Business news from Ukraine

Pharmacy sales in Ukraine increased by almost 14% in monetary terms

In January-May 2024, pharmacy sales in Ukraine increased by 13.87% in monetary terms compared to the same period in 2023 – to UAH 80.159 billion, while in physical terms they decreased by 4.2% to 491.363 million packs.

According to Business Credit, according to its research, the weighted average price of pharmacy basket goods during this period was UAH 163.14, which is 18.86% more than in the same period in 2023.

At the same time, pharmacy sales of medicines in January-May 2024 amounted to UAH 62.827 billion, which is 13.72% more than in the same period in 2023, but in physical terms, pharmacy sales of medicines decreased by 4.45% to 345.722 million packs.

The weighted average retail price of medicines in January-May 2024 amounted to UAH 181.73 per unit, which is 19% higher than a year earlier.

In addition, according to Business Credit, in monetary terms, pharmacy sales of medical cosmetics showed the highest dynamics in January-May 2024, which increased by 20.72% to almost UAH 2.035 billion, while in physical terms, pharmacy sales in this segment increased by 10.87% to 11.483 million packs. The weighted average price in this segment amounted to UAH 177.2 in the first five months of the year, which is 8.88% higher than a year earlier.

In addition, dietary supplements are among the leaders in pharmacy sales, which grew by 20% in monetary terms to UAH 8.514 billion, but in physical terms remained at the last year’s level – 43.208 million packs (up 0.97%).

As reported, 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. The weighted average price of pharmacy sales last year amounted to UAH 142.96 per unit, which is 27.75% more than in 2022. At the same time, sales of medicinal products in pharmacies increased by 19.69% in monetary terms to UAH 136.246 billion, while sales in physical terms decreased by 3% to 858.55 million packs. Their weighted average price increased by 23.5% to UAH 158.69 per unit.

In January-March 2024, pharmacy sales in Ukraine increased by 14.8% in monetary terms compared to the same period a year earlier to UAH 48.532 billion, while in physical terms they decreased by 3% to 300.373 million packs. The weighted average price of pharmacy basket products in this period amounted to UAH 161.57, which is 18.39% more than in the first quarter of 2023.

Pharmacy sales in Ukraine increased by 27%

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.

Pharmacy sales in Ukraine increased by almost 22%

Pharmacy sales in Ukraine in January-September 2023 increased by 21.56% compared to the same period in 2022 to UAH 126 billion, while in physical terms they decreased by 6.5% to 907.885 million packs.

Business Credit told Interfax-Ukraine that the weighted average price of pharmacy basket goods in the first nine months of 2023 amounted to UAH 138.78, which is 30% more than a year earlier.

Pharmacy sales of medicines increased by 19.39% in the first nine months of the year to almost UAH 98.556 billion. At the same time, in physical terms, the retail pharmaceutical market decreased by 4.66% to 637.465 million packs. The weighted average retail price of medicines in the first nine months of 2023 amounted to UAH 154.51, which is 25.22% more than a year earlier.

According to the company, sales growth in January-September in physical terms was recorded in the household chemicals segment (20.56%), dietary supplements (20%), mineral water (18.7%), medical cosmetics (17.59%) and special food products (7.63%).

In other segments, sales in volume terms decreased compared to the same period in 2022.

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.

Pharmacy sales in Ukraine increased by almost 30%

Pharmacy sales in Ukraine in January-July 2023 increased by 29.95% compared to the same period of 2022 – up to UAH 13.221 billion, in physical terms – by 1.33% to 94.974 million packages.

Business Credit reported to Interfax-Ukraine that the weighted average price of goods of the pharmacy basket at the end of seven months of 2023 amounted to 139.21 UAH, which is 28.25% more than a year earlier.

Pharmacy sales of medicines for seven months increased by 28.53% – almost to UAH 10.338 billion. In physical terms, they grew by 1.58% to 65.932 mln packs. The weighted average retail price of medicines for seven months of 2023 amounted to UAH 156.79, which is 26.53% higher than a year earlier.

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

In the first half of the year, pharmacy sales of medicines in monetary terms amounted to UAH 65.96 billion (up 16.9%), while in physical terms they decreased by 8.12% to 430.899 mln packs.

Pharmacy sales for 6 months increased by 19%

Pharmacy sales for January-June 2023 increased in monetary terms by 19% compared to the same period of 2022 – to UAH 84.126 billion, but in physical terms decreased by 10.4% – to 612.11 million packs.

Business Credit reported to Interfax-Ukraine that according to its research, the weighted average price of goods of the pharmacy basket in the first half of 2023 amounted to 137.44 UAH – 33% more than in the same period of 2022.

In addition, pharmacy sales of medicinal products in the first half of the year in monetary terms amounted to UAH 65.96 billion (by 16.9%).

At the same time, in physical terms, pharmacy sales of drugs decreased by 8.12% to 430.899 mln packs.

According to “Business Credit”, in monetary terms, the greatest sales dynamics in January-June 2023 were demonstrated by household chemicals (58.6% growth), mineral water (52.1%) and dietary supplements, sales of which increased by 51.2% – to UAH 8.452 billion.

At the same time, in physical terms, almost all products of the pharmacy basket showed negative dynamics, except for dietary supplements, sales of which increased by 22% – to 50.611 mln packs, household chemicals (17.64% growth), medical cosmetics (13.15% growth) and mineral water (9.62%).

As reported, in January-May 2023, pharmacy sales in Ukraine increased by 15.4% compared to the same period of 2022 – up to UAH 70.398 billion, sales of medicines – by 12.84%, up to UAH 55.249 billion.

Pharmacy sales in Ukraine grew by 20% in first half of year

Pharmacy sales in January-June 2023 increased by 19.4% compared to the same period of 2022 and amounted to almost UAH 84.127 billion.

According to a study by Business Credit, in physical terms, pharmacies sold 612.11 million packs in the first half of this year, which is 10% less than in January-June 2022.

According to the survey, the weighted average price of all goods of the pharmacy basket increased by almost a third (+33%) – up to UAH 137.44. At the same time, pharmacy sales of medicines in January-June 2023 increased to UAH 65.96 billion (+16.9%). The weighted average price of medicines amounted to UAH 153.8, which is 27.2% more than a year earlier. A total of 430.899 mln packs of medicines (-8.12%) were sold in the mentioned reporting period in the pharmacy network.

The report states that pharmacy sales of medical devices increased in the first half of 2023 by 9.83% – up to UAH 2.142 billion.

Among the leaders in terms of growth, in particular, mineral water, whose sales increased by 52.1% to UAH 432.537 million, and dietary supplements with an increase in sales by 51.17% to sales of January-June 2022, almost to UAH 8.453 billion.

At the same time, sales of products for parenteral administration of medicines decreased by 20% to UAH 230.483 mln.