Pharmaceutical Goods Price in Brazil - 2023
Contents:
- Pharmaceutical Goods Price in Brazil (CIF) - 2022
- Pharmaceutical Goods Price in Brazil (FOB) - 2022
- Pharmaceutical Goods Imports in Brazil
- Pharmaceutical Goods Exports in Brazil
Pharmaceutical Goods Price in Brazil (CIF) - 2022
The average pharmaceutical goods import price stood at $96,181 per ton in 2022, rising by 19% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The import price peaked at $102,568 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Finland ($689,236 per ton), while the price for Thailand ($8,116 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Pharmaceutical Goods Price in Brazil (FOB) - 2022
The average pharmaceutical goods export price stood at $142,716 per ton in 2022, surging by 9.3% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 19% against the previous year. As a result, the export price attained the peak level of $154,439 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($313,945 per ton), while the average price for exports to Indonesia ($26,336 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Pharmaceutical Goods Imports in Brazil
Pharmaceutical goods imports into Brazil rose sharply to 2.5K tons in 2022, picking up by 10% on the year before. The total import volume increased at an average annual rate of +7.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, pharmaceutical goods imports surged to $245M in 2022. The total import value increased at an average annual rate of +8.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Pharmaceutical Goods in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 32.9 | 27.3 | 31.9 | 41.0 | 7.6% |
| Finland | 24.4 | 23.2 | 28.6 | 39.4 | 17.3% |
| United States | 32.2 | 23.6 | 25.6 | 33.5 | 1.3% |
| Netherlands | 8.1 | 10.1 | 12.0 | 24.0 | 43.6% |
| China | 13.4 | 13.6 | 12.6 | 14.3 | 2.2% |
| Hungary | 8.4 | 14.7 | 12.4 | 9.9 | 5.6% |
| Dominican Republic | 6.2 | 7.1 | 5.8 | 8.5 | 11.1% |
| Italy | 6.5 | 4.3 | 5.6 | 5.9 | -3.2% |
| Ireland | 7.6 | 4.4 | 3.2 | 4.8 | -14.2% |
| France | 6.6 | 5.7 | 3.5 | 4.7 | -10.7% |
| Costa Rica | N/A | 0.3 | 0.2 | 3.2 | 226.6% |
| Denmark | 9.6 | 0.6 | 1.5 | 2.1 | -39.7% |
| Thailand | N/A | 0.3 | 0.7 | 0.5 | 29.1% |
| Others | 34.6 | 31.9 | 43.6 | 53.5 | 15.6% |
| Total | 191 | 167 | 187 | 245 | 8.7% |
Top Suppliers of Pharmaceutical Goods to Brazil in 2022:
- Germany (493.2 tons)
- China (467.0 tons)
- United States (283.6 tons)
- Dominican Republic (213.4 tons)
- Hungary (202.1 tons)
- Italy (179.8 tons)
- Ireland (108.8 tons)
- Costa Rica (79.9 tons)
- Netherlands (59.7 tons)
- Thailand (59.2 tons)
- Finland (57.2 tons)
- France (53.1 tons)
- Denmark (20.0 tons)
Pharmaceutical Goods Exports in Brazil
In 2022, exports of pharmaceutical goodses from Brazil soared to 955 tons, surging by 16% against 2021. The total export volume increased at an average annual rate of +5.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, pharmaceutical goods exports skyrocketed to $136M in 2022. The total export value increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Pharmaceutical Goods in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 20.8 | 13.9 | 15.6 | 23.2 | 3.7% |
| Colombia | 13.2 | 11.3 | 11.2 | 18.7 | 12.3% |
| Argentina | 15.0 | 12.0 | 13.8 | 14.8 | -0.4% |
| United States | 13.6 | 9.4 | 10.6 | 11.6 | -5.2% |
| Mexico | 7.5 | 11.1 | 9.7 | 10.4 | 11.5% |
| Panama | 8.9 | 9.1 | 5.8 | 8.8 | -0.4% |
| Chile | 6.8 | 5.8 | 5.8 | 8.1 | 6.0% |
| Ecuador | 4.3 | 4.9 | 4.1 | 6.7 | 15.9% |
| Peru | 6.3 | 4.3 | 6.3 | 6.6 | 1.6% |
| Indonesia | 4.6 | 4.6 | 3.3 | 2.7 | -16.3% |
| Uruguay | 2.4 | 2.4 | 2.0 | 2.5 | 1.4% |
| Paraguay | 2.1 | 2.1 | 2.2 | 2.1 | 0.0% |
| Bolivia | 1.8 | 1.0 | 1.3 | 1.7 | -1.9% |
| Others | 18.2 | 12.4 | 15.9 | 18.4 | 0.4% |
| Total | 125 | 104 | 108 | 136 | 2.9% |
Top Export Markets for Pharmaceutical Goods from Brazil in 2022:
- Argentina (151.4 tons)
- Indonesia (102.1 tons)
- Colombia (76.8 tons)
- Mexico (75.4 tons)
- Belgium (74.1 tons)
- Chile (72.9 tons)
- Peru (67.2 tons)
- Ecuador (59.0 tons)
- Panama (50.0 tons)
- United States (43.2 tons)
- Bolivia (30.1 tons)
- Uruguay (18.0 tons)
- Paraguay (17.8 tons)
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