Canada: Market for Medicaments Of Other Antibiotics 2022

Market Size for Medicaments Of Other Antibiotics in Canada

After two years of growth, the Canadian medicaments of other antibiotics market decreased by -X% to $X in 2021. Overall, consumption, however, continues to indicate a prominent expansion. Medicaments of other antibiotics consumption peaked at $X in 2020, and then fell rapidly in the following year.

Production of Medicaments Of Other Antibiotics in Canada

In value terms, medicaments of other antibiotics production shrank to $X in 2021 estimated in export price. In general, production posted a buoyant increase. The growth pace was the most rapid in 2016 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Exports of Medicaments Of Other Antibiotics

Exports from Canada

In 2021, overseas shipments of medicaments of other antibiotics increased by X% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, showed a deep reduction. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, medicaments of other antibiotics exports reached $X in 2021. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for medicaments of other antibiotics exports from Canada, with a X% share of total exports. Moreover, medicaments of other antibiotics exports to the United States exceeded the volume sent to the second major destination, Ireland (X tons), more than tenfold. The third position in this ranking was taken by Switzerland (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (+X% per year) and Switzerland (+X% per year).

In value terms, the United States ($X) remains the key foreign market for medicaments of other antibiotics exports from Canada, comprising X% of total exports. The second position in the ranking was held by Ireland ($X), with a X% share of total exports. It was followed by Switzerland, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (-X% per year) and Switzerland (+X% per year).

Export Prices by Country

The average medicaments of other antibiotics export price stood at $X per ton in 2021, approximately reflecting the previous year. Overall, the export price, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then reduced modestly in the following year.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Brazil ($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 the United States (+X%), while the prices for the other major destinations experienced a decline.

Imports of Medicaments Of Other Antibiotics

Imports into Canada

In 2021, after three years of growth, there was significant decline in supplies from abroad of medicaments of other antibiotics, when their volume decreased by -X% to X tons. In general, imports saw a pronounced decline. The pace of growth was the most pronounced in 2020 when imports increased by X%. As a result, imports reached the peak of X tons, and then reduced dramatically in the following year.

In value terms, medicaments of other antibiotics imports contracted to $X in 2021. Over the period under review, imports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), the United States (X tons) and South Korea (X tons) were the main suppliers of medicaments of other antibiotics imports to Canada, together comprising X% of total imports.

From 2012 to 2021, the biggest increases were in South Korea (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

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

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

Import Prices by Country

In 2021, the average medicaments of other antibiotics import price amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price, however, saw a pronounced descent. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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