For retail sale medicaments with other antibiotics market in Portugal

Earlier Report Observations

The market for retail sale medicaments containing other antibiotics in Portugal expanded from 86.8 million US dollars in 2018 to 112.4 million in 2020, driven by rising production and import volumes. Production increased from 124.6 million to 152.5 million over the same period, while imports fluctuated. The market contraction to 103.9 million in 2021 coincided with the DGAV's enhanced data collection on sales of veterinary antimicrobials, which likely tightened oversight and temporarily reduced market volume.

By 2024, the market recovered strongly to 143.2 million US dollars, with production reaching 179.4 million. Import and export flows saw variability, with a notable export surge in 2023. Regulatory changes in 2023, including new rules for retail sales of veterinary medicines and restrictions on distance selling, reshaped distribution channels and may have contributed to the market's growth trajectory in the following year.

Production for retail sale medicaments with other antibiotics in Portugal

In value, 2018-2021, M $ US

After two years of growth, production of retail sale medicaments with other antibiotics in Portugal declined. In 2021, output was valued at 137.0 million US dollars, marking a 10.1% decrease from 2020. Between 2018 and 2021, production increased by 10%, translating to an annualized growth rate of 3.2%. The peak was reached in 2020 at 152.5 million US dollars, while the largest annual increase occurred in 2019 at 20.0%.

Annual dynamics of production in Portugal in value, 2018-2021, M $ US

Exports for retail sale medicaments with other antibiotics from Portugal

Exports in kind, t

Export volumes of retail sale medicaments with other antibiotics from Portugal fell for the third consecutive year. In 2021, exports totaled 2 750 tonnes, a sharp decline of 10.9% compared to the previous year. Over the period from 2018 to 2021, exports decreased by 33.2%, with a compound annual growth rate of -12.6%.

Annual dynamics of product's exports from Portugal in kind, 2018-2021, t

From 2018 to 2021, the United States, Germany, and Switzerland were the core markets for Portugal's exports in kind of retail sale medicaments with other antibiotics. The United States accounted for 25.9% of exports, Germany for 21.6%, and Switzerland for 10.1%, together representing 57.6% of total export volumes.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Portugal in kind, 2018-2021

Exports in value, M $ US

Portugal's export value of retail sale medicaments with other antibiotics declined for the third year in a row. In 2021, exports amounted to 87.1 million US dollars, a 5.1% decrease from the previous year. Between 2018 and 2021, exports fell by 17.4%, with a compound annual growth rate of -6.2%.

Annual dynamics of product's exports from Portugal in value, 2018-2021, M $ US

Between 2018 and 2021, Portugal's export value of retail sale medicaments with other antibiotics was widely distributed across partner countries. The United States accounted for 27.9% of exports, Germany for 13.9%, and Switzerland for 6.1%, together making up 47.8% of total export value.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Portugal in value, 2018-2021

Imports for retail sale medicaments with other antibiotics to Portugal

Imports in kind, t

Following a two-year rise, Portugal's import volume of retail sale medicaments with other antibiotics declined. In 2021, imports stood at 1 292 tonnes, down 11.5% from the prior year. From 2018 to 2021, imports increased by 23.5%, equivalent to an annualized growth rate of 7.3%. The highest volume was recorded in 2020 at 1 459 tonnes, with the largest annual increase also occurring in 2020 at 27.5%.

Annual dynamics of product's imports to Portugal in kind, 2018-2021, t

From 2018 to 2021, Spain, France, and Italy were the leading sources for Portugal's imports in kind of retail sale medicaments with other antibiotics. Spain contributed 40.5% of imports, France 22.2%, and Italy 8.6%, collectively accounting for 71.2% of total import volumes.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Portugal in kind, 2018-2021

Imports in value, M $ US

Portugal's import value of retail sale medicaments with other antibiotics increased for the second consecutive year. In 2021, imports totaled 54.0 million US dollars, a modest rise of 4.5% year-over-year. Between 2018 and 2021, imports decreased by 20.2%, translating to an annualized decline of 7.2%. The lowest value was in 2019 at 46.2 million US dollars, with the largest annual drop of 31.7% also in 2019, while the largest increase occurred in 2020 at 11.8%.

Annual dynamics of product's imports to Portugal in value, 2018-2021, M $ US

Throughout 2018 to 2021, Portugal's import value of retail sale medicaments with other antibiotics was not heavily concentrated on a few key markets. Italy accounted for 18.6% of imports, Spain for 16.0%, and France for 14.2%, together representing 48.8% of total import value.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Portugal in value, 2018-2021