Business news from Ukraine

Business news from Ukraine

Pharmacy sales in Ukraine increased by 27%

29 November , 2023  

Pharmacy sales in Ukraine in January-October 2023 increased by 26.74% compared to the same period in 2022 to UAH 157.997 billion, in physical terms – by 4.12%, to 1044 million packages.

As Business Credit told Interfax-Ukraine, the weighted average price of pharmacy basket goods in the first ten months of 2023 amounted to UAH 151.23, which is 21.7% more than a year earlier.

Pharmacy sales of medicines in ten months increased by 26.17% to almost UAH 123.604 billion. In physical terms, the retail pharmaceutical market grew by 6.78% to 739.212 million packs. The weighted average retail price of medicines for 10 months of 2023 amounted to UAH 167.21, which is 18.16% more than a year earlier.

As reported, in January-June 2023, pharmacy sales increased by 19% in monetary terms compared to the same period in 2022 – up to UAH 84.126 billion, but in physical terms decreased by 10.4% to 612.11 million packs. The weighted average price of pharmacy basket products in the first half of 2023 amounted to UAH 137.44, which is 33% higher than in the same period of 2022.

Pharmacy sales of medicinal products in the first half of the year amounted to UAH 65.96 billion in monetary terms (up 16.9%), while in physical terms they decreased by 8.12% to 430.899 million packs.