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Belarus Pharmaceuticals and Healthcare Report Q2 2015

88 Pages BMI Research SKU: BMI5496801

Belarus Pharmaceuticals and Healthcare Report Q2 2015

BMI View: The volatility of the Belarusian rouble and high inflation will hurt consumer incomes and therefore the growth outlook of the pharmaceutical market over the next two years. Furthermore, increased scrutiny by President Lukashenko over pharmaceutical imports indicates that Belarus may follow neighbouring Russia in instituting measures that favour the domestic industry and restrict the market for pharmaceutical imports.

Headline Expenditure Projections

Pharmaceuticals: BYR10,223bn in 2014 (USD998mn) to BYR12,101bn (USD869mn) in 2015; +18.4% in local currency terms and -12.9% in US dollar terms.

Healthcare: BYR36,100bn (USD3.50bn) in 2013 to BYR42,419bn (USD3.05bn) in 2015; +17.5% in local currency terms and -13.5% in US dollar terms.

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Belarus Pharmaceuticals and Healthcare Report Q2 2015

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