The Netherlands leads Europe's export of basic pharmaceutical products by kilograms, followed by Germany and France. With a stable growth rate, Germany recorded a 2.93% increase in 2023, while France showed significant growth at 19.06%. Other notable increases were seen in Denmark (17.04%) and Greece (16.78%). However, the UK and Italy experienced declines, indicating a shift in production or market focus. Emerging growth in Lithuania and Estonia suggests potential new players in this market.
Future trends to watch in the European export market for basic pharmaceutical products include:
- The impact of regulatory changes post-Brexit on the UK’s market share.
- Germany's potential to overtake the Netherlands with its consistent growth.
- Emerging markets in Lithuania and Estonia showing significant potential.
- Increased production in Denmark and Greece leveraging technological advances and efficiencies.
Top countries in Export of Basic Pharmaceutical Products Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 24.16 | 2023 | +4.14% | +2.72% | View data |
| 2 | 2 Germany | 21.48 | 2023 | +0.95% | +2.93% | View data |
| 3 | 3 France | 14.16 | 2023 | +2.54% | +19.06% | View data |
| 4 | 4 Belgium | 10.6 | 2023 | +3.14% | +1.39% | View data |
| 5 | 5 Spain | 6.06 | 2023 | +1.64% | +5.71% | View data |
| 6 | 6 United Kingdom | 5.23 | 2023 | +0.42% | -2.93% | View data |
| 7 | 7 Poland | 5.19 | 2023 | +6.27% | +4.83% | View data |
| 8 | 8 Italy | 3.81 | 2023 | +4.81% | -0.71% | View data |
| 9 | 9 Austria | 2.02 | 2023 | -1.06% | -1.16% | View data |
| 10 | 10 Lithuania | 1.43 | 2023 | +5.47% | +5.38% | View data |
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