Ecuador: Market for Medicaments Containing Corticosteroid Hormones 2024

Market Size for Medicaments Containing Corticosteroid Hormones in Ecuador

In 2022, the Ecuadorian medicaments containing corticosteroid hormones market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, continues to indicate a noticeable shrinkage. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Exports of Medicaments Containing Corticosteroid Hormones

Exports from Ecuador

In 2022, exports of medicaments containing corticosteroid hormones from Ecuador contracted rapidly to X tons, which is down by X% compared with the previous year's figure. In general, exports, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports attained the peak of X tons, and then declined markedly in the following year.

In value terms, medicaments containing corticosteroid hormones exports shrank markedly to $X in 2022. Overall, exports recorded a deep downturn. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Chile (X tons), Bolivia (X tons) and Colombia (X kg) were the main destinations of medicaments containing corticosteroid hormones exports from Ecuador, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Chile (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X), Bolivia ($X) and Chile ($X) constituted the largest markets for medicaments containing corticosteroid hormones exported from Ecuador worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Chile, 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 more modest paces of growth.

Export Prices by Country

In 2022, the average medicaments containing corticosteroid hormones export price amounted to $X per ton, shrinking by X% against the previous year. In general, the export price saw a abrupt decrease. The growth pace was the most rapid in 2019 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($X per ton), while the average price for exports to Chile ($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 Chile (X%), while the prices for the other major destinations experienced more modest paces of growth.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Imports of Medicaments Containing Corticosteroid Hormones

Imports into Ecuador

In 2022, approx. X tons of medicaments containing corticosteroid hormones were imported into Ecuador; increasing by X% on the year before. In general, imports, however, recorded a noticeable reduction. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, medicaments containing corticosteroid hormones imports reached $X in 2022. Over the period under review, imports, however, showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Colombia (X tons), Mexico (X tons) and Argentina (X tons) were the main suppliers of medicaments containing corticosteroid hormones imports to Ecuador, together comprising X% of total imports. India, Chile, Costa Rica, Peru, Belgium, Brazil, Germany, the UK, Spain and Slovenia lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest medicaments containing corticosteroid hormones suppliers to Ecuador were Colombia ($X), Argentina ($X) and Mexico ($X), together accounting for X% of total imports. India, Brazil, Belgium, Chile, Costa Rica, the UK, Germany, Spain, Peru and Slovenia lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Slovenia, with a CAGR of X%, saw 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 containing corticosteroid hormones import price stood at $X per ton in 2022, remaining stable against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :