Uruguay: Medicaments Containing Hormones Market 2024

Medicaments Containing Hormones Market Size in Uruguay

The Uruguayan medicaments containing hormones market expanded markedly to $X in 2023, picking up by X% against the previous year. Over the period under review, the total consumption indicated temperate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2019 indices. Medicaments containing hormones consumption peaked at $X in 2019; however, from 2020 to 2023, consumption stood at a somewhat lower figure.

Medicaments Containing Hormones Production in Uruguay

In value terms, medicaments containing hormones production rose notably to $X in 2023 estimated in export price. Overall, the total production indicated a notable expansion from 2012 to 2023: its value 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 2023 figures, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Medicaments containing hormones production peaked at $X in 2019; however, from 2020 to 2023, production failed to regain momentum.

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Medicaments Containing Hormones Exports

Exports from Uruguay

Medicaments containing hormones exports from Uruguay fell rapidly to X kg in 2016, declining by X% against 2015. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports reached the peak of X kg. From 2014 to 2016, the growth of the exports remained at a lower figure.

In value terms, medicaments containing hormones exports declined significantly to $X in 2016. Over the period under review, exports, however, showed a significant increase. 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 hit record highs at $X in 2015, and then fell significantly in the following year.

Exports by Country

Bahamas (X kg) was the main destination for medicaments containing hormones exports from Uruguay, accounting for a X% share of total exports. It was followed by Trinidad and Tobago (X kg), with a X% share of total exports.

From 2012 to 2016, the average annual rate of growth in terms of volume to Bahamas was relatively modest.

In value terms, Bahamas ($X) emerged as the key foreign market for medicaments containing hormones but not antibiotics exports from Uruguay, comprising X% of total exports. The second position in the ranking was taken by Trinidad and Tobago ($X), with a X% share of total exports.

From 2012 to 2016, the average annual rate of growth in terms of value to Bahamas was relatively modest.

Export Prices by Country

The average medicaments containing hormones export price stood at $X per ton in 2016, surging by X% against the previous year. Over the period under review, the export price, however, saw a noticeable slump. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2016, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2016, amid the top suppliers, the country with the highest price was Trinidad and Tobago ($X per ton), while the average price for exports to Bahamas stood at $X per ton.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (X%).

Medicaments Containing Hormones Imports

Imports into Uruguay

In 2023, after two years of growth, there was significant decline in purchases abroad of medicaments containing hormones but not antibiotics, when their volume decreased by X% to X kg. In general, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the maximum at X kg in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

In value terms, medicaments containing hormones imports dropped rapidly to $X in 2023. Over the period under review, imports showed a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, Italy (X kg) was the main medicaments containing hormones supplier to Uruguay, with a approx. X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of volume from Italy stood at X%.

In value terms, Italy ($X) constituted the largest supplier of medicaments containing hormones but not antibiotics to Uruguay.

From 2012 to 2023, the average annual rate of growth in terms of value from Italy totaled X%.

Import Prices by Country

The average medicaments containing hormones import price stood at $X per ton in 2023, jumping 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 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X,763 per ton in 2014; however, from 2015 to 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2012 to 2023, the rate of growth in terms of prices for Italy amounted to X% per year.

Source: IndexBox Platform