Consumers in the United Kingdom (UK) spent approximately 8.7 billion British pounds on pharmaceutical products in 2023. Since 2006, consumer spending in this market has increased more than sixfold in the provided time interval. However, there was a decrease from 2021 to 2022.
What is the British public purchasing?
The OTC medicine category which garnered the highest sales value in 2023 was pain relief at nearly 750 million British pounds. While cough, cold and sore throat medication had a sales value of over 580 million British pounds over the same period. Sales value of pain relief products has increased steadily over the last five years.
Import of pharmaceutical products into the UK
In 2022, the UK imported around 560 million British pounds worth of pharmaceutical products from the Netherlands. Thus, the Netherlands had the seventh highest value of pharmaceutical products imported into the UK.
Consumer expenditure on pharmaceutical products in the United Kingdom (UK) from 2005 to 2023
(in million GBP)
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Office for National Statistics (UK). (June 28, 2024). Consumer expenditure on pharmaceutical products in the United Kingdom (UK) from 2005 to 2023 (in million GBP) [Graph]. In Statista. Retrieved November 27, 2024, from https://www.statista.com/statistics/290087/consumer-spending-on-pharmaceutical-products-in-the-united-kingdom-uk/
Office for National Statistics (UK). "Consumer expenditure on pharmaceutical products in the United Kingdom (UK) from 2005 to 2023 (in million GBP)." Chart. June 28, 2024. Statista. Accessed November 27, 2024. https://www.statista.com/statistics/290087/consumer-spending-on-pharmaceutical-products-in-the-united-kingdom-uk/
Office for National Statistics (UK). (2024). Consumer expenditure on pharmaceutical products in the United Kingdom (UK) from 2005 to 2023 (in million GBP). Statista. Statista Inc.. Accessed: November 27, 2024. https://www.statista.com/statistics/290087/consumer-spending-on-pharmaceutical-products-in-the-united-kingdom-uk/
Office for National Statistics (UK). "Consumer Expenditure on Pharmaceutical Products in The United Kingdom (Uk) from 2005 to 2023 (in Million Gbp)." Statista, Statista Inc., 28 Jun 2024, https://www.statista.com/statistics/290087/consumer-spending-on-pharmaceutical-products-in-the-united-kingdom-uk/
Office for National Statistics (UK), Consumer expenditure on pharmaceutical products in the United Kingdom (UK) from 2005 to 2023 (in million GBP) Statista, https://www.statista.com/statistics/290087/consumer-spending-on-pharmaceutical-products-in-the-united-kingdom-uk/ (last visited November 27, 2024)
Consumer expenditure on pharmaceutical products in the United Kingdom (UK) from 2005 to 2023 (in million GBP) [Graph], Office for National Statistics (UK), June 28, 2024. [Online]. Available: https://www.statista.com/statistics/290087/consumer-spending-on-pharmaceutical-products-in-the-united-kingdom-uk/
