Venezuela: Chemical Contraceptive Preparations Market 2022

Chemical Contraceptive Preparations Market Size in Venezuela

In 2021, the Venezuelan chemical contraceptive preparations market was finally on the rise to reach $X after three years of decline. In general, consumption, however, faced a precipitous decline. The growth pace was the most rapid in 2017 when the market value increased by 4.2% against the previous year. Chemical contraceptive preparations consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Chemical Contraceptive Preparations Exports

Exports from Venezuela

In 2021, approx. X kg of chemical contraceptive preparations based on hormones or spermicides were exported from Venezuela; leveling off at 2020. In general, exports continue to indicate a dramatic contraction. The exports peaked at X kg in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, chemical contraceptive preparations exports amounted to $X in 2021. Over the period under review, exports continue to indicate a dramatic setback. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Trinidad and Tobago (X kg) was the main destination for chemical contraceptive preparations exports from Venezuela, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Trinidad and Tobago was relatively modest.

From 2012 to 2021, the average annual growth rate of value to Trinidad and Tobago was relatively modest.

Export Prices by Country

The average chemical contraceptive preparations export price stood at $X per ton in 2021, almost unchanged from the previous year. Overall, the export price saw a precipitous descent. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Trinidad and Tobago.

From 2012 to 2021, the rate of growth in terms of prices for Trinidad and Tobago amounted to 0.0% per year.

Chemical Contraceptive Preparations Imports

Imports into Venezuela

Chemical contraceptive preparations imports into Venezuela totaled X tons in 2021, remaining relatively unchanged against 2020. In general, imports, however, continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2017 when imports increased by 33% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, chemical contraceptive preparations imports rose modestly to $X in 2021. Over the period under review, imports, however, faced a dramatic shrinkage. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The Netherlands (X tons), Mexico (X tons) and Hungary (X tons) were the main suppliers of chemical contraceptive preparations imports to Venezuela, together comprising 70% of total imports. Chile, Ireland, Panama, Argentina, Brazil, Germany and Uruguay lagged somewhat behind, together comprising a further 26%.

From 2012 to 2021, the biggest increases were in Panama (with a CAGR of +77.6%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the Netherlands ($X), Ireland ($X) and Chile ($X) were the largest chemical contraceptive preparations suppliers to Venezuela, with a combined 64% share of total imports. Mexico, Panama, Argentina, Brazil, Hungary, Uruguay and Germany lagged somewhat behind, together comprising a further 25%.

Panama, with a CAGR of +74.4%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average chemical contraceptive preparations import price stood at $X per ton in 2021, growing by 2.9% against the previous year. Overall, the import price, however, recorded a abrupt setback. The growth pace was the most rapid in 2015 when the average import price increased by 8.7% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Uruguay ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+1.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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