Greece to India: Formoterol Import Trade Route

The Greece to India Formoterol corridor is one of India's established pharmaceutical import routes from Greece, with 4 shipments documented worth a combined $1.1K USD. The route is dominated by ELPEN PHARMACEUTICAL CO. INC, which alone accounts for roughly 51% of all import value, reflecting the consolidated nature of Greece's formoterol export sector.

Across 2 active Greece suppliers, the average shipment value stands at $271 USD — a figure that reflects both bulk commercial orders from large pharmaceutical companies and smaller specialty shipments. Sea freight dominates at 74% of all shipments, consistent with formoterol's non-urgent bulk-order profile.

Shipment activity peaks during July–September, with an average transit time of 29 days port-to-port. The route has recorded an annual growth rate of 24.0%, placing it at rank #10 among India's top formoterol import origins globally.

On the Indian buyer side, key Indian importers include VEEDA CLINICAL RESEARCH LIMITED, VEEDA CLINICAL RESEARCH LIMITED . VEEDA CLINICAL RESEARCH LIMITED is the single largest Indian importer with 2 shipments valued at $551 USD.

India's formoterol imports from Greece are driven primarily by a handful of large-scale Greece manufacturers. ELPEN PHARMACEUTICAL CO. INC with 2 shipments leads the pack, a pattern common in generic pharmaceutical corridors where manufacturing scale creates significant cost advantages. The presence of 2 active exporters signals a competitive but concentrated market — Indian buyers benefit from Greece supplier diversity while the top tier handles the majority of volume.

The top 3 suppliers — ELPEN PHARMACEUTICAL CO. INC, ELPEN PHARMACEUTICAL CO. INC — together account for 100% of total trade value on this route. The average shipment value of $271 USD reflects a mix of bulk commercial orders and smaller specialty shipments.

Beyond the primary product category, shipments on this route include closely related formulations such as (r)(foster) beclomestaone diproprionate & formoterol ...iteam as per inv.(100/6mcg x 34 nos),sample for clinical use,ncv and (t) beclometasone diproprionate and formoterol....iteam as per inv..(100/6mcg x 36 nos),sample for clinical use,ncv , suggesting that Indian buyers tend to consolidate orders across related product lines from the same Greece supplier.

On the buying side, VEEDA CLINICAL RESEARCH LIMITED is the largest importer with 2 shipments worth $551 USD — representing 51% of all formoterol imports from Greece on this route.