Belgium: manufacture of pharmaceutical products turnover 2022

The turnover of the basic pharmaceutical products and pharmaceutical preparations manufacturing industry in Belgium increased by 3.3 billion euros (+8.46 percent) in 2022 in comparison to the previous year. With 41.9 billion euros, the turnover thereby reached its highest value in the observed period. Notably, the turnover in this industry continuously increased over the last years.
For the purpose of Eurstat Dataset NACE Rev.2 Section K turnover comprises the totals invoiced by the observation unit during the reference period, which corresponds to market sales of goods or services supplied to third parties.

Find more statistics on the basic pharmaceutical products and pharmaceutical preparations manufacturing industry in Belgium with key insights such as production value and personnel costs.

Turnover of the manufacture of basic pharmaceutical products and pharmaceutical preparations in Belgium from 2013 to 2022 (in million euros)

Characteristic	Annual turnover in million euros
2022p	41,906.1
2021	38,638.26
2020	35,700.6
2019	32,318.9
2018b	26,441.6
2017	23,227
2016	18,326.9
2015	15,924.5
2014	14,113.3
2013	12,666

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Release date

March 2024

More information

Region

Belgium

Survey time period

2013 to 2022

Supplementary notes

b: Break in time series.
p: Provisional value.
Data for the years 2010 and 2011 was not provided by the source.
The source adds the following information: Turnover corresponds to market sales of goods or services supplied to third parties, it includes all duties and taxes on the goods or services invoiced by the unit with the exception of the VAT invoiced to its customer, it also includes all other charges - transport, packaging, etc.
Data coverage corresponds to code C21 of CE Rev2.

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