SADC: Market for Other Medicaments For Therapeutic Or Prophylactic Uses 2024

Market Size for Other Medicaments For Therapeutic Or Prophylactic Uses in SADC

The SADC market for other medicaments for therapeutic or prophylactic uses skyrocketed to $X in 2022, growing by X% against the previous year. The total consumption indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Other Medicaments For Therapeutic Or Prophylactic Uses in SADC

In value terms, production of other medicaments for therapeutic or prophylactic uses contracted modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production of growth remained at a somewhat lower figure.

Exports of Other Medicaments For Therapeutic Or Prophylactic Uses

Exports in SADC

After four years of decline, shipments abroad of other medicaments for therapeutic or prophylactic uses increased by X% to X tons in 2022. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports of attained the maximum at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, exports of other medicaments for therapeutic or prophylactic uses shrank remarkably to $X in 2022. In general, exports showed a pronounced increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

The biggest shipments were from South Africa (X tons), together resulting at X% of total export.

South Africa experienced a relatively flat trend pattern with regard to volume of exports of other medicaments for therapeutic or prophylactic uses. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest other medicaments for therapeutic or prophylactic uses supplier in SADC.

In South Africa, exports of other medicaments for therapeutic or prophylactic uses expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, waning by X% against the previous year. Over the period under review, the export price, however, posted a notable increase. The growth pace was the most rapid in 2020 an increase of X%. The level of export peaked at $X per ton in 2021, and then shrank notably in the following year.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to X% per year.

Imports of Other Medicaments For Therapeutic Or Prophylactic Uses

Imports in SADC

After two years of decline, overseas purchases of other medicaments for therapeutic or prophylactic uses increased by X% to X tons in 2022. Over the period under review, imports, however, continue to indicate a noticeable decline. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of other medicaments for therapeutic or prophylactic uses skyrocketed to $X in 2022. Overall, imports, however, saw a slight curtailment. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Botswana (X tons), distantly followed by Mozambique (X tons), South Africa (X tons), Lesotho (X tons) and Democratic Republic of the Congo (X tons) were the main importers of other medicaments for therapeutic or prophylactic uses, together generating X% of total imports. Namibia (X tons) and Swaziland (X tons) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Mozambique (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Botswana ($X) constitutes the largest market for imported other medicaments for therapeutic or prophylactic uses in SADC, comprising X% of total imports. The second position in the ranking was taken by South Africa ($X), with a X% share of total imports. It was followed by Namibia, with an X% share.

In Botswana, imports of other medicaments for therapeutic or prophylactic uses increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Africa (X% per year) and Namibia (X% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, reducing by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Namibia ($X per ton), while Mozambique ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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