INDO-AFRICA PHARMA BUSINESS MEET
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1 INDO-AFRICA PHARMA BUSINESS MEET AYUSH Exports & Potentials by: Ranjit Puranik, Chief Executive Officer, Shree Dhootapapeshwar Limited Overall Exports from ASU&H Industry Economic region wise Export Analysis for AYUSH Products [Rs Lacs] Economic region Mar.2006 Mar.2007 Mar.2008 Percentage CAGR Developed region Developing Country Least Developed Countries Grand Total
2 ASU&H Exports Category / Economic region Mar.2006 Mar.2007 Mar.2008 Percentage CAGR Ayurvedic Developed region Developing Country Least Developed Countries Homeopathy Developed region Developing Country Least Developed Countries Siddha Developed region Developing Country Least Developed Countries #DIV/0! Developed region Developing Country Least Developed Countries Grand Total Region wise Exports Regional Export Analysis for AYUSH Products. [Rs Lacs] Geo Region Mar.2006 Mar.2007 Mar.2008 CAGR [ ] % Share 2008 Africa ASEAN CIS Europian Union Latin America Middle East NE Asia[excluding middle east] North America Oceania Other Europian countries SAARC Others Grand Total
3 Category Region wise Exports Category wise Breakup of different Regions [Rs lacs] Ayurveda Africa ASEAN CIS Europian Union Latin America Middle East NE Asia[excluding middle east] North America Oceania Other Europian countries Others SAARC Category Region wise Exports Category wise Breakup of different Regions [Rs lacs] Homeopathy Africa ASEAN CIS Europian Union Latin America #DIV/0! 6.46 Middle East NE Asia[excluding middle east] #DIV/0! 9.1 North America Oceania Other Europian countries Others SAARC
4 Category Region wise Exports Category wise Breakup of different Regions [Rs lacs] Siddha Africa ASEAN #DIV/0! CIS 0.23 #DIV/0! 0 Europian Union Latin America Middle East NE Asia[excluding middle east] #DIV/0! 0 North America #DIV/0! 0 SAARC Category Region wise Exports Category wise Breakup of different Regions [Rs lacs] Africa ASEAN CIS Europian Union Latin America Middle East NE Asia[excluding middle east] #DIV/0! North America Oceania Other Europian countries #DIV/0! 0 Others SAARC Grand Total
5 Top 50 Country Exports Top Importing countries for AYUSH Products from India [Rs Lacs] Russia UAE Nepal Ukraine USA Sri Lanka Australia Kazakhstan Viet Nam Malaysia Philippines Kenya Netherlands Romania Singapore UK Top 50 Country Exports Top Importing countries for AYUSH Products from India [Rs Lacs] Switzerland Uzbekistan Taiwan (Taipei) France Latvia Saudi Arabia Nigeria Oman Germany Italy Mauritius Azerbaijan Yemen Tajikistan Bahrain Moldova Poland
6 Top 50 Country Exports Top Importing countries for AYUSH Products from India [Rs Lacs] Uganda Indonesia Japan Bulgaria Maldives Iraq South Africa Belarus Korea Republic (South) Canada Tanzania Syria Congo, D.R Venezuela Hong Kong Trinidad and Tobago Thailand TOP 50 Total Country wise Top 25 ASU&H Industry Country wise Break up of AYUSH Products [Top 25 country] Rs Lacs Country's Breakup. Mar.2006 Mar.2007 Mar.2008 Russia Ayurvedic Homeopathy Siddha UAE Ayurvedic Homeopathy 1.41 Siddha Nepal Ayurvedic Homeopathy
7 Country wise Top 25 ASU&H Industry Country wise Break up of AYUSH Products [Top 25 country] Rs Lacs Country's Breakup. Mar.2006 Mar.2007 Mar.2008 Ukraine Ayurvedic Siddha 8.16 USA Ayurvedic Homeopathy Siddha Sri Lanka Ayurvedic Homeopathy Siddha Australia Ayurvedic Homeopathy Country wise Top 25 ASU&H Industry Country wise Break up of AYUSH Products [Top 25 country] Rs Lacs Country's Breakup. Mar.2006 Mar.2007 Mar.2008 Kazakhstan Ayurvedic Viet Nam Ayurvedic Homeopathy Siddha 0.17 Malaysia Ayurvedic Homeopathy Siddha Philippines Ayurvedic Siddha
8 Country wise Top 25 ASU&H Industry Country wise Break up of AYUSH Products [Top 25 country] Rs Lacs Country's Breakup. Mar.2006 Mar.2007 Mar.2008 Kenya Ayurvedic Homeopathy 0.46 Netherlands Ayurvedic Homeopathy Siddha 9.19 Romania Ayurvedic Singapore Ayurvedic Homeopathy Siddha Country wise Top 25 ASU&H Industry Country wise Break up of AYUSH Products [Top 25 country] Rs Lacs Country's Breakup. Mar.2006 Mar.2007 Mar.2008 UK Ayurvedic Homeopathy Siddha Switzerland Ayurvedic Homeopathy Uzbekistan Ayurvedic Siddha 0.23 Taiwan (Taipei) Ayurvedic Homeopathy France Ayurvedic Homeopathy 8
9 Country wise Top 25 ASU&H Industry Country wise Break up of AYUSH Products [Top 25 country] Rs Lacs Country's Breakup. Mar.2006 Mar.2007 Mar.2008 Latvia Ayurvedic Saudi Arabia Ayurvedic Homeopathy 1.09 Nigeria Ayurvedic Homeopathy Siddha 6.29 Oman Ayurvedic Homeopathy 2.67 Germany Ayurvedic Homeopathy Siddha Observations Africa presents 6% of ASU&H exports Big potential remain in low hanging fruits CIS (mainly Russia and Ukraine) SAARC Middle East ASEAN Total ASU&H exports are only 326 Crs Growth rate is a meager 17% CAGR 9
10 ASU&H Exports Data represents ASU&H exports for value added formulations put up for retail sales or in bulk exports Data does not represent the potential and exports from the herbal extracts sector almost a 1000 Crs Data does not represent the performance of crude herbs almost 800 Crs Exports development curve : CRUDE HERBS EXTRACTS PRODUCTS What is exported : Dietary Supplements single herb tablets, massage oils, poly herbal simple OTC formulations Ayurvedic branded medicines Rx and OTCx formulations Ayurvedic classical products only SAARC Ayurvedic personal care products toothpaste, hair oil, creams, etc... Heavy reliance on Ayurvedic books and www presence for generation of interest Interest due to mass informal education 10
11 Untapped potential Formal approval of ASU&H formulations in LDC regions bi-lateral MoU s required National DMF / Dossiers need approval with an AYUSH Std Mark for export allowance Establishment of scientific standardisation for products needs better PR / peer review We need to popularise and leverage the popularity of the crude herbs and extracts into value added formulations for retail sales CONCLUSION - Untapped potential - $ billion Plan Products for acceptance of Practitioners and Products : Homoeopathic products allowed in almost all countries ; traditionally from Germany products common heritage to GCC countries Ayurveda Ethnic rights to use their system of medicine Siddha ASEAN potential has immense value 11
12 Thank you Ranjit Puranik Chief Executive Officer Shree Dhootapapeshwar Ltd. 12
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