Between 2013 and 2023, the contraceptives market in Moldova showed varied growth trends. Most notably, from a market size of $1.7658 million in 2013, the market reached $2.0445 million in 2023. A significant decline occurred in 2017 with a 16.55% drop, followed by a period of recovery. Recent data from 2021 to 2023 highlights moderate growth, marked by year-on-year increases of 9.91% in 2021, 0.82% in 2022, and 0.81% in 2023. The five-year CAGR leading up to 2023 was 2.57%, signaling consistent growth.
Looking ahead, future trends to monitor include the ongoing development of innovative hormonal contraceptive options, increased awareness, and accessibility among the Moldovan population. As consumer preferences evolve, the market might witness shifts towards new formats and methods, potentially influencing both growth and product offerings.
How does Moldova rank in Contraceptives (Based on Hormones or Spermicides) Market Size Value?
| # | 17 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 483,630,000 | 2023 | -0.78% | -0.58% | View data |
| 2 | 2 Argentina | 368,560,000 | 2023 | +2.14% | +3.2% | View data |
| 3 | 3 Italy | 242,670,000 | 2023 | -8.82% | -9.17% | View data |
| 4 | 4 Spain | 214,090,000 | 2023 | -11.7% | -7.16% | View data |
| 5 | 5 Chile | 123,060,000 | 2023 | -0.61% | -1.89% | View data |
| 15 | 15 Greece | 7,403,600 | 2023 | -12.99% | -9.03% | View data |
| 16 | 16 Bulgaria | 6,396,000 | 2023 | -0.93% | -0.79% | View data |
| 17 | 17 Moldova | 2,044,500 | 2023 | +0.81% | +2.57% | |
