European Sold Production of Basic Pharmaceutical Products by Country

Germany leads European sold production of basic pharmaceutical products in 2024 with 460.06 million kilograms, increasing by 44.53% from 2023. Italy and the Netherlands follow with 93.283 and 90.182 million kilograms respectively, with Italy decreasing by 2.73% while the Netherlands increased by 25.78%. Spain and Austria produced 36.474 and 33.189 million kilograms, with Spain seeing a minor increase of 1.37% and Austria stable at 0.0%. Belgium saw a 5.79% rise to 23.707 million kilograms. Denmark, Finland, and Hungary saw single-digit percentage increases, while France decreased by 13.03% to 8.5956 million kilograms.

Eastern European countries like Romania, which increased by 31.46%, and Lithuania, which increased by 20.48%, indicate budding growth. In contrast, Ireland, Slovakia, and Poland faced declines, with Ireland and Slovakia dropping by over 16%.

Future trends to watch include Germany’s continued dominance, potential growth in Romania and Lithuania, and whether Italy and France can reverse their negative trends. Emerging markets in Eastern Europe should be monitored closely for growth due to their significant year-on-year percentage increases.