Product intelligence · HS 300691 · 2024 data
Global exports of pharmaceutical goods: appliances identifiable for ostomy use totalled $2,084,707,461 in 2024, a +1.2% change from the previous year. Traded by 97 countries across 1,773 bilateral corridors, with demand from 185 importing markets. The long-term trend is stable.
Data: OECD BIMTS · Coverage: 1995–2024 · Updated: 2026-07-17
Global trade
$2.1B
+1.2% YoY
3Y / 5Y CAGR
+1.5%
5Y: +2.0%
Supply structure
Diversified
HHI 0.113
Volatility
Low
Score 4/100
In 2024, pharmaceutical goods: appliances identifiable for ostomy use trade exhibited modest growth, with global flows reaching $2,084,707,461 and a three-year compound annual growth rate of +1.5% (five-year: +2.0%). The all-time peak of $2,084,707,461 was recorded in 2024.
Over the 30-year observation window (1995–2024), 79% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is steady (-1.0% acceleration).
The supply side is diversified (Herfindahl-Hirschman Index 0.113). The three largest exporters — Hungary ($520.9M), Netherlands ($213.9M), and Dominican Republic ($212.0M) — collectively dominate supply flows. The leading exporter has grown at +1.0% over the last three years.
On the demand side, importer concentration is diversified (HHI 0.062). The three largest import markets are Netherlands ($289.8M), United Kingdom ($265.2M), and United States ($202.3M). The largest importing market sources from 42 different supplying countries.
Estimated substitution elasticity: -2.61. Buyers have moderate flexibility to shift sourcing, but face some switching costs.
The dominant trade corridor is Hungary → United Kingdom at $107.0M, representing 40.3% of the importer's total demand.
The volatility score for pharmaceutical goods: appliances identifiable for ostomy use is 4 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.
For market entrants, modest but steady demand provides a reasonable entry window. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.
Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.
Historical evidence
Peak: $2,084,707,461 in 2024.
| Year | Global trade (USD) | YoY growth |
|---|---|---|
| 2015 | $1,479,364,054 | -9.2% |
| 2016 | $1,468,621,630 | -0.7% |
| 2017 | $1,543,216,779 | +5.1% |
| 2018 | $1,823,722,674 | +18.2% |
| 2019 | $1,891,437,334 | +3.7% |
| 2020 | $1,922,372,433 | +1.6% |
| 2021 | $1,993,359,966 | +3.7% |
| 2022 | $1,897,141,155 | -4.8% |
| 2023 | $2,060,666,533 | +8.6% |
| 2024 | $2,084,707,461 | +1.2% |
Ranked by export value of pharmaceutical goods: appliances identifiable for ostomy use in 2024.
Largest import destinations for pharmaceutical goods: appliances identifiable for ostomy use.
Largest bilateral export flows for pharmaceutical goods: appliances identifiable for ostomy use, ranked by value. Click any country to view its full profile.
| # | Exporter | Importer | Value 2024 | 3Y CAGR |
|---|---|---|---|---|
| 1 | Hungary | United Kingdom | $107.0M | -0.2% |
| 2 | Dominican Republic | United States | $74.3M | -2.0% |
| 3 | Hungary | United States | $60.8M | +7.8% |
| 4 | Netherlands | Germany | $56.9M | -5.4% |
| 5 | Lithuania | Netherlands | $54.0M | -0.7% |
| 6 | Ireland | Netherlands | $53.2M | -17.2% |
| 7 | Germany | Netherlands | $52.5M | -3.0% |
| 8 | Ireland | United Kingdom | $49.1M | +198.1% |
Showing top 8 of 10 corridors with available data for 2024.
Go deeper
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Data source
OECD Bilateral International Merchandise Trade Statistics (BIMTS). Aggregated from 312M+ reported trade records across 200+ countries and 5,300+ HS6 product codes. Coverage: 1995–2024.
Key indicators
HHI (Herfindahl-Hirschman Index): market concentration, 0 = fully diversified, 1 = single player. CAGR: compound annual growth rate over a stated period. Volatility score: trade value variability, 0–100 scale.
How this page is made
All statistical content on this page is data-driven, composed programmatically from live OECD trade records. No generic AI-generated prose is used. Analytical paragraphs combine real data points with factual interpretation. This page was last refreshed on 2026-07-17.
