Expenditure on pharmaceutical products in the United Kingdom 2005-2018
Consumers in the United Kingdom (UK) spent approximately 7.87 billion British pounds on pharmaceutical products in 2018. Since 2005 consumer spending in this market has more than doubled and increased year-on-year in the provided time interval aside from a small drop in 2015.
What is the British public purchasing?
The OTC medicine category which garnered the highest sales value in 2017/18 was pain relief at 566.5 million British pounds. While cough, cold and sore throat medication had a sales value of approximately 460 million British pounds over the same period. However, the sales value of pain relief products has remained stable over the same time period when spending was increasing on pharmaceutical products.
Import of pharmaceutical products into the UK
In 2017, the UK imported over 23 billion British pounds worth of pharmaceutical products from the rest of the European Union. The Netherlands had the highest value of pharmaceutical products imported into the UK, followed by Germany and then Belgium.
What is the British public purchasing?
The OTC medicine category which garnered the highest sales value in 2017/18 was pain relief at 566.5 million British pounds. While cough, cold and sore throat medication had a sales value of approximately 460 million British pounds over the same period. However, the sales value of pain relief products has remained stable over the same time period when spending was increasing on pharmaceutical products.
Import of pharmaceutical products into the UK
In 2017, the UK imported over 23 billion British pounds worth of pharmaceutical products from the rest of the European Union. The Netherlands had the highest value of pharmaceutical products imported into the UK, followed by Germany and then Belgium.
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Office for National Statistics (UK). (March 29, 2019). Consumer spending on pharmaceutical products in the United Kingdom from 2005 to 2018 (in million GBP)* [Graph]. In Statista. Retrieved October 22, 2019, from https://www.statista.com/statistics/290087/consumer-spending-on-pharmaceutical-products-in-the-united-kingdom-uk/
Office for National Statistics (UK). "Consumer spending on pharmaceutical products in the United Kingdom from 2005 to 2018 (in million GBP)*." Chart. March 29, 2019. Statista. Accessed October 22, 2019. https://www.statista.com/statistics/290087/consumer-spending-on-pharmaceutical-products-in-the-united-kingdom-uk/
Office for National Statistics (UK). (2019). Consumer spending on pharmaceutical products in the United Kingdom from 2005 to 2018 (in million GBP)*. Statista. Statista Inc.. Accessed: October 22, 2019. https://www.statista.com/statistics/290087/consumer-spending-on-pharmaceutical-products-in-the-united-kingdom-uk/
Office for National Statistics (UK). "Consumer Spending on Pharmaceutical Products in The United Kingdom from 2005 to 2018 (in Million Gbp)*." Statista, Statista Inc., 29 Mar 2019, https://www.statista.com/statistics/290087/consumer-spending-on-pharmaceutical-products-in-the-united-kingdom-uk/
Office for National Statistics (UK), Consumer spending on pharmaceutical products in the United Kingdom from 2005 to 2018 (in million GBP)* Statista, https://www.statista.com/statistics/290087/consumer-spending-on-pharmaceutical-products-in-the-united-kingdom-uk/ (last visited October 22, 2019)