Puerto Rico: Chemical Contraceptive Preparations Market 2024

Chemical Contraceptive Preparations Market Size in Puerto Rico

The Puerto Rican chemical contraceptive preparations market was estimated at less than $X in 2021, leveling off at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a relatively flat trend pattern.

Chemical Contraceptive Preparations Exports

Exports from Puerto Rico

In 2021, the amount of chemical contraceptive preparations based on hormones or spermicides exported from Puerto Rico was estimated at less than X kg, almost unchanged from the previous year. Overall, exports showed a relatively flat trend pattern.

In value terms, chemical contraceptive preparations exports totaled less than $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern.

Exports by Country

Germany (X tons), India (X tons), the Netherlands (X tons), Belgium (X tons), Spain (X tons) and Hungary (X tons) represented roughly 81% of total exports in 2021. It was distantly followed by Ireland (X tons), committing a 1.6% share of total exports. France (X tons), Brazil (X tons) and Thailand (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Spain (with a CAGR of +26.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest chemical contraceptive preparations supplying countries from Puerto Rico were Germany ($X), the Netherlands ($X) and Hungary ($X), together comprising 68% of total exports. Belgium, India, Spain, Ireland, France, Brazil and Thailand lagged somewhat behind, together comprising a further 24%.

Spain, with a CAGR of +24.6%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Puerto Rico stood at less than $X per ton in 2021, flattening at the previous year. Over the period under review, the export price recorded a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+13.5%), while the other leaders experienced more modest paces of growth.

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Chemical Contraceptive Preparations Imports

Imports into Puerto Rico

In 2021, imports of chemical contraceptive preparations based on hormones or spermicides into Puerto Rico was estimated at less than X kg, flattening at 2020. In general, imports saw a relatively flat trend pattern.

In value terms, chemical contraceptive preparations imports amounted to less than $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern.

Imports by Country

In 2021, the United States (X tons), distantly followed by Belgium (X tons) and Nigeria (X tons) represented the main importers of chemical contraceptive preparations based on hormones or spermicides, together constituting 32% of total imports. France (X tons), Vietnam (X tons), Canada (X tons), Russia (X tons), the Philippines (X tons), Algeria (X tons), Brazil (X tons), Ethiopia (X tons), Germany (X tons) and South Africa (X tons) held a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to chemical contraceptive preparations imports into the United States stood at +5.6%. At the same time, Nigeria (+73.6%), Vietnam (+19.5%), Belgium (+12.0%), South Africa (+6.3%), France (+5.8%), Algeria (+3.6%) and Germany (+1.9%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing importer imported in the world, with a CAGR of +73.6% from 2012-2021. Russia experienced a relatively flat trend pattern. By contrast, Ethiopia (-1.3%), the Philippines (-2.7%), Brazil (-2.9%) and Canada (-4.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Nigeria, the United States, Belgium and Vietnam increased by +6.7, +5.8, +4.2 and +2.4 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported chemical contraceptive preparations based on hormones or spermicides into Puerto Rico, comprising 40% of global imports. The second position in the ranking was taken by Russia ($X), with a 3.5% share of global imports. It was followed by Canada, with a 3.2% share.

From 2012 to 2021, the average annual growth rate of value in the United States totaled +7.9%. In the other countries, the average annual rates were as follows: Russia (-3.6% per year) and Canada (-4.6% per year).

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per ton, stabilizing at the previous year. Overall, the import price recorded a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+16.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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