Business news from Ukraine

Business news from Ukraine

Pharmacy sales in Ukraine in January-August increased by 13.1% to UAH 125 bln in monetary terms

11 October , 2024  

Pharmacy sales in Ukraine in January-August 2024 increased by 13.1% in monetary terms compared to the same period in 2023 to UAH 125.712 billion, while in physical terms they decreased by 4.5% to almost 700.042 million packages.
Business Credit told Interfax-Ukraine that, according to its research, the weighted average price of pharmacy basket items during this period was UAH 163.25, up 18.47% compared to the same period in 2023.
At the same time, pharmacy sales of medicines in January-August 2024 amounted to UAH 98.565 billion, which is 13.3% more than in the same period in 2023, but in physical terms, pharmacy sales of medicines decreased by 4.9% to 537.982 million packs.
The weighted average retail price of medicines in January-August 2024 amounted to UAH 183.21 per unit, which is 19.22% higher than a year earlier.
Pharmacy sales of dietary supplements increased by 15% in monetary terms to UAH 12.846 billion over the eight months, while physical sales decreased by almost 2% to 64.658 million packs. The weighted average price in this segment in the first half of the year increased by 17.36% compared to the same period in 2023 to UAH 198.68 per unit.
At the same time, in the first half of the year, almost all segments of the pharmacy basket showed negative sales dynamics in physical terms.
As reported, in January-June 2024, pharmacy sales in Ukraine increased by 12.67% in monetary terms compared to the same period in 2023 – to UAH 94.784 billion, while in physical terms they decreased by 4.7% to 583.21 million packs. The weighted average price of pharmacy basket products during this period amounted to UAH 162.52, which is 18.25% more than in the same period of 2023.
At the same time, pharmacy sales of medicinal products in January-June 2024 amounted to UAH 74.258 billion, which is 12.68% more than in the same period of 2023, but in physical terms decreased by 5.13% to 408.796 million packs. The weighted average retail price of medicines in January-June 2024 amounted to UAH 181.65 per unit, which is 18.67% more than a year earlier.