Argentina: Market for Medicaments Of Alkaloids Or Derivatives Thereof 2022

Market Size for Medicaments Of Alkaloids Or Derivatives Thereof in Argentina

In 2021, after four years of growth, there was significant decline in the Argentinian market for medicaments of alkaloids or derivatives thereof, when its value decreased by -X% to $X. Over the period under review, consumption, however, enjoyed a moderate increase. Consumption of peaked at $X in 2020, and then fell in the following year.

Production of Medicaments Of Alkaloids Or Derivatives Thereof in Argentina

In value terms, production of medicaments of alkaloids or derivatives thereof fell to $X in 2021 estimated in export price. In general, production, however, showed a tangible increase. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. Production of peaked at $X in 2020, and then reduced in the following year.

Exports of Medicaments Of Alkaloids Or Derivatives Thereof

Exports from Argentina

In 2021, shipments abroad of medicaments of alkaloids or derivatives thereof decreased by -X% to X tons, falling for the eighth consecutive year after two years of growth. Over the period under review, exports saw a sharp downturn. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of medicaments of alkaloids or derivatives thereof totaled $X in 2021. In general, exports saw a sharp descent. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Venezuela (X tons), Paraguay (X kg) and Free Zones (X kg) were the main destinations of exports of medicaments of alkaloids or derivatives thereof from Argentina, with a combined X% share of total exports. The Dominican Republic, Uruguay, Bolivia, Brazil and Chile lagged somewhat behind, together comprising a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Dominican Republic (with a CAGR of -X%), while the other leaders experienced a decline.

In value terms, the Dominican Republic ($X), Uruguay ($X) and Venezuela ($X) were the largest markets for medicaments of alkaloids or derivatives thereof exported from Argentina worldwide, with a combined X% share of total exports.

Among the main countries of destination, the Dominican Republic, with a CAGR of -X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average export price for medicaments of alkaloids or derivatives thereof stood at $X per ton in 2021, picking up by X% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for medicaments of alkaloids or derivatives thereof increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the Dominican Republic ($X per ton), while the average price for exports to Bolivia ($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 Uruguay (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Medicaments Of Alkaloids Or Derivatives Thereof

Imports into Argentina

In 2021, imports of medicaments of alkaloids or derivatives thereof into Argentina rose slightly to X tons, surging by X% on the previous year's figure. The total import volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports of hit record highs in 2021 and are likely to see gradual growth in years to come.

In value terms, imports of medicaments of alkaloids or derivatives thereof expanded rapidly to $X in 2021. In general, imports saw a remarkable increase. The growth pace was the most rapid in 2015 when imports increased by X%. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

Brazil (X tons), Germany (X tons) and France (X tons) were the main suppliers of imports of medicaments of alkaloids or derivatives thereof to Argentina, together comprising X% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of medicaments of alkaloids or derivatives thereof to Argentina, comprising X% of total imports. The second position in the ranking was taken by Brazil ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-X% per year) and France (+X% per year).

Import Prices by Country

In 2021, the average import price for medicaments of alkaloids or derivatives thereof amounted to $X per ton, increasing by X% against the previous year. In general, import price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for medicaments of alkaloids or derivatives thereof increased by +X% against 2017 indices. The pace of growth was the most pronounced in 2015 an increase of X%. The import price peaked in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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