The European Basic Pharmaceutical Products and Pharmaceutical Preparations Turnover Index reveals that Belgium, Greece, and Denmark are leading with significant turnover values, indicating a robust pharmaceutical sector in these countries. Over the past year, Belgium and Greece exhibited strong year-on-year growth of 15.88% and 15.25% respectively. Germany and Italy, while large economies, showed modest growth rates of 4.9% and 3.06%, respectively. Notably, Lithuania experienced a decline of 3.93% in 2022, highlighting potential issues in its pharmaceutical turnover.
Looking towards the future, trends to watch include:
- Innovations in biotechnology and personalized medicine driving growth in leading countries.
- Potential recovery in Lithuanian turnover alongside improved EU-wide healthcare policies.
- Impact of regulatory changes and market adaptations post-pandemic on European pharmaceutical dynamics.
Top countries in Basic Pharmaceutical Products and Pharmaceutical Preparations Turnover Index by Country
| # | 10 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 332.3 | 2022 | +26.25% | +15.88% | View data |
| 2 | 2 Greece | 212.1 | 2022 | +14.65% | +15.25% | View data |
| 3 | 3 Denmark | 177.9 | 2022 | +27.07% | +8.59% | View data |
| 4 | 4 Macedonia | 175.4 | 2022 | +11.01% | +9.29% | View data |
| 5 | 5 Portugal | 162.9 | 2022 | +8.89% | +9.26% | View data |
| 6 | 6 Norway | 156 | 2022 | +5.05% | +5.85% | View data |
| 7 | 7 Switzerland | 152.9 | 2022 | +11.2% | +6.94% | View data |
| 8 | 8 Czech Republic | 150.3 | 2022 | +13.01% | +6.75% | View data |
| 9 | 9 Romania | 149.6 | 2022 | +16.97% | +8.76% | View data |
| 10 | 10 France | 144.7 | 2022 | +8.31% | +6.24% | View data |
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