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Store → Pharmaceutical Products → Pharmaceuticals, Medicinal Chemical And Botanical Products → Adhesive Bandages
Report Colombia - Adhesive Bandages - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: May 11, 2023

Colombia - Adhesive Bandages - Market Analysis, Forecast, Size, Trends and Insights

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Colombia: Adhesive Bandage Market 2023

Adhesive Bandage Market Size in Colombia

The Colombian adhesive bandage market reached $X in 2022, stabilizing at the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Adhesive Bandage Production in Colombia

In value terms, adhesive bandage production rose to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by 12%. Adhesive bandage production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Adhesive Bandage Exports

Exports from Colombia

In 2022, approx. X tons of adhesive bandages were exported from Colombia; dropping by -4.5% compared with the previous year. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when exports increased by 27% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, adhesive bandage exports fell to $X in 2022. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when exports increased by 29%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Mexico (X tons), Argentina (X tons) and the Netherlands (X tons) were the main destinations of adhesive bandage exports from Colombia, together comprising 53% of total exports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +99.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for adhesive bandage exported from Colombia were Mexico ($X), Ecuador ($X) and the Netherlands ($X), together accounting for 50% of total exports.

In terms of the main countries of destination, the Netherlands, with a CAGR of +94.1%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average adhesive bandage export price stood at $X per ton in 2022, declining by -7% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 7.5% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Argentina ($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 Venezuela (+33.6%), while the prices for the other major destinations experienced more modest paces of growth.

Adhesive Bandage Imports

Imports into Colombia

After five years of growth, purchases abroad of adhesive bandages decreased by -15.4% to X tons in 2022. In general, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 66% against the previous year. As a result, imports attained the peak of X tons, and then shrank dramatically in the following year.

In value terms, adhesive bandage imports reduced dramatically to $X in 2022. Over the period under review, imports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 75%. As a result, imports attained the peak of $X, and then contracted sharply in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest adhesive bandage supplier to Colombia, accounting for a 57% share of total imports. Moreover, adhesive bandage imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold. Germany (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +22.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+3.7% per year) and Germany (+33.2% per year).

In value terms, the United States ($X), the UK ($X) and China ($X) constituted the largest adhesive bandage suppliers to Colombia, with a combined 80% share of total imports. Germany, the Dominican Republic and Taiwan (Chinese) lagged somewhat behind, together comprising a further 15%.

Among the main suppliers, the Dominican Republic, with a CAGR of +147.0%, 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 adhesive bandage import price stood at $X per ton in 2022, reducing by -7.1% against the previous year. Over the period under review, the import price recorded a deep downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 43%. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a somewhat 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 the UK ($X per ton), while the price for China ($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 Dominican Republic (+14.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for adhesive bandages in the world?
+
The country with the largest volume of adhesive bandage consumption was Russia, accounting for 52% of total volume. Moreover, adhesive bandage consumption in Russia exceeded the figures recorded by the second-largest consumer, China, sixfold. The third position in this ranking was taken by the United States, with a 6.9% share.
What are the largest producers of adhesive bandages in the world?
+
Russia remains the largest adhesive bandage producing country worldwide, accounting for 52% of total volume. Moreover, adhesive bandage production in Russia exceeded the figures recorded by the second-largest producer, China, threefold. The third position in this ranking was held by the United States, with a 5.2% share.
What are the leading suppliers of adhesive bandages to Colombia?
+
In value terms, the largest adhesive bandage suppliers to Colombia were the United States, the UK and China, with a combined 80% share of total imports. These countries were followed by Germany, the Dominican Republic and Taiwan Chinese), which together accounted for a further 15%.
What are the leading importers of adhesive bandages from Colombia?
+
In value terms, Mexico, Ecuador and the Netherlands constituted the largest markets for adhesive bandage exported from Colombia worldwide, with a combined 50% share of total exports.
What is the average export price for adhesive bandages in Colombia?
+
In 2022, the average adhesive bandage export price amounted to $14,185 per ton, reducing by -7% against the previous year.
What is the average import price for adhesive bandages in Colombia?
+
In 2022, the average adhesive bandage import price amounted to $17,364 per ton, reducing by -7.1% against the previous year.

This report provides an in-depth analysis of the adhesive bandage market 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 21202420 - Adhesive dressings or similar articles, impregnated or coated with pharmaceutical substances, or put up in forms for retail sale
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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS  This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
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
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, 2012–2022
Figure 24:
Imports, In Value Terms, 2012–2022
Figure 25:
Imports, In Physical Terms, By Country, 2022
Figure 26:
Imports, In Physical Terms, By Country, 2012–2022
Figure 27:
Imports, In Value Terms, By Country, 2012–2022
Figure 28:
Import Prices, By Country Of Origin, 2012–2022
Figure 29:
Exports, In Physical Terms, 2012–2022
Figure 30:
Exports, In Value Terms, 2012–2022
Figure 31:
Exports, In Physical Terms, By Country, 2022
Figure 32:
Exports, In Physical Terms, By Country, 2012–2022
Figure 33:
Exports, In Value Terms, By Country, 2012–2022
Figure 34:
Export Prices, By Country Of Destination, 2012–2022
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