Expenditure on pharmaceutical products in the United Kingdom 2005-2020
Consumers in the United Kingdom (UK) spent approximately 12 billion British pounds on pharmaceutical products in 2020. Since 2012 consumer spending in this market has more than doubled and increased year-on-year in the provided time interval.
What is the British public purchasing?
The OTC medicine category which garnered the highest sales value in 2020 was pain relief at nearly 660 million British pounds. While cough, cold and sore throat medication had a sales value of approximately 344 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 2020, the UK imported over 4.5 billion British pounds worth of pharmaceutical products from the Netherlands. Thus, 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 2020 was pain relief at nearly 660 million British pounds. While cough, cold and sore throat medication had a sales value of approximately 344 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 2020, the UK imported over 4.5 billion British pounds worth of pharmaceutical products from the Netherlands. Thus, the Netherlands had the highest value of pharmaceutical products imported into the UK, followed by Germany and then Belgium.
