Ecuador: Market for Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof 2022

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

In 2021, after two years of decline, there was significant growth in the Ecuadorian penicillins or streptomycins medicaments market, when its value increased by X% to $X. In general, consumption posted a prominent increase. Penicillins or streptomycins medicaments consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Exports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Exports from Ecuador

In 2021, the amount of medicaments of penicillins, streptomycins or derivatives thereof exported from Ecuador rose rapidly to X tons, with an increase of X% compared with the previous year's figure. In general, exports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, penicillins or streptomycins medicaments exports fell dramatically to $X in 2021. Overall, exports, however, continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The Dominican Republic (X tons), Peru (X tons) and Colombia (X tons) were the main destinations of penicillins or streptomycins medicaments exports from Ecuador, together accounting for X% of total exports. These countries were followed by Guatemala, Bolivia, the United States and Chile, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Guatemala (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Peru ($X) remains the key foreign market for penicillins or streptomycins medicaments exports from Ecuador, comprising X% of total exports. The second position in the ranking was occupied by Bolivia ($X), with a X% share of total exports. It was followed by Guatemala, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Peru amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (+X% per year) and Guatemala (+X% per year).

Export Prices by Country

In 2021, the average penicillins or streptomycins medicaments export price amounted to $X per ton, reducing by -X% against the previous year. Overall, the export price continues to indicate a perceptible contraction. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Peru ($X per ton), while the average price for exports to the Dominican Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Imports into Ecuador

In 2021, approx. X tons of medicaments of penicillins, streptomycins or derivatives thereof were imported into Ecuador; with an increase of X% compared with the previous year. Over the period under review, imports showed a resilient increase. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth imports remained at a lower figure.

In value terms, penicillins or streptomycins medicaments imports surged to $X in 2021. In general, imports saw a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Colombia (X tons), Slovenia (X tons) and Germany (X tons) were the main suppliers of penicillins or streptomycins medicaments imports to Ecuador, with a combined X% share of total imports.

From 2012 to 2021, the biggest increases were in 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) constituted the largest penicillins or streptomycins medicaments suppliers to Ecuador, together accounting for X% of total imports. Italy, the UK, Germany, France, Chile, Argentina, Mexico, Austria, Peru and Portugal lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, recorded the highest growth rate of 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 2021, the average penicillins or streptomycins medicaments import price amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2013 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, 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