Belarus Pharmaceuticals and Healthcare Report Q2 2014

Business Monitor International
March 19, 2014
84 Pages - SKU: BMI5217931
Countries covered: Belarus

Belarus Pharmaceuticals and Healthcare Report Q2 2014

BMI View: Pharmaceutical sales in Belarus are poised to recover as the fallout from the breaking of thepotash joint venture Uralkai-Belaruskali subsides, and the risk of currency devaluation temporarily relents.

However, Belarus must now contend with the consequences of Ukrainian instability and the impact of thison the region's economies. There are significant downside risks to our forecast for 2014, due to the threat offurther currency depreciation, a collapse in exports and absolute erosion of consumer purchasing power.

Headline Expenditure Projections

Pharmaceuticals: BYR8,927bn in 2013 (US$1.00bn) to BYR10,783bn (US$1.08mn) in 2014; +20.8% inlocal currency terms and +7.9% in US dollar terms.

Healthcare: BYR24,909bn (US$2.80bn) in 2013 to BYR28,874bn (US$2.90bn) in 2014; +15.9% in localcurrency terms and +3.5% in US dollar terms.



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