Argentina: Medicaments Containing Hormones Market 2024

Medicaments Containing Hormones Market Size in Argentina

The Argentinian medicaments containing hormones market reached $X in 2022, with an increase of X% against the previous year. In general, the total consumption indicated a remarkable 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 decreased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Medicaments Containing Hormones Production in Argentina

In value terms, medicaments containing hormones production expanded slightly to $X in 2022 estimated in export price. Overall, the total production indicated a buoyant 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Medicaments containing hormones production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Medicaments Containing Hormones Exports

Exports from Argentina

In 2022, the amount of medicaments containing hormones but not antibiotics exported from Argentina surged to X tons, jumping by X% against 2021 figures. Over the period under review, exports, however, faced a dramatic decline. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, medicaments containing hormones exports surged to $X in 2022. In general, exports, however, saw a dramatic setback. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Mexico (X tons), Pakistan (X tons) and Nicaragua (X tons) were the main destinations of medicaments containing hormones exports from Argentina, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Pakistan (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, Mexico ($X) remains the key foreign market for medicaments containing hormones but not antibiotics exports from Argentina, comprising X% of total exports. The second position in the ranking was taken by Colombia ($X), with a X% share of total exports. It was followed by Pakistan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Mexico amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (X% per year) and Pakistan (X% per year).

Export Prices by Country

In 2022, the average medicaments containing hormones export price amounted to $X per ton, which is down by X% against the previous year. Overall, the export price showed a slight slump. The pace of growth was the most pronounced in 2020 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 2021, and then dropped in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Nicaragua ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Medicaments Containing Hormones Imports

Imports into Argentina

In 2022, overseas purchases of medicaments containing hormones but not antibiotics decreased by X% to X kg, falling for the second year in a row after two years of growth. Over the period under review, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, medicaments containing hormones imports fell sharply to $X in 2022. In general, imports recorded a pronounced slump. The pace of growth was the most pronounced in 2013 when imports increased by X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, India (X kg) constituted the largest medicaments containing hormones supplier to Argentina, accounting for a X% share of total imports. Moreover, medicaments containing hormones imports from India exceeded the figures recorded by the second-largest supplier, Spain (X kg), eightfold. The third position in this ranking was held by the UK (X kg), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from India stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and the UK (X% per year).

In value terms, India ($X) constituted the largest supplier of medicaments containing hormones but not antibiotics to Argentina, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from India stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and the UK (X% per year).

Import Prices by Country

The average medicaments containing hormones import price stood at $X per kg in 2022, growing by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per kg in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per kg), while the price for Italy ($X per kg) was amongst the lowest.

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

Source: IndexBox Platform

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