Canada: Market for Medicaments Of Other Antibiotics 2024

Market Size for Medicaments Of Other Antibiotics in Canada

The Canadian medicaments of other antibiotics market stood at $X in 2022, increasing by X% against the previous year. Overall, consumption enjoyed a resilient expansion. Medicaments of other antibiotics consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Medicaments Of Other Antibiotics in Canada

In value terms, medicaments of other antibiotics production rose rapidly to $X in 2022 estimated in export price. In general, production recorded strong growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Medicaments of other antibiotics production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Medicaments Of Other Antibiotics

Exports from Canada

In 2022, shipments abroad of medicaments of other antibiotics increased by X% to X tons, rising for the second year in a row after two years of decline. In general, exports, however, recorded a perceptible downturn. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, medicaments of other antibiotics exports totaled $X in 2022. Over the period under review, exports recorded a significant expansion. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for medicaments of other antibiotics exports from Canada, accounting for a X% share of total exports. Moreover, medicaments of other antibiotics exports to the United States exceeded the volume sent to the second major destination, Brazil (X tons), threefold. The third position in this ranking was taken by Morocco (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (X% per year) and Morocco (X% per year).

In value terms, the United States ($X) remains the key foreign market for medicaments of other antibiotics exports from Canada, comprising X% of total exports. The second position in the ranking was held by Switzerland ($X), with a X% share of total exports. It was followed by Brazil, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (X% per year) and Brazil (X% per year).

Export Prices by Country

In 2022, the average medicaments of other antibiotics export price amounted to $X per kg, with a decrease of X% against the previous year. Over the period under review, the export price, however, recorded a significant increase. The growth pace was the most rapid in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per kg in 2021, and then shrank in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per kg), while the average price for exports to Malaysia ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Medicaments Of Other Antibiotics

Imports into Canada

In 2022, the amount of medicaments of other antibiotics imported into Canada expanded significantly to X tons, surging by X% on the previous year. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, medicaments of other antibiotics imports dropped modestly to $X in 2022. Overall, imports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest medicaments of other antibiotics supplier to Canada, accounting for a X% share of total imports. Moreover, medicaments of other antibiotics imports from the United States exceeded the figures recorded by the second-largest supplier, South Korea (X tons), twofold. China (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and China (X% per year).

In value terms, the United States ($X) constituted the largest supplier of medicaments of other antibiotics to Canada, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with an X% share of total imports. It was followed by Italy, with an X% share.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

Import Prices by Country

The average medicaments of other antibiotics import price stood at $X per ton in 2022, dropping by X% against the previous year. In general, the import price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 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 Italy ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :