India to Hungary: Simvastatin Export Trade Route

The India to Hungary Simvastatin corridor is one of India's established pharmaceutical export routes, with 64 shipments documented worth a combined $26.8M USD. The route is dominated by MYLAN LABORATORIES LIMITED, which alone accounts for roughly 95% of all export value, reflecting the consolidated nature of India's simvastatin manufacturing sector.

Across 4 active suppliers, the average shipment value stands at $419.3K USD — a figure that reflects both bulk commercial orders from large pharmaceutical companies and smaller specialty shipments. Sea freight dominates at 73% of all shipments, consistent with simvastatin's non-urgent bulk-order profile.

Shipment activity peaks during October–December, with an average transit time of 30 days port-to-port. The route has recorded an annual growth rate of 34.3%, placing it at rank #9 among India's top simvastatin export destinations globally.

On the import side, key buyers of Indian simvastatin in Hungary include MYLAN HUNGARY KFT,, Mylan Hungary Kft, , MYLAN HUNGARY KFT and 6 others. MYLAN HUNGARY KFT, is the single largest importer with 24 shipments valued at $24.1M USD.

India's simvastatin exports to Hungary are driven primarily by a handful of large-scale manufacturers. MYLAN LABORATORIES LIMITED with 43 shipments leads the pack, a pattern common in generic pharmaceutical corridors where manufacturing scale creates significant cost advantages. The presence of 4 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 — MYLAN LABORATORIES LIMITED, MYLAN LABORATORIES LIMITED , LAUREL PHARMA LABS — together account for 100% of total trade value on this route. The average shipment value of $419.3K 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 harmless medicines, simvastatin tablets and simvastatin tablets 20 mg , 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 24 shipments worth $24.1M USD — representing 90% of all simvastatin imports from India on this route. A total of 9 buyers are active on this corridor.