Chile: Veterinary Medicine Vaccines Market 2024

Veterinary Medicine Vaccines Market Size in Chile

The Chilean veterinary medicine vaccines market fell to $X in 2022, with a decrease of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a strong 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. Based on 2022 figures, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level of $X, and then declined in the following year.

Veterinary Medicine Vaccines Exports

Exports from Chile

In 2022, the amount of vaccines for veterinary medicine exported from Chile rose markedly to X tons, surging by X% on the year before. Over the period under review, exports recorded resilient growth. The growth pace was the most rapid in 2016 with an increase of X%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, veterinary medicine vaccines exports rose remarkably to $X in 2022. In general, exports posted a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Argentina (X tons), Saudi Arabia (X tons) and Peru (X kg) were the main destinations of veterinary medicine vaccines exports from Chile.

From 2012 to 2022, the biggest increases were recorded for Argentina (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for veterinary medicine vaccines exported from Chile were Saudi Arabia ($X), Argentina ($X) and Peru ($X).

In terms of the main countries of destination, Argentina, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average veterinary medicine vaccines export price stood at $X per ton in 2022, approximately equating the previous year. In general, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2017 an increase of X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Peru ($X 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 Argentina (X%), while the prices for the other major destinations experienced mixed trend patterns.

Veterinary Medicine Vaccines Imports

Imports into Chile

In 2022, after five years of growth, there was significant decline in supplies from abroad of vaccines for veterinary medicine, when their volume decreased by X% to X tons. In general, imports, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of X tons, and then contracted significantly in the following year.

In value terms, veterinary medicine vaccines imports dropped to $X in 2022. Over the period under review, total imports indicated a noticeable 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. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

In 2022, the United States (X tons) constituted the largest veterinary medicine vaccines supplier to Chile, accounting for a X% share of total imports. Moreover, veterinary medicine vaccines imports from the United States exceeded the figures recorded by the second-largest supplier, Norway (X tons), sevenfold. The third position in this ranking was taken by the Netherlands (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (X% per year) and the Netherlands (X% per year).

In value terms, Norway ($X), the United States ($X) and the Netherlands ($X) were the largest veterinary medicine vaccines suppliers to Chile, together comprising X% of total imports. France, Canada, Argentina, the UK and Brazil lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, France, with a CAGR of X%, saw the highest rates of growth with regard to 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 veterinary medicine vaccines import price stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the import price, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2016 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average 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 Norway ($X,913 per ton), while the price for Brazil ($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 Netherlands (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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