Angola: Market for Medicaments Of Other Antibiotics 2024

Market Size for Medicaments Of Other Antibiotics in Angola

The Angolan medicaments of other antibiotics market soared to $X in 2022, picking up by X% against the previous year. In general, the total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Production of Medicaments Of Other Antibiotics in Angola

In value terms, medicaments of other antibiotics production declined dramatically to $X in 2022 estimated in export price. In general, production continues to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Medicaments of other antibiotics production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Exports of Medicaments Of Other Antibiotics

Exports from Angola

In 2022, shipments abroad of medicaments of other antibiotics decreased by X% to X kg for the first time since 2019, thus ending a two-year declining trend. In general, exports faced a dramatic downturn. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, medicaments of other antibiotics exports shrank notably to $X in 2022. Over the period under review, exports showed a deep contraction. The most prominent rate of growth was recorded in 2019 with an increase of X%. The exports peaked at $X in 2021, and then shrank dramatically in the following year.

Exports by Country

Cuba (X kg), Italy (X kg) and Sao Tome and Principe (X kg) were the main destinations of medicaments of other antibiotics exports from Angola. Moreover, medicaments of other antibiotics exports in Cuba exceeded the figures recorded by the second-largest exporter, Italy, twofold.

From 2016 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, Cuba ($X) emerged as the key foreign market for medicaments of other antibiotics exports from Angola, comprising X% of total exports. The second position in the ranking was held by Sao Tome and Principe ($X), with an X% share of total exports.

From 2016 to 2022, the average annual rate of growth in terms of value to Cuba amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sao Tome and Principe (X% per year) and Italy (X% per year).

Export Prices by Country

The average medicaments of other antibiotics export price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the export price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cuba ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Medicaments Of Other Antibiotics

Imports into Angola

In 2022, approx. X tons of medicaments of other antibiotics were imported into Angola; rising by X% compared with 2021 figures. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, medicaments of other antibiotics imports surged to $X in 2022. In general, total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

India (X tons), China (X tons) and Portugal (X tons) were the main suppliers of medicaments of other antibiotics imports to Angola, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest medicaments of other antibiotics suppliers to Angola were India ($X), China ($X) and Portugal ($X), together comprising X% of total imports.

In terms of the main suppliers, China, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average medicaments of other antibiotics import price stood at $X per ton in 2022, growing by X% against the previous year. In general, the import price continues to indicate a buoyant expansion. The growth pace was the most rapid in 2015 an increase of X%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 Portugal ($X per ton), while the price for India ($X 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 Arab Emirates (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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