Colombia - Medicaments Of Other Antibiotics - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Colombia - Medicaments Of Other Antibiotics - Market Analysis, Forecast, Size, Trends And Insights

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Price for Medicaments of Other Antibiotics in Colombia - 2022

Contents:

  1. Price for Medicaments of Other Antibiotics in Colombia (CIF) - 2022
  2. Price for Medicaments of Other Antibiotics in Colombia (FOB) - 2022
  3. Imports of Medicaments of Other Antibiotics in Colombia
  4. Exports of Medicaments of Other Antibiotics in Colombia

Price for Medicaments of Other Antibiotics in Colombia (CIF) - 2022

The average medicaments of other antibiotics import price stood at $39,208 per ton in 2022, increasing by 9.5% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, medicaments of other antibiotics import price decreased by -28.3% against 2020 indices. The pace of growth was the most pronounced in 2013 an increase of 27% against the previous year. Over the period under review, average import prices attained the peak figure at $60,616 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($331,583 per ton), while the price for China ($8,213 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Medicaments of Other Antibiotics in Colombia (FOB) - 2022

In February 2022, the average medicaments of other antibiotics export price amounted to $28,013 per ton, with an increase of 7% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in March 2021 when the average export price increased by 51% month-to-month. The export price peaked at $36,740 per ton in April 2021; however, from May 2021 to February 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In February 2022, the country with the highest price was El Salvador ($49,604 per ton), while the average price for exports to Argentina ($6,418 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 Ecuador (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Medicaments of Other Antibiotics in Colombia

In 2022, approx. 2.5K tons of medicaments of other antibiotics were imported into Colombia; approximately reflecting the year before. In general, imports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2021 when imports increased by 92% against the previous year. As a result, imports reached the peak of 2.5K tons, leveling off in the following year.

In value terms, medicaments of other antibiotics imports expanded rapidly to $98M in 2022. The total import value increased at an average annual rate of +3.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Medicaments of Other Antibiotics in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy17.710.215.419.43.1%
China7.56.811.912.217.6%
India9.89.710.811.76.1%
Brazil5.55.07.16.34.6%
Mexico6.53.84.35.1-7.8%
Germany6.86.94.74.7-11.6%
United Kingdom1.91.52.73.522.6%
Argentina2.52.33.13.17.4%
Spain2.83.22.32.80.0%
Peru1.11.51.72.226.0%
Others26.820.325.626.5-0.4%
Total88.871.389.797.63.2%

Top Suppliers of Medicaments of Other Antibiotics to Colombia in 2022:

  1. China (1491.0 tons)
  2. Peru (201.5 tons)
  3. United Kingdom (189.1 tons)
  4. India (149.3 tons)
  5. Brazil (59.3 tons)
  6. Italy (58.4 tons)
  7. Mexico (56.3 tons)
  8. Argentina (46.9 tons)
  9. Spain (33.4 tons)
  10. Germany (33.2 tons)

Exports of Medicaments of Other Antibiotics in Colombia

After three years of growth, shipments abroad of medicaments of other antibiotics decreased by -11% to 1.3K tons in 2022. Overall, exports recorded a mild reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 6.5% against the previous year. As a result, the exports reached the peak of 1.5K tons, and then shrank in the following year.

In value terms, medicaments of other antibiotics exports shrank to $48M in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 9.5% against the previous year.

Export of Medicaments of Other Antibiotics in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador14.314.114.811.7-6.5%
Peru7.111.19.85.1-10.4%
Chile2.22.92.84.627.9%
Panama1.51.82.13.937.5%
Guatemala3.03.63.13.88.2%
VenezuelaN/AN/AN/A3.00%
Costa Rica3.23.04.52.7-5.5%
Mexico2.91.42.42.1-10.2%
Honduras4.54.35.42.0-23.7%
Argentina0.80.20.51.317.6%
Others7.59.010.27.81.3%
Total46.951.455.748.10.8%

Top Export Markets for Medicaments of Other Antibiotics from Colombia in 2022:

  1. Ecuador (268.9 tons)
  2. Peru (179.3 tons)
  3. Chile (172.5 tons)
  4. Costa Rica (150.9 tons)
  5. Panama (144.2 tons)
  6. Guatemala (134.0 tons)
  7. Honduras (91.9 tons)
  8. Mexico (91.0 tons)
  9. Argentina (82.7 tons)
  10. Venezuela (66.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for medicaments of other antibiotics 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 21201150 - Medicaments of other antibiotics, n.p.r.s.
  • Prodcom 21201180 - Medicaments of other antibiotics, p.r.s.

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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