Latin America and the Caribbean - Gel Preparations For Human Or Veterinary Medicine - Market Analysis, Forecast, Size, Trends And Insights

Latin America and the Caribbean: Medical Gel Preparations Market Overview 2019

Medical Gel Preparations Market Size in Latin America and the Caribbean

The revenue of the medical gel preparations market in Latin America and the Caribbean amounted to $X in 2017, surging by X% against the previous year. The medical gel preparations consumption continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2009, when it surged by X% against the previous year. Over the period under review, the medical gel preparations market attained its peak figure level in 2017, and is expected to retain its growth in the immediate term.

Medical Gel Preparations Production in Latin America and the Caribbean

In 2017, the amount of gel preparations for human or veterinary medicine produced in Latin America and the Caribbean amounted to X tonnes, approximately mirroring the previous year. The medical gel preparations production continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2013, when the output figure increased by X% year-to-year. The volume of medical gel preparations production peaked of X tonnes in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Medical Gel Preparations Exports

Exports in Latin America and the Caribbean

In 2017, medical gel preparations exports in Latin America and the Caribbean amounted to X tonnes, picking up by X% against the previous year. The medical gel preparations exports continue to indicate an abrupt decrease. The pace of growth appeared the most rapid in 2015, when it surged by X% against the previous year. Over the period under review, the medical gel preparations exports reached its peak figure volume of X tonnes in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, medical gel preparations exports amounted to $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. In that year, the medical gel preparations exports attained their peak level of $X. From 2013 to 2017, growth of the medical gel preparations exports failed to regain its momentum.

Exports by Country

In 2017, Mexico (X tonnes) represented the largest exporter for gel preparations for human or veterinary medicine, generating X% of total exports. It was distantly followed by Brazil (X tonnes), making up X% share of total exports. Venezuela (X tonnes) held the slight share of total exports.

From 2007 to 2017, average annual rates of growth with regard to medical gel preparations exports from Mexico stood at -X%. At the same time, Brazil (+X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, Venezuela (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Mexico increased by X% percentage points, while Brazil (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest medical gel preparations supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global exports. It was followed by Venezuela, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Mexico amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (+X% per year) and Venezuela (+X% per year).

Export Prices by Country

The medical gel preparations export price in Latin America and the Caribbean stood at $X per kg in 2017, reducing by -X% against the previous year. The medical gel preparations export price continues to indicate a strong expansion. The pace of growth was the most pronounced in 2012, an increase of X% year-to-year. The level of export price peaked of $X per kg in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Mexico ($X per kg), while Venezuela ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Mexico (+X% per year), while the other leaders experienced more modest paces of growth.

Medical Gel Preparations Imports

Imports in Latin America and the Caribbean

In 2017, the amount of gel preparations for human or veterinary medicine imported in Latin America and the Caribbean amounted to X tonnes, surging by X% against the previous year. The medical gel preparations imports continue to indicate a remarkable expansion. The pace of growth was the most pronounced in 2013, with an increase of X% y-o-y. In that year, the medical gel preparations imports reached their peak volume of X tonnes. From 2014 to 2017, growth of the medical gel preparations imports failed to regain its momentum.

In value terms, medical gel preparations imports totaled $X in 2017. The medical gel preparations imports continue to indicate a prominent growth. The level of imports peaked in 2017, and are expected to retain its growth in the near future.

Imports by Country

Mexico prevails in medical gel preparations imports structure, amounting to X tonnes, which was near X% of total imports in 2017. The Dominican Republic (X tonnes), Nicaragua (X tonnes), Peru (X tonnes), Venezuela (X tonnes), Honduras (X tonnes) and Ecuador (X tonnes) followed a long way behind the leaders.

Imports into Mexico increased at an average annual rate of +X% from 2007 to 2017. At the same time, Nicaragua (+X%), the Dominican Republic (+X%), Ecuador (+X%), Venezuela (+X%) and Peru (+X%) displayed positive paces of growth. Moreover, Nicaragua emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, Honduras (-X%) illustrated a downward trend over the same period. While the share of Nicaragua (-X%), the Dominican Republic (-X%) and Mexico (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported gel preparations for human or veterinary medicine in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by the Dominican Republic ($X), with a X% share of global imports. It was followed by Peru, with a X% share.

In Mexico, medical gel preparations imports increased at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: the Dominican Republic (+X% per year) and Peru (+X% per year).

Import Prices by Country

The medical gel preparations import price in Latin America and the Caribbean stood at $X per tonne in 2017, surging by X% against the previous year. The medical gel preparations import price continues to indicate a mild descent. The pace of growth appeared the most rapid in 2011, when the import prices increased by X% year-to-year. The level of import price peaked of $X per kg in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Peru ($X per kg), while Mexico ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Ecuador (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform