Key Market Indicators
German pharmaceutical production is projected to reach €1.16 billion by 2026, down from €1.18 billion in 2021. This averages out to a 0.3% decline year-on-year. Since 2013, German production has dropped by a yearly average of 2.7%. In 2021, Germany ranked sixth in the world for pharmaceutical production. The UK overtook them with €1.18 billion, followed by Italy, Spain and Austria, in that order.