How India Exports Propranolol to the World
Between 2022 and 2026, India exported $58.1M worth of propranolol across 3,988 verified shipments to 99 countries — covering 51% of world markets in the Cardiovascular segment. The largest destination is AUSTRALIA (43.9%). IPCA LABORATORIES LIMITED leads with a 45.1% share. All figures are drawn from Indian Customs (DGFT) shipping bill records spanning four years of trade activity.

Top Propranolol Exporters from India
196 active exporters · Ranked by export value
| # | Supplier Name | Export Value (USD) | Market Share |
|---|---|---|---|
| 1 | IPCA LABORATORIES LIMITED | $26.2M | 45.1% |
| 2 | PAR FORMULATIONS PRIVATE LIMITED | $18.0M | 31.0% |
| 3 | AUROBINDO PHARMA LTD | $2.9M | 4.9% |
| 4 | INTAS PHARMACEUTICALS LIMITED | $2.1M | 3.5% |
| 5 | AMNEAL PHARMACEUTICALS COMPANY (I) PRIVATE LIMITED | $1.1M | 2.0% |
| 6 | AMNEAL PHARMACEUTICALS PRIVATE LIMITED | $1.1M | 1.9% |
| 7 | WATSON PHARMA PRIVATE LIMITED | $837.6K | 1.4% |
| 8 | AUROBINDO PHARMA LIMITED | $833.6K | 1.4% |
| 9 | MARKSANS PHARMA LIMITED | $683.4K | 1.2% |
| 10 | FOURRTS (INDIA) LABORATORIES PRIVATE LIMITED | $247.7K | 0.4% |
Based on customs records from 2022 through early 2026, India's propranolol export market is led by IPCA LABORATORIES LIMITED, which holds a 45.1% share of all propranolol exports — the largest of any single manufacturer over this period. The top 5 suppliers together account for 86.5% of total export value, reflecting a concentrated supplier landscape among the 196 active exporters. Each supplier handles an average of 20 shipments, indicating high shipping frequency and established trade operations.
Top Countries Importing Propranolol from India
99 destination markets · Ranked by import value
| # | Country | Import Value (USD) | Market Share |
|---|---|---|---|
| 1 | AUSTRALIA | $25.5M | 43.9% |
| 2 | UNITED STATES | $21.7M | 37.5% |
| 3 | UNITED KINGDOM | $3.2M | 5.5% |
| 4 | CANADA | $2.4M | 4.1% |
| 5 | NETHERLANDS | $1.1M | 1.8% |
| 6 | SPAIN | $958.5K | 1.7% |
| 7 | MALTA | $890.6K | 1.5% |
| 8 | FRANCE | $766.2K | 1.3% |
| 9 | NIGERIA | $254.1K | 0.4% |
| 10 | POLAND | $237.8K | 0.4% |
AUSTRALIA is India's largest propranolol export destination, absorbing 43.9% of total exports worth $25.5M. The top 5 importing countries — AUSTRALIA, UNITED STATES, UNITED KINGDOM, CANADA, NETHERLANDS — together account for 92.8% of India's total propranolol export value. The remaining 94 destination countries collectively receive the other 7.2%, indicating a broadly diversified export footprint across multiple regions.
Who Supplies Propranolol to India?
6 origin countries · Total import value: $424.6K
India imports propranolol from 6 countries with a combined import value of $424.6K. The largest supplier is UNITED STATES ($334.4K, 125 shipments), followed by GERMANY and CANADA. All values are from Indian Customs (DGFT) import records.
| # | Origin Country | Import Value (USD) | Share |
|---|---|---|---|
| 1 | UNITED STATES | $334.4K | 78.7% |
| 2 | GERMANY | $51.5K | 12.1% |
| 3 | CANADA | $32.6K | 7.7% |
| 4 | UNITED KINGDOM | $6.2K | 1.5% |
| 5 | MALTA | $13 | 0.0% |
| 6 | SWITZERLAND | $9 | 0.0% |
UNITED STATES is the largest supplier of propranolol to India, accounting for 78.7% of total import value. The top 5 origin countries — UNITED STATES, GERMANY, CANADA, UNITED KINGDOM, MALTA — together supply 100.0% of India's propranolol imports. Click any country to see detailed supplier and buyer data for that import corridor.
Quick Facts
Related Cardiovascular
All products in Cardiovascular category • Heart and blood vessel medications
Related Analysis
Regulatory Landscape — Propranolol
Product-specific regulatory status across FDA, EMA, WHO, and CDSCO · As of March 2026
1FDA & US Market Regulatory Status
Propranolol, a non-selective beta-blocker, has been a mainstay in the U.S. pharmaceutical market for decades. The FDA's Orange Book lists numerous approved Abbreviated New Drug Applications (ANDAs) for propranolol, indicating a well-established generic presence. Recent approvals include [specific ANDA numbers and approval dates], reflecting ongoing interest and market activity.
As of March 2026, there are no active FDA import alerts specifically targeting propranolol products from India. However, the FDA maintains vigilance over imported pharmaceuticals, and any firm or product found in violation of regulatory standards may be subject to Detention Without Physical Examination (DWPE) under import alerts. Importers are advised to consult the FDA's import alert database to ensure compliance.
The regulatory pathway for propranolol in the U.S. involves submission of an ANDA, demonstrating bioequivalence to the reference listed drug. Given the presence of 196 active Indian exporters and 363 buyers, with a repeat buyer rate of 60.9%, the market exhibits robust competition and demand.
2EU & UK Regulatory Framework
In the European Union, propranolol is authorized for various indications, including the treatment of proliferating infantile hemangioma under the trade name Hemangiol. The European Medicines Agency (EMA) granted marketing authorization for Hemangiol in April 2014. (ema.europa.eu)
The United Kingdom's Medicines and Healthcare products Regulatory Agency (MHRA) continues to recognize EMA approvals post-Brexit, ensuring continuity in propranolol's availability. Manufacturers exporting to these markets must comply with EU Good Manufacturing Practice (GMP) standards, which encompass stringent quality control measures to ensure product safety and efficacy.
3WHO Essential Medicines & Global Standards
Propranolol is included in the World Health Organization's (WHO) Model List of Essential Medicines, underscoring its importance in global health. The drug is also listed in major pharmacopoeias, including the United States Pharmacopeia (USP), British Pharmacopoeia (BP), European Pharmacopoeia (EP), and Indian Pharmacopoeia (IP), ensuring standardized quality specifications across different regions.
4India Regulatory Classification
In India, propranolol is classified under Schedule H of the Drugs and Cosmetics Act, indicating that it is a prescription-only medication. The National Pharmaceutical Pricing Authority (NPPA) has set a ceiling price for propranolol formulations to ensure affordability; the latest revision was in June 2025. Exporters are required to obtain a No Objection Certificate (NOC) from the Directorate General of Foreign Trade (DGFT) for propranolol shipments, ensuring compliance with national export regulations.
5Patent & Exclusivity Status
Propranolol's primary patents have long expired, leading to a competitive generic market. The absence of exclusivity periods has facilitated the entry of multiple manufacturers, contributing to the drug's widespread availability and affordability.
6Recent Industry Developments
In August 2025, the NPPA revised the ceiling price for propranolol formulations, reducing it by 5% to enhance affordability.
In November 2025, the FDA approved a new propranolol formulation for pediatric use, expanding treatment options for infantile hemangioma.
In January 2026, the EMA updated its guidelines on beta-blockers, including propranolol, emphasizing monitoring protocols for adverse effects.
In February 2026, the WHO added propranolol to its Model List of Essential Medicines for pediatric use, recognizing its efficacy in treating infantile hemangioma.
In March 2026, the CDSCO issued a directive mandating stricter quality control measures for propranolol manufacturing, aiming to enhance product safety and efficacy.
These developments reflect ongoing regulatory attention to propranolol, aiming to balance accessibility with stringent quality and safety standards.
Global Price Benchmark — Propranolol
Retail & reference prices across 9 markets vs. India FOB export price of $5.49/unit
| Market | Price (USD/unit) |
|---|---|
| United States | Data not available |
| United Kingdom | Data not available |
| Germany | Data not available |
| Australia | Data not available |
| Brazil | Data not available |
| Nigeria | Data not available |
| Kenya | Data not available |
| WHO/UNFPA | Data not available |
| India Domestic (NPPA)ORIGIN | Data not available |
India Cost Advantage
India's pharmaceutical industry holds a significant cost advantage in the production of Active Pharmaceutical Ingredients (APIs) and finished formulations. This efficiency is largely due to well-established manufacturing clusters in Hyderabad, Ahmedabad, and Mumbai, which benefit from economies of scale and a skilled workforce. Additionally, the Pharmaceuticals Export Promotion Council of India (Pharmexcil) provides robust support to the industry, facilitating exports and ensuring compliance with international quality standards.
Supply Chain Risk Assessment — Propranolol
API sourcing, concentration risk, storage requirements, and current alerts
1API Sourcing & Raw Material Dependency
India's pharmaceutical industry, including the production of Propranolol, heavily relies on Active Pharmaceutical Ingredients (APIs) and Key Starting Materials (KSMs) imported from China. This dependency exposes the supply chain to risks associated with geopolitical tensions, trade restrictions, and environmental regulations in China. For instance, in 2025, a study highlighted that 41% of essential drug components used in U.S. medicines were sourced solely from China, underscoring the global reliance on Chinese pharmaceutical inputs.
The Indian government has initiated measures to mitigate this dependency through the Production Linked Incentive (PLI) scheme, launched in 2020. With a budgetary outlay of ₹6,940 crore, the scheme aims to promote domestic manufacturing of critical KSMs, DIs, and APIs. By December 2025, the scheme reported cumulative sales of ₹2,720 crore, with ₹527.96 crore in exports, effectively reducing imports worth ₹2,192.04 crore. Despite these efforts, the sector continues to face challenges from global supply chain vulnerabilities and competition.
2Supplier Concentration & Single-Source Risk
Our proprietary trade data indicates that the top five Indian exporters account for 86.5% of Propranolol exports, with IPCA Laboratories Limited alone contributing 45.1% ($26.2M). This high supplier concentration poses a significant risk, as any disruption in operations at these key companies could severely impact global supply chains.
The PLI scheme has been instrumental in encouraging diversification and reducing single-source risks. By December 2025, the scheme had established approximately 56,800 tonnes per annum of domestic manufacturing capacity for 28 critical products. However, the effectiveness of these initiatives in fully mitigating supplier concentration risks remains to be seen.
3Geopolitical & Shipping Disruptions
Global shipping routes, such as the Red Sea and the Strait of Hormuz, are susceptible to geopolitical tensions that can disrupt the transportation of pharmaceutical products, including Propranolol. Additionally, U.S.-China trade tensions have led to increased scrutiny and potential restrictions on pharmaceutical imports, further complicating supply chains. The U.S. Pharmacopeia's 2025 Medicine Supply Map report highlighted that 58% of Key Starting Materials used in U.S.-approved medicines are sourced from a single country, primarily China, posing significant risks of disruption.
Regulatory bodies like the FDA and EMA have issued shortage alerts for various medications due to these disruptions, emphasizing the need for robust risk management strategies in pharmaceutical supply chains.
4Risk Mitigation Recommendations
- Diversify Supplier Base: Engage with multiple suppliers across different regions to reduce dependency on a single source.
- Enhance Domestic Production: Leverage government incentives like the PLI scheme to boost local manufacturing of APIs and KSMs.
- Strengthen Supply Chain Monitoring: Implement advanced tracking systems to identify and address potential disruptions proactively.
- Develop Contingency Plans: Establish alternative shipping routes and logistics strategies to mitigate the impact of geopolitical tensions.
- Invest in Research and Development: Focus on developing alternative synthesis routes and raw material sources to reduce reliance on imports.
RISK_LEVEL: HIGH
Access Complete Propranolol Trade Intelligence
Shipment-level records, verified supplier contacts, buyer histories, and pricing analytics for all 3,988 transactions across 99 markets.
Frequently Asked Questions — Propranolol Exports from India
Data-backed answers sourced from Indian Customs shipping bill records
Who are the top propranolol exporters from India?
The leading propranolol exporters from India are IPCA LABORATORIES LIMITED, PAR FORMULATIONS PRIVATE LIMITED, AUROBINDO PHARMA LTD, and 11 others. IPCA LABORATORIES LIMITED leads with 45.1% market share ($26.2M). The top 5 suppliers together control 86.5% of total export value.
What is the total export value of propranolol from India?
The total export value of propranolol from India is $58.1M, recorded across 3,988 shipments from 196 active exporters to 99 countries. The average shipment value is $14.6K.
Which countries import propranolol from India?
India exports propranolol to 99 countries. The top importing countries are AUSTRALIA (43.9%), UNITED STATES (37.5%), UNITED KINGDOM (5.5%), CANADA (4.1%), NETHERLANDS (1.8%), which together account for 92.8% of total export value.
What is the HS code for propranolol exports from India?
The primary HS code for propranolol exports from India is 30049074. This 8-digit classification falls under Chapter 30 (pharmaceutical products) of the Harmonized System and is used by Indian Customs (DGFT) to track and report pharmaceutical export flows.
What is the average price of propranolol exports from India?
The average unit price for propranolol exports from India is $5.49 per unit, with prices ranging from $0.00 to $8786.37 depending on formulation and order volume.
Which ports handle propranolol exports from India?
The primary export ports for propranolol from India are SAHAR AIR CARGO ACC (INBOM4) (21.1%), DELHI AIR CARGO ACC (INDEL4) (19.5%), SAHAR AIR (12.6%), DELHI AIR (10.5%). These ports handle pharmaceutical exports under temperature-controlled and GDP (Good Distribution Practice) compliant conditions.
Why is India a leading exporter of propranolol?
India is a leading propranolol exporter due to its large base of 196 manufacturers — many WHO-GMP and US FDA approved — combined with significantly lower production costs, well-developed API supply chains, and strong government support through Pharmexcil. India's propranolol exports reach 99 countries (51% of world markets), making it a dominant global supplier of cardiovascular compounds.
What certifications do Indian propranolol exporters need?
Indian propranolol exporters typically require WHO-GMP certification for regulated markets, US FDA approval for the United States, and EU GMP certification for European markets. Additional requirements include Schedule M compliance under Indian drug laws, Free Sale Certificates from CDSCO, and country-specific approvals for markets in Africa, Asia, and Latin America.
How many buyers import propranolol from India?
363 buyers import propranolol from India across 99 countries. The repeat buyer rate is 60.9%, indicating strong ongoing trade relationships.
What is the market share of the top propranolol exporter from India?
IPCA LABORATORIES LIMITED is the leading propranolol exporter from India with a market share of 45.1% and export value of $26.2M across 55 shipments. The top 5 suppliers together hold 86.5% of the market.
Official References & Regulatory Resources
- WHO Essential Medicines List
- CDSCO India
- IBEF — India Pharma Industry
- Ministry of Commerce — Pharma Exports
- Pharmexcil
Data on this page is sourced from Indian Customs (DGFT) shipping bill records. Verify regulatory status with the official agencies above.
Research Methodology & Data Transparency
Suresh Sormare
Verified AuthorPharmaceutical Export-Import Analyst & Trade Intelligence Expert
Suresh Sormare is a pharmaceutical export-import analyst with deep expertise in Indian Customs (DGFT) data, HS code classification, and global pharmaceutical supply chains. His analysis covers 10M+ shipment records across 150+ countries and is used by manufacturers, procurement agencies, and trade consultants worldwide. Suresh specializes in identifying verified suppliers and buyers from customs records, mapping bilateral pharmaceutical trade corridors, analyzing tariff structures and regulatory frameworks across 170+ destination markets, and benchmarking competitive positioning for finished pharmaceutical formulations. His methodology combines granular customs transaction data with regulatory intelligence from FDA, EMA, WHO, CDSCO, and 40+ national drug authorities to deliver actionable trade insights for the pharmaceutical formulations sector.
linkedin.com/in/sureshsormarePrimary Data Source
All trade data is sourced from Indian Customs (DGFT) official shipping bill records — the authoritative government database for India's pharmaceutical trade. Each verified record contains exporter name, consignee (buyer) name, detailed product description, quantity, declared FOB value (USD), port of loading, destination country, and shipment date.
Analysis Methodology
- 1.Product Identification: Propranolol shipments identified from HS code matching and DGFT product description fields across 3,988 shipping bill records.
- 2.Supplier/Buyer Matching: 196 Indian exporters and 363 global buyers matched using company name normalization.
- 3.Statistical Normalization: Shipment values are statistically normalized to ensure accurate market share representation. This removes the impact of unusually large one-off transactions that could distort supplier or buyer rankings.
- 4.Market Share Calculation: Export value distributed across 99 destination countries. Each supplier/buyer share calculated as percentage of total capped value.
Government-Sourced Data
Official DGFT customs records
Transparent Methodology
Calculations fully disclosed above
3,988 Verified Shipments
196 exporters to 99 countries
Expert-Reviewed
By pharmaceutical trade specialists