Why should the world's medicaments exporters prefer no.8 China instead of no.4 UK? Blog-94.
'The best way to predict the future is to create it.'
By Dr. Lade Vedkumar.
For the first time, we are introducing an innovative concept for export generation.
This is a product specific marketing in emerging, rather growing markets.
Many high growth products have magnificent potential in developed, developing or undeveloped countries.
We need to redefine the marketing strategy.
There should be aggressive marketing of a specific product in a rapidly expanding market.
In a neutral market simple marketing is going to work.
Is it possible to predict exactly product wise future export figures?
Can we forecast the size of the growing/bearish market?
Does that help you, if you know the future export size of your competing countries?
Yes, we are masters in these super specialty segments…
Global exports of pharmaceuticals will increase from $608.9 billion to $926.5 billion by 2021 to 2025.
Why should the world's medicaments exporters prefer the USA?
(Share this wisdom)
#medicaments #exports #world
1) The import market for medicaments in the USA will grow from $112.0 billion to $173.3 billion by 2021 to 2025.
Important note:
Best results can be found in the countries having larger value difference between 2021 export and prospects of 2025.
As per above note, the US will create an additional $61.3 billion import space of medicaments.
Why will the USA's medicaments import market increase?
Is it important to understand the wisdom of the above question?
Yes of course, you must always have an eagle eye on competing suppliers in that particular market. Here, the destination market is the US.
Three competing nations in the US market will be Ireland, Germany and Switzerland. Considering the criteria of larger difference between the 2021 exports and prospects by 2025.
This represents the average export values of below countrie's medicaments to the US.
Ireland:
2021: $$23.4 billion dollars,
2025: $39.9 billion dollars.
Germany:
2021: $15.3 billion dollars,
2025: $24.6 billion dollars.
Switzerland:
2021: $16.7 billion dollars,
2025: $25.2 billion dollars.
India's medicaments export position to the US will decrease from 6th place to 12th.
India:
2021: $6.4 billion dollars,
2025: $7.0 billion dollars.
While France's position of medicaments export to the US will boost from 9th to 4th place by 2021-25. Italy will also gain the US market.
2) The Germany's medicaments import market will increase from $52.1 billion to $74.0 billion by 2021-25.
Germany will create additional medicaments import space of $21.9 billion.
Who will be Germany's medicaments import market competitors?
Three competing countries in Germany's medicaments market will be Switzerland, Ireland and France.
These are average export values of below countries medicaments in Germany by 2021 and prospects by 2025.
Switzerland:
2021: $9.8 billion dollars,
2025: $16.7 billion dollars.
Ireland:
2021: $3.6 billion dollars,
2025: $7.7 billion dollars.
France:
2021: $3.1 million dollars,
2025: $6.4 billion dollars.
United States:
2021: $6.2 billion dollars,
2025: $3.2 billion dollars.
The US export of medicaments will decline in Germany by 2021-25.
Why should the world's medicaments exporters prefer no.8 China instead of no.4 UK?
(Share this wisdom)
#medicaments #exports #world
1) The import market for medicaments in China will grow from $22.3 billion to $49.9 billion by 2021 to 2025.
Important note:
Best results can be found in the countries having larger value difference between 2021 export and prospects of 2025.
As per above note, China will create additional medicaments import space of $27.6 billion.
Why will Chinese medicaments import market increase?
Is it important to understand the wisdom of the above question?
Yes of course, you must always have an eagle eye on competing suppliers in that particular market. Here, the destination market is China.
Three competing nations in the Chinese medicaments market will be Germany, Ireland and the US. Considering the criteria of larger difference between the 2021 exports and prospects by 2025.
This represents the average export values of below country's medicaments to the China.
Germany:
2021: $5.3 billion dollars,
2025: $11.2 billion dollars.
Ireland:
2021: $1.2 billion dollars,
2025: $5.6 billion dollars.
United States of America:
2021: $3.8 billion dollars,
2025: $6.7 billion dollars.
Japan:
2021: $1.1 billion dollars,
2025: $454.6 million dollars.
Japan medicaments exports will decline in China by 2021-25.
2) The UK's import market will increase from $30.3 billion to $43.1 billion by 2021-25.
The United Kingdom will create additional medicaments import space of $12.8 billion.
Who will be UK's medicaments import market competitors?
Three competing countries in the UK's medicaments market will be Ireland, Germany and Switzerland.
These are average export values of below countries medicaments in UK by 2021 and prospects by 2025.
Ireland:
2021: $2.9 billion dollars,
2025: $7.2 billion dollars.
Germany:
2021: $5.1 billion dollars,
2025: $9.3 billion dollars.
Switzerland:
2021: $2.8 million dollars,
2025: $4.6 billion dollars.
United States of America:
2021: $3.0 billion dollars,
2025: $1.7 billion dollars.
The US export of medicaments will decline in the UK by 2021-25.
Interesting Comparison:
Comparison of countries having larger value difference between 2021 export and prospects of 2025 Vs countries with smaller value difference between 2021-25.
China +27.6 bn Vs UK +12.8 bn (relatively saturated market in the next 5 years)
"Now consider the scenario where you are not familiar with the above insight. Even though you are efficiently marketing in United Kingdom and simply marketing in China. You don't grow in both scenarios. If you have the complete insight. You can generate additional export revenue at a great pace"
That's the 'Power of Knowledge'
Medicaments Top Importing Sub-Regions, By 2021-2025?
EU & West Europe:
2021: $306.9 bn,
2025: $447.3 bn.
Why should the world's steroid exporters prefer no.6 China instead of no.5 Germany ?
(Share this wisdom)
#pharmaceutical #steroids #export #world
The world market for steroids will increase from $22.8 billion to $37.8 billion by 2021-2025.
1) The import market for steroids in China will grow from $1.1 billion to $2.3 billion by 2021 to 2025.
Important note:
Best results can be found in the countries having larger value difference between 2021 export and prospects of 2025.
As per above note, China will create additional steroids import space of $1.2 billion.
Why will China's steroids import market increase?
Is it important to understand the wisdom of the above question?
You must always have an eagle eye on your competitor country's market. Here, the destination market is China.
Three competing nations in China's steroids import market will be Germany, Austria and France. Considering the criteria of larger difference between the 2021 exports and prospects by 2025.
This represents the average steroids export values of below countries to China.
Germany:
2021: $132.7 million,
2025: $444.3 million
It will nearly triple.
Austria:
2021: $5.6 million,
2025: $202.1 million.
It's a big increase.
France:
2021: $76.2 million,
2025: $265.6 million.
Netherlands:
2021: $189.7 billion,
2025: $75.3 million.
Netherlands steroid exports will lose $114.4 mn in Chinese market by 2021-25.
2) Germany's steroid import market will increase from $1.3 billion to $1.9 billion by 2021-25.
Germany will create additional steroids import space of $600 million.
Who will be Germany's steroids import market competitors?
Three competing countries in Germany's steroids market will be Austria, Netherlands and Switzerland.
These are average export values of below countries steroids in Germany by 2021 and prospects by 2025.
Austria:
2021: $14.5 million,
2025: $485.8 million.
Austria's steroid export to Germany will be very impressive.
Netherlands:
2021:80.3 $ million,
2025: $161.1 million.
Switzerland:
2021: $269.9 million,
2025: $326.3 million.
France:
2021: $258.1 billion,
2025: $265.9 million.
The French export of steroids to Germany will be saturated.
Interesting Comparison:
Comparison of countries having larger value difference between 2021 export and prospects of 2025 Vs countries with smaller value difference between 2021-25.
China +1.2 bn Vs Germany 600 mn (relatively saturated market in the next 5 years)
"Now consider the scenario where you are not familiar with the above insight. Even though you are efficiently marketing in Germany and simply marketing in China. You don't grow in both scenarios. If you have the complete insight. You can generate additional export revenue at a great pace"
That's the 'Power of Knowledge'
Steroids Top Importing Sub-Regions, By 2021-2025?
EU & West Europe:
2021: $13.0 bn,
2025: $19.7 bn.
Exclusive conclusion:
Steroids export market needs aggressive marketing in China and other fast-growing markets. In saturated markets, simple marketing will work.
We have enlightened two countries in the above valuable content.
We can offer an exclusive written report or we can deliver a one-day workshop to the pharmaceutical association or Chamber of Commerce.
What's in it for me in the report/workshop?
What will be the most amazing countries by 2021 to 2025 that will contribute $37.8 bn enormous steroids import demand?
Why will the largest steroids importer market increase from $3.4 bn to $7.2 bn by 2021-25?
Why should the world's steroid exporters favour the USA over Switzerland?
What will be your country specific steroids top export markets by 2021-25?
The Post Covid era has drastically changed the demand and supply equation of most countries. It's surprising to see the emerging rather, growing market demand.
As I always say.
'The best prospects are hidden in the next five year statistics'
We are capable of demonstrating below product insights.
Medicaments:
1. Vaccine, antisera and blood plasma (VAB).
Why should the world's vaccine exporters prefer no.8 China instead of no.4 United Kingdom?
Why will the biggest VAB importing market increase from $34.8 bn to $53.9 bn?
What will be the top countries contributing $256.8 billion of high import demand by 2021-25?
2. Steroids
Steroids short insight is mentioned in the above section.
3. HS code 300420 Medicaments containing antibiotics, for retail sale.
Why should the world's antibiotics exporters prefer no.3 China instead of no.2 Switzerland?
Why will the biggest antibiotics importer market grow from $2.2 bn to $3.3 bn?
What will be the top countries contributing $24.0 billion of the large import demand by 2021-25?
First six digits indicate HS code.
4. 300432 Medicaments containing corticosteroid hormones, for retail sale
Why should the world's corticosteroid exporters prefer China instead of Japan?
Why will the biggest corticosteroid importer market increase from $1.9 bn to $3.0 bn?
What will be the top countries contributing $14.4 billion of enormous import demand by 2021-25?
5. 300431 Medicaments containing insulin, for retail sale
Why should the world's insulin exporters choose France over Germany?
Why will the biggest insulin importer market increase from $2.3 bn to $3.7 bn?
What will be the top countries contributing $12.2 billion of big import demand by 2021-25?
6. 293500 Sulphonamides.
Why should the world's sulphonamide exporters prefer no.5 Panama instead of no.3 Belgium?
Why will the biggest sulphonamide importing market increase from $3.7 bn to $4.6 bn?
What will be the top sulphonamide countries contributing $13.0 billion of big import demand by 2021-25?
7. 294190 Other antibiotics
Why should the world's antibiotics exporters prefer no.3 India instead of no.1 Italy?
Why will the biggest antibiotics importing market increase from $532.7 mn to $958.4 mn?
What will be the top countries contributing $10.3 billion of the huge import demand by 2021-25?
8. 293719 Polypeptide & (glyco-)protein hormones(PPH) & structural analogues.
Why should the world's PPH exporters prefer Austria instead of France?
Why will the biggest PPH importing market increase from $3.0 bn to $3.7 bn?
What will be the top countries contributing $8.0 billion of the huge import demand by 2021-25?
9. 300450 Medicaments containing (pro)vitamins & derivatives, for retail sale.
Why should the world's Provitamin exporters prefer China instead of Russia?
Why will the biggest Provitamin importing market increase from $318.0 mn to $618.2 mn?
What will be the top Provitamin countries contributing $6.5 billion of huge import demand by 2021-25?
10. 300610 Sterile surgical catgut & tissue adhesives.
Why should the world's catgut exporters prefer the USA over Germany?
Why will the biggest catgut importing market increase from $834.9 mn to $1.2 bn?
What will be the top countries contributing $6.8 billion of import demand by 2021-25?
11. 300410 Penicillins or derivatives.
Why should the world's penicillin exporters prefer no.6 China instead of no.2 Saudi Arabia?
Why will the biggest penicillin importing market increase from $486.6 mn to $738.9 mn?
What will be the top countries contributing $5.5 billion of growing penicillin import demand by 2021-25?
12. 300190 Dried glands, heparin & other human/animal substances.
Why should the world's heparin exporters prefer Singapore instead of the USA?
Why will the biggest heparin importing market increase from $874.5 mn to $1.3 bn?
What will be the top countries contributing $5.2 billion of decent heparin import demand by 2021-25?
13. 300510 Adhesive dressings & other articles having an adhesive layer.
Why should the world's adhesive exporters prefer Germany instead of France?
Why will the biggest adhesive importing market increase from $653.2 mn to $1.0 bn?
What will be the top countries contributing $5.9 billion of immense adhesive import demand by 2021-25?
14. 300230 Veterinary vaccine.
Why should the world's veterinary vaccine exporters prefer no.11 Viet Nam instead of no.4 Germany?
Why will the biggest veterinary vaccine importing market increase from $195.9 mn to $347.7 mn?
What will be the top countries contributing $5.4 billion of the large import demand by 2021-25?
15. 300590 Wadding, gauze, bandages.
Why should the world's wadding exporters prefer no.4 Belgium instead of no.3 France?
Why will the biggest wadding importing market increase from $639.5 mn to $991.5 mn?
What will be the top countries contributing $6.3 billion of wadding vast import demand by 2021-25?
16. 300630 Opacifying preparations & diagnostic reagents.
Why should reagent exporters prefer no.4 Japan instead of no.3 France?
Why will the biggest reagents importing market increase from $947.0 mn to $1.5 bn?
What will be the top countries contributing $5.0 billion of reagent great import demand by 2021-25?
Note: All the values are in an USA dollar. Prices may vary as per the market demand and dollar value fluctuation. 2021's average export value can be equivalent to or lower than export values recorded in other trade databases. The average value is the essence of the reliable reports of the last five years. Six digit HS code was used for the above insight as it is standard protocol HS code.
Email:
'Professionals work. Experts create results. Authorities predict the future. DECIDE which one you are going to follow'
Research source:
1. World Trade Organization, Trade forecast.
2. World Bank WITS.
3. International Trade Centre.
Research access duration June 2021.
© 2021-25 Future Export Vision.
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