Vaccine Market Overview in Portugal
In value terms, vaccine production totaled $ in 2019 estimated in export prices. In general, production, however, continues to indicate a deep downturn. The pace of growth was the most pronounced in 2016 with an increase of % year-to-year. Over the period under review, production reached the maximum level at $ in 2008; however, from 2009 to 2019, production stood at a somewhat lower figure.
The revenue of the vaccine market in Portugal totaled $ in 2019, increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a mild shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of % against the previous year. Over the period under review, the market hit record highs at $ in 2008; however, from 2009 to 2019, consumption remained at a lower figure.