Latin America and the Caribbean: Organ Extracts Market 2024

Organ Extracts Market Size in Latin America and the Caribbean

The Latin American organ extracts market fell to $X in 2022, dropping by X% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Organ Extracts Production in Latin America and the Caribbean

In value terms, organ extracts production declined to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Organ Extracts Exports

Exports in Latin America and the Caribbean

In 2022, approx. X tons of extracts of glands or other organs or of their secretions were exported in Latin America and the Caribbean; picking up by X% against 2021 figures. Over the period under review, exports, however, showed a sharp decline. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, organ extracts exports soared to $X in 2022. In general, exports, however, faced a sharp downturn. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Uruguay (X tons) and Colombia (X tons) represented the main exporters of extracts of glands or other organs or of their secretions in Latin America and the Caribbean, together amounting to near X% of total exports. It was distantly followed by Argentina (X tons), making up a X% share of total exports. The following exporters - Cuba (X tons) and Brazil (X tons) - each finished at an X% share of total exports.

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

In value terms, Colombia ($X) emerged as the largest organ extracts supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Argentina ($X), with a X% share of total exports. It was followed by Brazil, with a X% share.

In Colombia, organ extracts exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Argentina (X% per year) and Brazil (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, declining by X% against the previous year. Overall, the export price continues to indicate a pronounced setback. The pace of growth was the most pronounced in 2021 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Colombia ($X per ton), while Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cuba (X%), while the other leaders experienced a decline in the export price figures.

Organ Extracts Imports

Imports in Latin America and the Caribbean

In 2022, purchases abroad of extracts of glands or other organs or of their secretions decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, organ extracts imports dropped to $X in 2022. Over the period under review, imports showed a precipitous decline. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Bolivia (X tons), distantly followed by Venezuela (X tons), Paraguay (X tons), Mexico (X tons), Colombia (X tons) and Barbados (X tons) represented the largest importers of extracts of glands or other organs or of their secretions, together constituting X% of total imports. Brazil (X tons) took a minor share of total imports.

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

In value terms, Venezuela ($X) constitutes the largest market for imported extracts of glands or other organs or of their secretions in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was taken by Mexico ($X), with a X% share of total imports. It was followed by Brazil, with an X% share.

In Venezuela, organ extracts imports declined by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Mexico (X% per year) and Brazil (X% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the import price recorded a abrupt curtailment. The pace of growth was the most pronounced in 2016 an increase of X%. The level of import peaked at $X,546 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Venezuela ($X per ton), while Bolivia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Venezuela (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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