Turnover of pharmaceutical markets in Central and Eastern Europe 2018

Poland was by far the leading pharmaceutical market in Central and Eastern Europe in 2018, with a turnover of over 6.1 billion euros. With a pharmaceutical market turnover of almost 3.3 billion euros in this year, Romania was ranked second. Additionally, Czechia had a turnover of around 2.5 billion euros.

Still far behind the Western European powerhouses

Germany’s pharmaceutical market had a turnover of over 41.5 billion euros in 2018, the largest in Europe for that year. France and Italy had turnovers of 28.5 billion and 26.8 billion euros respectively. Poland’s turnover was still enough to place it at sixth highest of Europe.

Polish pharmaceutical trade

The value of Polish pharmaceutical exports has significantly increased in recent years. In 2008, the export value of pharmaceutical products stood at approximately 1.1 billion euros, but by 2018 it came to over 3.2 billion euros. In 2018, the value of pharmaceutical products imported into Poland was worth approximately 6.4 billion euros. Although this has also increased, it has not done so at a such a quick rate as the export value.

Turnover of pharmaceutical markets in Central and Eastern Europe in 2018

Turnover in million euros
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Source

Release date

December 2019

Region

Europe

Survey time period

2018

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