Business news from Ukraine

Business news from Ukraine

Pharmacy sales in Ukraine increased by 13% in monetary terms

24 August , 2024  

Pharmacy sales in Ukraine in January-July 2024 increased by 13.15% in monetary terms compared to the same period in 2023 – up to UAH 110.117 billion, while in physical terms it decreased by 4.25% – to 676.9 million packages, Business Credit reported to Interfax-Ukraine.
According to the company’s research, the weighted average price of pharmacy basket items during this period was UAH 162.68, which is 18.18% more than in January-July 2023.
At the same time, pharmacy sales of medicines for the reporting 7 months of 2014 increased by 13.24% compared to the same period in 2023 – to UAH 86.296 billion, but in physical terms decreased by 4.7% – to 473.269 million packs. The weighted average retail price of medicines amounted to UAH 182.34 per unit (+18.82%).
According to Business Credit, in monetary terms, sales of disinfectants demonstrated the highest dynamics in January-July. In monetary terms, their pharmacy sales grew by 21.47% compared to the same period last year to almost UAH 16.855 million, but decreased in physical terms by 7.58% to 155.738 thousand packs. The weighted average price in this segment amounted to UAH 108.23 (+31.44%) over seven months.
Sales of dietary supplements through pharmacy chains in January-July 2024 increased by 16.2% in monetary terms to UAH 11.367 billion, but decreased by 1.3% in physical terms to 57.421 million packs. The weighted average price in this segment increased by 18.73% to UAH 197.97 per unit.
As reported, pharmacy sales in Ukraine in the first half of 2024 increased by 12.67% in monetary terms compared to the same period in 2023 – to UAH 94.784 billion, while in physical terms it decreased by 4.7% to 583.21 million packs.
The weighted average price of pharmacy basket products for this period amounted to UAH 162.52 (+18.25%).
At the same time, sales of medicinal products in pharmacy retail in the first half of this year amounted to UAH 74.258 billion (+12.68%), but in physical terms decreased by 5.13% to 408.796 million packs. The weighted average retail price of medicines in this reporting period amounted to UAH 181.65 per unit (+18.67%).
In 2023, pharmacy sales in Ukraine increased by almost 21.67% in monetary terms compared to 2022, to UAH 174.249 billion, while in physical terms they decreased by 4.76%, to 1.218 billion packs.