Earlier Report Observations
Production of packed retail sale medicaments containing other antibiotics in Greece increased from 106.8 million USD in 2018 to 129.9 million USD in 2020. The domestic market size contracted to 73.2 million USD in 2019 before rebounding to 101.9 million USD in 2020, reflecting volatility in net trade flows.
Import values fluctuated significantly, reaching a peak of 209.9 million USD in 2022 before declining to 121.9 million USD by 2024. Exports showed overall growth, rising from 149.7 million USD in 2018 to 194.1 million USD in 2024, indicating sustained external demand. Greek export activity for these medicaments remained substantial in 2024, underscoring the market's integration within EU trade patterns.
Underlying demand for antibiotic medicaments in Greece demonstrated steadiness, supported by broader EU regulatory frameworks. The period did not feature major country-specific legislative shifts or disruptive market events for this product category.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators
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4.1. In value
- 4.1.1. Production, 2018-2020
- 4.1.2. Imports, 2018-2024
- 4.1.3. Exports, 2018-2024
- 4.1.4. Market size, 2018-2020
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4.1. In value
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5. Production
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5.1. Production in Greece
- 5.1.1. In value, 2018-2020, M $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In value, 2018-2024, M $ US
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5.1. Production in Greece
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Greece in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Greece by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, M $ US
- 6.1.3.1. Annual dynamics of product's imports to Greece in value, 2018-2024, M $ US
- 6.1.3.2. Dynamics of product's imports in value to Greece by countries, 2018-2024, M $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Greece, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Greece by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Greece in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Greece by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, M $ US
- 6.2.3.1. Annual dynamics of product's imports to Greece in value, 2018-2024, M $ US
- 6.2.3.2. Dynamics of product's imports in value to Greece by countries, 2018-2024, M $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Greece, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Greece by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Greece in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Greece by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, M $ US
- 7.1.3.1. Annual dynamics of product's exports from Greece in value, 2018-2024, M $ US
- 7.1.3.2. Dynamics of product's exports in value from Greece by countries, 2018-2024, M $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Greece, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Greece by countries, 2018-2024, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Greece in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Greece by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, M $ US
- 7.2.3.1. Annual dynamics of product's exports from Greece in value, 2018-2024, M $ US
- 7.2.3.2. Dynamics of product's exports in value from Greece by countries, 2018-2024, M $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Greece, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Greece by countries, 2018-2024, $ US/kg
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, M $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, M $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production for retail sale medicaments with other antibiotics in Greece
In value, 2017-2020, M $ US
Greece's production of retail sale medicaments containing other antibiotics has increased for the third consecutive year. In 2020, output was valued at 129.9 million US dollars, marking a 10.6% rise compared to the previous year. Between 2017 and 2020, production grew by 41.6%, which translates to an annualized rate of 12.3%.
Annual dynamics of production in Greece in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 16.5% | 10.0% | 10.6% | 12.3% |
Exports for retail sale medicaments with other antibiotics from Greece
Exports in kind, t
The volume of retail sale medicaments with other antibiotics exported from Greece declined for the second consecutive year. In 2020, exports reached 1 496 tonnes, down by 15.0% from the previous year. Between 2017 and 2020, exports decreased by 11.9%, equating to an annualized rate of 4.1%. The highest volume was recorded in 2018 at 1 767 tonnes, with the largest increase of 4.1% also occurring that year.
Annual dynamics of product's exports from Greece in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 4.1% | (0.4%) | (15.0%) | (4.1%) |
From 2017 to 2020, exports in kind of retail sale medicaments with other antibiotics from Greece showed limited concentration. Switzerland accounted for 14.0% of exports, Vietnam for 8.5%, and Iraq for 7.7%, with these three countries together capturing only 30.2% of total flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Greece in kind, 2017-2020
Exports in value, M $ US
Foreign supplies of retail sale medicaments with other antibiotics from Greece increased for the third consecutive year. In 2020, Greece exported 187.4 million US dollars worth of these medicaments, which is 17.3% higher than the previous year. Between 2017 and 2020, exports rose by 31.8%, representing an annualized rate of 9.6%.
Annual dynamics of product's exports from Greece in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 5.3% | 6.8% | 17.3% | 9.6% |
Data from 2017 to 2020 indicate that exports in value terms of retail sale medicaments with other antibiotics from Greece were not heavily concentrated. Germany accounted for 28.1% of exports, the United Kingdom for 13.2%, and the Netherlands for 8.0%, with these three countries jointly making up 49.2% of total flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Greece in value, 2017-2020
Imports for retail sale medicaments with other antibiotics to Greece
Imports in kind, t
Greece's imports of retail sale medicaments with other antibiotics increased for the third consecutive year. In 2020, imports were recorded at 1 673 tonnes, representing a steep rise of 50.0% compared to 2019. Between 2017 and 2020, imports grew by 78.3%, equating to an annualized rate of 21.3%.
Annual dynamics of product's imports to Greece in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 7.4% | 10.7% | 50.0% | 21.3% |
Throughout 2017 to 2020, Spain, Italy, and Belgium remained the main sources for imports in kind of retail sale medicaments with other antibiotics to Greece. Spain accounted for 23.2% of imports, Italy for 20.1%, and Belgium for 10.5%, with these three countries jointly taking 53.9% of total flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Greece in kind, 2017-2020
Imports in value, M $ US
After a two-year decline, cross-border shipments of retail sale medicaments with other antibiotics to Greece increased. In 2020, imports came to 159.4 million US dollars, representing a sharp increase of 38.0% over the past year. The lowest value was recorded in 2019 at 115.6 million US dollars, with the largest decline of 16.2% also occurring that year.
Annual dynamics of product's imports to Greece in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (13.4%) | (16.2%) | 38.0% | 0.0% |
From 2017 to 2020, the leading destinations for imports in value terms of retail sale medicaments with other antibiotics to Greece were Ireland, Italy, and France. Ireland accounted for 39.8% of imports, Italy for 16.8%, and France for 9.8%, with these three countries jointly accounting for 66.4% of total flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Greece in value, 2017-2020
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