Colombia - Medicaments Containing Vitamins And Provitamins - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMedicaments Containing Vitamins Price in Colombia - 2022
Contents:
- Medicaments Containing Vitamins Price in Colombia (FOB) - 2022
- Medicaments Containing Vitamins Price in Colombia (CIF) - 2022
- Medicaments Containing Vitamins Exports in Colombia
- Medicaments Containing Vitamins Imports in Colombia
Medicaments Containing Vitamins Price in Colombia (FOB) - 2022
In February 2022, the average medicaments containing vitamins export price amounted to $25,611 per ton, growing by 13% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2021 an increase of 21% month-to-month. The export price peaked at $33,629 per ton in December 2021; however, from January 2022 to February 2022, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Costa Rica ($36,332 per ton), while the average price for exports to Guatemala ($17,765 per ton) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Medicaments Containing Vitamins Price in Colombia (CIF) - 2022
The average medicaments containing vitamins import price stood at $14,648 per ton in 2022, declining by -5.2% against the previous year. Over the period under review, the import price recorded a perceptible setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by 62%. Over the period under review, average import prices hit record highs at $26,877 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($33,373 per ton), while the price for Brazil ($6,814 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Medicaments Containing Vitamins Exports in Colombia
After two years of decline, shipments abroad of medicaments containing vitamins and provitamins increased by 1.4% to 1.1K tons in 2022. Over the period under review, exports, however, continue to indicate a perceptible setback.
In value terms, medicaments containing vitamins exports dropped to $44M in 2022. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. As a result, the exports reached the peak of $47M, and then declined in the following year.
| Export of Medicaments Containing Vitamins in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | 3.8 | 5.7 | 4.7 | 10.9 | 42.1% |
| El Salvador | 7.6 | 5.3 | 8.3 | 8.1 | 2.1% |
| Netherlands | N/A | N/A | 2.9 | 7.6 | 162.1% |
| Guatemala | 1.4 | 2.2 | 2.8 | 5.1 | 53.9% |
| Brazil | 1.3 | 2.9 | 2.7 | 4.5 | 51.3% |
| Bolivia | 1.0 | 1.3 | 1.7 | 3.4 | 50.4% |
| United Kingdom | 4.5 | 4.3 | 2.5 | 1.8 | -26.3% |
| Chile | 1.7 | 1.0 | 1.3 | 1.7 | 0.0% |
| Ecuador | 12.8 | 10.0 | 8.9 | N/A | -16.6% |
| Peru | 2.4 | 2.8 | 4.4 | N/A | 35.4% |
| Malaysia | 2.9 | 0.7 | N/A | N/A | -75.9% |
| Panama | 3.0 | 3.0 | 1.3 | N/A | -34.2% |
| Honduras | 0.9 | 0.6 | 0.8 | N/A | -5.7% |
| Others | 1.5 | 1.7 | 4.7 | 1.0 | -12.6% |
| Total | 44.9 | 41.4 | 47.0 | 44.2 | -0.5% |
Top Export Markets for Medicaments Containing Vitamins from Colombia in 2022:
- Brazil (268.3 tons)
- Nicaragua (258.2 tons)
- Guatemala (152.1 tons)
- Netherlands (143.2 tons)
- Bolivia (90.5 tons)
- United Kingdom (78.2 tons)
- El Salvador (44.3 tons)
- Chile (40.4 tons)
Medicaments Containing Vitamins Imports in Colombia
After three years of growth, overseas purchases of medicaments containing vitamins and provitamins decreased by -13.3% to 1.6K tons in 2022. Overall, imports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2021 when imports increased by 72%. As a result, imports reached the peak of 1.8K tons, and then fell in the following year.
In value terms, medicaments containing vitamins imports fell remarkably to $23M in 2022. In general, total imports indicated a slight increase from 2019 to 2022: its value increased at an average annual rate of +1.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +27.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 55%. As a result, imports attained the peak of $29M, and then contracted markedly in the following year.
| Import of Medicaments Containing Vitamins in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 5.3 | 3.8 | 4.7 | 10.6 | 26.0% |
| United States | 5.9 | 3.6 | 2.9 | 4.7 | -7.3% |
| Germany | 3.6 | 3.7 | 5.1 | 4.4 | 6.9% |
| Mexico | 2.6 | 2.9 | 3.1 | 1.9 | -9.9% |
| Brazil | 0.5 | 0.3 | 0.5 | 1.0 | 26.0% |
| Argentina | 2.5 | 2.0 | 3.3 | N/A | 14.9% |
| China | 0.6 | 0.6 | 1.0 | N/A | 29.1% |
| Others | 1.4 | 1.6 | 8.0 | 0.8 | -17.0% |
| Total | 22.5 | 18.4 | 28.5 | 23.4 | 1.3% |
Top Suppliers of Medicaments Containing Vitamins to Colombia in 2022:
- Germany (553.9 tons)
- Canada (437.3 tons)
- United States (389.9 tons)
- Brazil (144.2 tons)
- Mexico (57.4 tons)
This report provides an in-depth analysis of the medicaments containing vitamins market in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 21201360 - Medicaments containing vitamins, provitamins, derivatives and intermixtures thereof, for therapeutic or prophylactic uses, put up in measured doses or for retail sale
Country coverage:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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