Brazil: Market for Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof 2024

Market Size for Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof in Brazil

In 2022, the Brazilian penicillins or streptomycins medicaments market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Overall, the total consumption indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.2% 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 -25.8% against 2018 indices. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Exports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Exports from Brazil

For the fifth consecutive year, Brazil recorded growth in shipments abroad of medicaments of penicillins, streptomycins or derivatives thereof, which increased by 16% to X tons in 2022. Overall, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 60%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, penicillins or streptomycins medicaments exports surged to $X in 2022. Over the period under review, exports saw a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 38% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Colombia (X tons), Argentina (X tons) and Paraguay (X tons) were the main destinations of penicillins or streptomycins medicaments exports from Brazil, together comprising 53% of total exports.

From 2012 to 2022, the biggest increases were recorded for Colombia (with a CAGR of +44.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X) remains the key foreign market for medicaments of penicillins, streptomycins or derivatives thereof exports from Brazil, comprising 39% of total exports. The second position in the ranking was taken by Argentina ($X), with a 12% share of total exports. It was followed by Paraguay, with a 10% share.

From 2012 to 2022, the average annual growth rate of value to Colombia stood at +45.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (+8.7% per year) and Paraguay (+11.7% per year).

Export Prices by Country

In 2022, the average penicillins or streptomycins medicaments export price amounted to $X per ton, rising by 10% against the previous year. Over the period under review, the export price, however, saw a perceptible curtailment. The most prominent rate of growth was recorded in 2017 when the average export price increased by 23%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($X per ton), while the average price for exports to Guatemala ($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 Myanmar (+79.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Imports into Brazil

In 2022, the amount of medicaments of penicillins, streptomycins or derivatives thereof imported into Brazil stood at X tons, with an increase of 6.1% compared with the year before. Over the period under review, total imports indicated modest growth from 2012 to 2022: its volume increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -33.0% against 2018 indices. The pace of growth appeared the most rapid in 2015 with an increase of 74% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, penicillins or streptomycins medicaments imports expanded remarkably to $X in 2022. Overall, total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of 41%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

India (X tons), Austria (X tons) and Italy (X tons) were the main suppliers of penicillins or streptomycins medicaments imports to Brazil, together accounting for 71% of total imports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +18.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X) constituted the largest supplier of medicaments of penicillins, streptomycins or derivatives thereof to Brazil, comprising 38% of total imports. The second position in the ranking was held by Italy ($X), with an 18% share of total imports. It was followed by the UK, with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of value from India amounted to +23.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+2.7% per year) and the UK (-7.3% per year).

Import Prices by Country

The average penicillins or streptomycins medicaments import price stood at $X per ton in 2022, picking up by 7.1% against the previous year. In general, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, penicillins or streptomycins medicaments import price increased by +2.1% against 2019 indices. The pace of growth was the most pronounced in 2019 an increase of 31%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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