Report Update May 1, 2024

Cuba - Medicaments of Penicillins, Streptomycins or Derivatives Thereof - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Market for Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof 2024

Market Size for Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof in Cuba

The Cuban penicillins or streptomycins medicaments market reached $X in 2021, almost unchanged from the previous year. Over the period under review, consumption continues to indicate strong growth. Penicillins or streptomycins medicaments consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Production of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof in Cuba

In value terms, penicillins or streptomycins medicaments production declined to $X in 2021 estimated in export price. Overall, production, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2016 when the production volume increased by 49% against the previous year. Penicillins or streptomycins medicaments production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Exports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Exports from Cuba

In 2021, penicillins or streptomycins medicaments exports from Cuba declined to X tons, reducing by -10.9% compared with the previous year's figure. Overall, exports saw a dramatic curtailment. The pace of growth was the most pronounced in 2016 with an increase of 1,024%. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, penicillins or streptomycins medicaments exports dropped to $X in 2021. In general, exports saw a significant curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 861%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Venezuela (X tons) was the main destination for penicillins or streptomycins medicaments exports from Cuba, accounting for a 119% share of total exports. It was followed by Angola (X kg), with a 0.2% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Venezuela totaled -18.7%.

In value terms, Venezuela ($X) remains the key foreign market for medicaments of penicillins, streptomycins or derivatives thereof exports from Cuba, comprising 116% of total exports. The second position in the ranking was taken by Angola ($X), with a 2% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Venezuela amounted to -20.4%.

Export Prices by Country

In 2021, the average penicillins or streptomycins medicaments export price amounted to $X per ton, approximately equating the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 9.7%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Angola ($X per ton), while the average price for exports to Venezuela totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+43.5%).

Imports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Imports into Cuba

In 2021, supplies from abroad of medicaments of penicillins, streptomycins or derivatives thereof was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 114%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, penicillins or streptomycins medicaments imports skyrocketed to $X in 2021. In general, imports recorded a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Canada (X tons) and Panama (X tons) were the main suppliers of penicillins or streptomycins medicaments imports to Cuba, with a combined 87% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Panama (with a CAGR of +35.5%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Canada ($X), China ($X) and Panama ($X) appeared to be the largest penicillins or streptomycins medicaments suppliers to Cuba, with a combined 30% share of total imports.

Among the main suppliers, Panama, with a CAGR of +35.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average penicillins or streptomycins medicaments import price stood at $X per ton in 2021, with an increase of 124% against the previous year. Over the period under review, the import price showed buoyant growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 130%. Over the period under review, average import prices reached the maximum in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Panama ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Panama (-0.3%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for medicaments of penicillins, streptomycins or derivatives thereof in the world?

China remains the largest penicillins or streptomycins medicaments consuming country worldwide, comprising approx. 21% of total volume. Moreover, penicillins or streptomycins medicaments consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. India ranked third in terms of total consumption with a 6.2% share.

What are the largest producers of medicaments of penicillins, streptomycins or derivatives thereof in the world?

The country with the largest volume of penicillins or streptomycins medicaments production was China, accounting for 26% of total volume. Moreover, penicillins or streptomycins medicaments production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was taken by the United States, with a 7.2% share.

What are the leading suppliers of medicaments of penicillins, streptomycins or derivatives thereof to Cuba?

In value terms, the largest penicillins or streptomycins medicaments suppliers to Cuba were Canada, China and Panama, with a combined 30% share of total imports.

What are the leading importers of medicaments of penicillins, streptomycins or derivatives thereof from Cuba?

In value terms, Venezuela remains the key foreign market for medicaments of penicillins, streptomycins or derivatives thereof exports from Cuba, comprising 116% of total exports. The second position in the ranking was held by Angola, with a 2% share of total exports.

What is the average export price for medicaments of penicillins, streptomycins or derivatives thereof in Cuba?

In 2021, the average penicillins or streptomycins medicaments export price amounted to $82,347 per ton, stabilizing at the previous year.

What is the average import price for medicaments of penicillins, streptomycins or derivatives thereof in Cuba?

In 2021, the average penicillins or streptomycins medicaments import price amounted to $19,862 per ton, growing by 124% against the previous year.

This report provides an in-depth analysis of the market for penicillins or streptomycins medicaments in Cuba. 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 21201160 - Medicaments of penicillins, streptomycins or derivatives thereof, in doses or p.r.s.

Country coverage:

Cuba

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Cuba
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
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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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023