Argentina: Market for Medicaments Of Other Antibiotics 2022

Market Size for Medicaments Of Other Antibiotics in Argentina

In 2021, the Argentinian medicaments of other antibiotics market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Production of Medicaments Of Other Antibiotics in Argentina

In value terms, medicaments of other antibiotics production fell modestly to $X in 2021 estimated in export price. In general, production showed a noticeable downturn. The growth pace was the most rapid in 2015 with an increase of X%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Exports of Medicaments Of Other Antibiotics

Exports from Argentina

In 2021, overseas shipments of medicaments of other antibiotics decreased by -X% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, exports recorded a abrupt contraction. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, medicaments of other antibiotics exports fell significantly to $X in 2021. In general, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2015 when exports increased by X%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Brazil (X tons) was the main destination for medicaments of other antibiotics exports from Argentina, accounting for a X% share of total exports. Moreover, medicaments of other antibiotics exports to Brazil exceeded the volume sent to the second major destination, Paraguay (X tons), threefold. Uruguay (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2021, the average annual growth rate of volume to Brazil amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+X% per year) and Uruguay (-X% per year).

In value terms, Brazil ($X) remains the key foreign market for medicaments of other antibiotics exports from Argentina, comprising X% of total exports. The second position in the ranking was held by Uruguay ($X), with a X% share of total exports. It was followed by Ecuador, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Brazil amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (+X% per year) and Ecuador (-X% per year).

Export Prices by Country

In 2021, the average medicaments of other antibiotics export price amounted to $X per ton, dropping by -X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

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

Imports of Medicaments Of Other Antibiotics

Imports into Argentina

In 2021, approx. X tons of medicaments of other antibiotics were imported into Argentina; picking up by X% on the previous year's figure. Over the period under review, total imports indicated a prominent expansion from 2012 to 2021: its volume 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, imports increased by +X% against 2018 indices. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2017; afterwards, it flattened through to 2021.

In value terms, medicaments of other antibiotics imports surged to $X in 2021. In general, imports, however, showed a slight slump. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), Brazil (X tons) and the UK (X tons) were the main suppliers of medicaments of other antibiotics imports to Argentina, with a combined X% share of total imports.

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

In value terms, the United States ($X) constituted the largest supplier of medicaments of other antibiotics to Argentina, comprising X% of total imports. The second position in the ranking was taken by Brazil ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and Italy (+X% per year).

Import Prices by Country

In 2021, the average medicaments of other antibiotics import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2018 an increase of X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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