Southern Asia: Medical Gel Preparations Market 2024

Medical Gel Preparations Market Size in Southern Asia

The South Asian medical gel preparations market totaled $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Medical Gel Preparations Production in Southern Asia

In value terms, medical gel preparations production expanded to $X in 2022 estimated in export price. The total production indicated a tangible expansion 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, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Medical Gel Preparations Exports

Exports in Southern Asia

In 2022, exports of gel preparations for human or veterinary medicine in Southern Asia surged to X tons, with an increase of X% compared with 2021 figures. Overall, exports showed a resilient expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, medical gel preparations exports skyrocketed to $X in 2022. In general, exports enjoyed a buoyant expansion. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

India was the largest exporter of gel preparations for human or veterinary medicine in Southern Asia, with the volume of exports recording X tons, which was near X% of total exports in 2022. It was distantly followed by Bangladesh (X tons), mixing up a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Bangladesh (with a CAGR of X%).

In value terms, India ($X) remains the largest medical gel preparations supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in India amounted to X%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, rising by X% against the previous year. Export price indicated prominent growth from 2012 to 2022: its price 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, medical gel preparations export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the export prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while Bangladesh totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (X%).

Medical Gel Preparations Imports

Imports in Southern Asia

In 2022, imports of gel preparations for human or veterinary medicine in Southern Asia skyrocketed to X tons, growing by X% on the previous year. Over the period under review, imports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. 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, medical gel preparations imports surged to $X in 2022. Overall, imports showed a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

India was the major importer of gel preparations for human or veterinary medicine in Southern Asia, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2022. It was distantly followed by Sri Lanka (X tons), constituting a X% share of total imports. Bangladesh (X tons), Nepal (X tons) and Pakistan (X tons) followed a long way behind the leaders.

Imports into India increased at an average annual rate of X% from 2012 to 2022. At the same time, Nepal (X%), Bangladesh (X%), Sri Lanka (X%) and Pakistan (X%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. India (X p.p.) and Nepal (X p.p.) significantly strengthened its position in terms of the total imports, while Pakistan and Sri Lanka saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported gel preparations for human or veterinary medicine in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Sri Lanka ($X), with a X% share of total imports. It was followed by Pakistan, with a X% share.

From 2012 to 2022, the average annual growth rate of value in India totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Sri Lanka (X% per year) and Pakistan (X% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, reducing by X% against the previous year. In general, the import price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2015 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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