Argentina: Chemical Contraceptive Preparations Market 2024

Chemical Contraceptive Preparations Market Size in Argentina

The Argentinian chemical contraceptive preparations market rose to $X in 2021, increasing by 3.1% against 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 continues to indicate buoyant growth. Chemical contraceptive preparations consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Chemical Contraceptive Preparations Exports

Exports from Argentina

In 2021, exports of chemical contraceptive preparations based on hormones or spermicides from Argentina reduced remarkably to X tons, which is down by -78.7% on 2020 figures. Over the period under review, exports saw a precipitous curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, chemical contraceptive preparations exports fell remarkably to $X in 2021. Overall, exports saw a sharp downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 20% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Dominican Republic (X kg) was the main destination for chemical contraceptive preparations exports from Argentina, accounting for a 48% share of total exports. Moreover, chemical contraceptive preparations exports to the Dominican Republic exceeded the volume sent to the second major destination, Uruguay (X kg), twofold. Paraguay (X kg) ranked third in terms of total exports with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Dominican Republic amounted to -8.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (-24.6% per year) and Paraguay (-32.8% per year).

In value terms, the Dominican Republic ($X) remains the key foreign market for chemical contraceptive preparations based on hormones or spermicides exports from Argentina, comprising 56% of total exports. The second position in the ranking was taken by Paraguay ($X), with an 18% share of total exports. It was followed by Uruguay, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Dominican Republic amounted to -7.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (-26.6% per year) and Uruguay (-31.7% per year).

Export Prices by Country

In 2021, the average chemical contraceptive preparations export price amounted to $X per ton, with an increase of 3.3% against the previous year. Overall, the export price posted a strong expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 36%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the Dominican Republic ($X per ton), while the average price for exports to Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.

Chemical Contraceptive Preparations Imports

Imports into Argentina

In 2021, overseas purchases of chemical contraceptive preparations based on hormones or spermicides were finally on the rise to reach X tons after three years of decline. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 85% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, chemical contraceptive preparations imports dropped to $X in 2021. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 43%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Uruguay (X tons) constituted the largest supplier of chemical contraceptive preparations to Argentina, accounting for a 68% share of total imports. Moreover, chemical contraceptive preparations imports from Uruguay exceeded the figures recorded by the second-largest supplier, Germany (X tons), sixfold. Mexico (X tons) ranked third in terms of total imports with an 8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Uruguay stood at +22.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-14.6% per year) and Mexico (+18.2% per year).

In value terms, Uruguay ($X) constituted the largest supplier of chemical contraceptive preparations based on hormones or spermicides to Argentina, comprising 50% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 19% share of total imports. It was followed by Germany, with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Uruguay totaled +21.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+15.5% per year) and Germany (-15.0% per year).

Import Prices by Country

In 2021, the average chemical contraceptive preparations import price amounted to $X per ton, declining by -35% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 61%. Over the period under review, average import prices hit record highs at $X per ton in 2020, and then contracted rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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