Pharma: New Peak for International Trade (and Italian Exports) in Q1-2019

Leading markets for Pharma products include China, due to its aging population and per capita income growth.

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Favorable dynamics of international trade in Pharmaceutical products have been continuing ...

World trade in Pharma products1 continues to show a very positive trend. In the first quarter of this year, worldwide sales2 showed a fresh increase (close to double digits), in the seasonally adjusted euro values (+9.2% year-over-year), and reached a new record high (see Figure 1).
In the same period, Italian pharmaceutical exports3 also showed accelerated growth (+16.3% in nominal values compared to the corresponding quarter of 2018, at +9.3% in seasonally adjusted values), and recording a historic maximum.

Fig. 1 - PHARMA: evolution of world trade
in seasonally-adjusted values (euro) PHARMA: evolution of world trade at seasonally-adjusted values (euro)

Source: ExportPlanning -MarketBarometer

.. with a leading role of the Chinese market.

Fig. 2 - PHARMA: Chinese imports
at seasonally-adjusted values (euro) PHARMA: evolution of Chinese imports at seasonally-adjusted values (euro)

Source: ExportPlanning - MarketBarometer

As shown in Figure 2, sales of pharmaceuticals to China have now registered strong growth for several quarters, thus confirming the opportunities in a market that combines the emergence of a more affluent population with an increasingly aging demography.

1) For a description of the various product categories within in the sector under analysis, see the related classification table.
2) Trends refer to StudiaBo calculations that considered a sample of about 70 reporting countries, representing over 80% of the total global flows.
3) As regards Italian exports, Switzerland, France, Germany, the United Kingdom, the United States and - last but not least - China are the leading markets. For more information, please refer to Exportpedia section.