4 | 2023 | 0% | -7.79% | View data |
| 10 | 10 Finland | 0.11 | 2023 | -100% | View data |
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