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 2018, waning by -X% against the previous year. In general, medical gel preparations consumption, however, continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2011, with an increase of X% year-to-year. The level of medical gel preparations consumption peaked at $X in 2017, and then declined slightly in the following year.

Medical Gel Preparations Production in Latin America and the Caribbean

In value terms, medical gel preparations production amounted to $X in 2018 estimated in export prices. Overall, medical gel preparations production, however, continues to indicate a slight slump. The pace of growth appeared the most rapid in 2013, with an increase of X% year-to-year. The level of medical gel preparations production peaked at $X in 2009; however, from 2010 to 2018, production failed to regain its momentum.

Medical Gel Preparations Exports

Exports in Latin America and the Caribbean

In 2018, medical gel preparations exports in Latin America and the Caribbean amounted to X tonnes, shrinking by -X% against the previous year. The total exports indicated a noticeable increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the medical gel preparations exports decreased by -X% against 2015 indices. The growth pace was the most rapid in 2012, with an increase of X% against the previous year. In that year, medical gel preparations exports attained their peak of X tonnes. From 2013 to 2018, the growth of medical gel preparations exports remained at a somewhat lower figure.

In value terms, medical gel preparations exports stood at $X in 2018. Overall, medical gel preparations exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012, with an increase of X% against the previous year. In that year, medical gel preparations exports attained their peak of $X. From 2013 to 2018, the growth of medical gel preparations exports remained at a lower figure.

Exports by Country

In 2018, Mexico (X tonnes) represented the key exporter for gel preparations for human or veterinary medicine, making up X% of total exports. It was distantly followed by Venezuela (X tonnes) and Brazil (X tonnes), together mixing up X% share of total exports. Aruba (X tonnes) took a relatively small share of total exports.

From 2007 to 2018, average annual rates of growth with regard to medical gel preparations exports from Mexico stood at +X%. At the same time, Aruba (+X%) and Venezuela (+X%) displayed positive paces of growth. Moreover, Aruba emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2018. By contrast, Brazil (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Aruba, Venezuela and Mexico decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Mexico, medical gel preparations exports remained relatively stable over the period from 2007-2018. In the other countries, the average annual rates were as follows: Brazil (+X% per year) and Aruba (+X% per year).

Export Prices by Country

In 2018, the medical gel preparations export price in Latin America and the Caribbean amounted to $X per kg, dropping by -X% against the previous year. Over the period under review, the medical gel preparations export price continues to indicate a temperate descent. The most prominent rate of growth was recorded in 2016, when the export price increased by X% y-o-y. Over the period under review, the export prices for gel preparations for human or veterinary medicine reached their peak figure at $X per kg in 2009; however, from 2010 to 2018, export prices failed to regain their momentum.

Export prices varied noticeably by the country of origin; the country with the highest export price was Aruba ($X per kg), while Venezuela ($X per kg) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by Aruba, while the other leaders experienced mixed trends in the export price figures.

Medical Gel Preparations Imports

Imports in Latin America and the Caribbean

In 2018, the amount of gel preparations for human or veterinary medicine imported in Latin America and the Caribbean amounted to X tonnes, declining by -X% against the previous year. Over the period under review, medical gel preparations imports, however, continue to indicate a remarkable growth. The growth pace was the most rapid in 2012, when imports increased by X% year-to-year. In that year, medical gel preparations imports attained their peak of X tonnes. From 2013 to 2018, the growth of medical gel preparations imports remained at a somewhat lower figure.

In value terms, medical gel preparations imports totaled $X in 2018. Over the period under review, medical gel preparations imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2011, with an increase of X% y-o-y. Over the period under review, medical gel preparations imports attained their peak figure at $X in 2017, and then declined slightly in the following year.

Imports by Country

Mexico prevails in medical gel preparations imports structure, resulting at X tonnes, which was near X% of total imports in 2018. It was distantly followed by Colombia (X tonnes), Ecuador (X tonnes), the Dominican Republic (X tonnes) and Peru (X tonnes), together achieving X% share of total imports. Nicaragua (X tonnes), Chile (X tonnes), Costa Rica (X tonnes), Brazil (X tonnes) and Uruguay (X tonnes) occupied a relatively small share of total imports.

Imports into Mexico increased at an average annual rate of +X% from 2007 to 2018. At the same time, Ecuador (+X%), the Dominican Republic (+X%), Uruguay (+X%), Costa Rica (+X%), Brazil (+X%), Peru (+X%), Colombia (+X%), Chile (+X%) and Nicaragua (+X%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2018. From 2007 to 2018, the share of Uruguay, Brazil, Nicaragua, Chile, Costa Rica, Peru, the Dominican Republic, Colombia, Ecuador and Mexico decreased by -X%, -X%, -X%, -X%, -X%, -X%, -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2018, the average annual rate of growth in terms of value in Mexico totaled +X%. In the other countries, the average annual rates were as follows: Peru (+X% per year) and the Dominican Republic (+X% per year).

Import Prices by Country

In 2018, the medical gel preparations import price in Latin America and the Caribbean amounted to $X per kg, picking up by X% against the previous year. Over the period under review, the medical gel preparations import price, however, continues to indicate an abrupt drop. The most prominent rate of growth was recorded in 2013, an increase of X% against the previous year. The level of import price peaked at $X per kg in 2007; however, from 2008 to 2018, import prices stood at a somewhat lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Chile, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform