Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Colombia - 2022

Contents:

  1. Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Colombia (CIF) - 2022
  2. Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Colombia (FOB) - 2022
  3. Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Colombia
  4. Exports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Colombia

Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Colombia (CIF) - 2022

The average import price for pharmaceutical goods; appliances identifiable for ostomy uses stood at $75,807 per ton in 2022, increasing by 27% against the previous year. In general, the import price saw a notable increase. The growth pace was the most rapid in 2021 when the average import price increased by 29% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

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 the United States ($380,453 per ton), while the price for China ($9,619 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+21.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Colombia (FOB) - 2022

In 2022, the average export price for pharmaceutical goods; appliances identifiable for ostomy uses amounted to $65,004 per ton, growing by 119% against the previous year. Over the period under review, the export price posted measured growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Ecuador.

From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to +5.5% per year.

Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Colombia

In 2022, the amount of pharmaceutical goods; appliances identifiable for ostomy uses imported into Colombia soared to 175 tons, with an increase of 64% against 2021. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.2% 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 +73.8% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of pharmaceutical goods; appliances identifiable for ostomy uses skyrocketed to $13M in 2022. Over the period under review, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/A0.11.54.5570.8%
Dominican Republic3.74.43.54.35.1%
United States0.20.20.73.9169.2%
Denmark0.40.30.20.40.0%
ChinaN/AN/A0.1N/A0%
Others0.20.50.40.20.0%
Total4.55.46.413.343.5%

Top Suppliers of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use to Colombia in 2022:

  1. Dominican Republic (96.6 tons)
  2. France (54.8 tons)
  3. United States (10.3 tons)
  4. Denmark (4.8 tons)
  5. China (4.8 tons)

Exports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Colombia

In 2022, approx. 984 kg of pharmaceutical goods; appliances identifiable for ostomy uses were exported from Colombia; picking up by 552% compared with the previous year's figure. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 682%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of pharmaceutical goods; appliances identifiable for ostomy uses skyrocketed to $64K in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador0.55.22.964.0404.0%
Peru0.42.01.2N/A73.2%
Bolivia0.10.90.4N/A100.0%
OthersN/AN/AN/AN/A0%
Total1.18.24.564.0287.5%

Top Export Markets for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use from Colombia in 2022:

  1. Ecuador (984.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Pharmaceutical goods; appliances identifiable for ostomy use - Colombia