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

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

In 2022, the Ecuadorian penicillins or streptomycins medicaments market was finally on the rise to reach $X after three years of decline. Overall, consumption saw a strong expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Exports from Ecuador

In 2022, overseas shipments of medicaments of penicillins, streptomycins or derivatives thereof were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a abrupt setback. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, penicillins or streptomycins medicaments exports contracted notably to $X in 2022. Overall, exports, however, faced a sharp slump. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Colombia (X tons) was the main destination for penicillins or streptomycins medicaments exports from Ecuador, with a X% share of total exports. Moreover, penicillins or streptomycins medicaments exports to Colombia exceeded the volume sent to the second major destination, Bolivia (X tons), twofold. The United States (X tons) ranked third in terms of total exports with a X% share.

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

In value terms, Colombia ($X) emerged as the key foreign market for medicaments of penicillins, streptomycins or derivatives thereof exports from Ecuador, comprising X% of total exports. The second position in the ranking was taken by Bolivia ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

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

Export Prices by Country

In 2022, the average penicillins or streptomycins medicaments export price amounted to $X per ton, dropping by X% against the previous year. In general, the export price continues to indicate a abrupt setback. The growth pace was the most rapid in 2013 when the average export price increased by X%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($X per ton), while the average price for exports to Colombia ($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 (X%), while the prices for the other major destinations experienced a decline.

Imports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Imports into Ecuador

In 2022, purchases abroad of medicaments of penicillins, streptomycins or derivatives thereof was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports showed a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, penicillins or streptomycins medicaments imports skyrocketed to $X in 2022. In general, imports showed a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Austria (X tons), Colombia (X tons) and Slovenia (X tons) were the main suppliers of penicillins or streptomycins medicaments imports to Ecuador, together accounting for X% of total imports. India, Germany, Chile, Argentina, France and the UK lagged somewhat behind, together accounting for a further X%.

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

In value terms, Slovenia ($X), Colombia ($X) and India ($X) were the largest penicillins or streptomycins medicaments suppliers to Ecuador, together accounting for X% of total imports. Chile, the UK, Argentina, Austria, Germany and France lagged somewhat behind, together accounting for a further X%.

Germany, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average penicillins or streptomycins medicaments import price amounted to $X per ton, declining by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform