India to Hungary: Fenofibrate Export Trade Route

The India to Hungary Fenofibrate corridor is one of India's established pharmaceutical export routes, with 24 shipments documented worth a combined $4.2M USD. The route is dominated by ABBOTT HEALTHCARE PRIVATE LIMITED, which alone accounts for roughly 100% of all export value, reflecting the consolidated nature of India's fenofibrate manufacturing sector.

Across 3 active suppliers, the average shipment value stands at $174.4K USD — a figure that reflects both bulk commercial orders from large pharmaceutical companies and smaller specialty shipments. Sea freight dominates at 80% of all shipments, consistent with fenofibrate's non-urgent bulk-order profile.

Shipment activity peaks during April–June, with an average transit time of 22 days port-to-port. The route has recorded an annual growth rate of 21.1%, placing it at rank #17 among India's top fenofibrate export destinations globally.

On the import side, key buyers of Indian fenofibrate in Hungary include MYLAN HUNGARY KFT, ANNA ASZALOS MYLAN HUNGARY KFT H, MYLAN HUNGARY KFT KOMAROM PLANT MYLAN U. MYLAN HUNGARY KFT is the single largest importer with 18 shipments valued at $4.2M USD.

India's fenofibrate exports to Hungary are driven primarily by a handful of large-scale manufacturers. ABBOTT HEALTHCARE PRIVATE LIMITED with 18 shipments leads the pack, a pattern common in generic pharmaceutical corridors where manufacturing scale creates significant cost advantages. The presence of 3 active exporters signals a competitive but concentrated market — buyers in Hungary benefit from supplier diversity while the top tier handles the majority of volume.

The top 3 suppliers — ABBOTT HEALTHCARE PRIVATE LIMITED, MYLAN LABORATORIES LIMITED, LAUREL PHARMA LABS — together account for 100% of total trade value on this route. The average shipment value of $174.4K USD reflects primarily bulk commercial orders from large pharmaceutical distributors.

Beyond the primary product category, shipments on this route include closely related formulations such as fenofibrate tab 145mg batch no. ffc23088, ffc23089,ffc23090,ffc23091,ffc23092 mfg dt.12.2023 exp dt.12.2024kgs and fenofibrate tab 145mg b.no-batch no.ffc24046,ffc24047,ffc24048,ffc24049,ffc24050 mfg dt-05.24exp dt-05.25, suggesting that buyers in Hungary tend to consolidate orders across related product lines from the same Indian supplier.

On the buying side, MYLAN HUNGARY KFT is the largest importer with 18 shipments worth $4.2M USD — representing 100% of all fenofibrate imports from India on this route.