Chile: Medicaments Containing Penicillin Market 2024

Medicaments Containing Penicillin Market Size in Chile

The Chilean medicaments containing penicillin market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption showed a moderate increase. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Medicaments Containing Penicillin Production in Chile

In value terms, medicaments containing penicillin production totaled $X in 2021 estimated in export price. In general, production recorded a tangible increase. The pace of growth was the most pronounced in 2018 when the production volume increased by 117% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Medicaments Containing Penicillin Exports

Exports from Chile

In 2021, shipments abroad of medicaments containing penicillins or derivatives thereof increased by 2.3% to X kg, rising for the fifth year in a row after two years of decline. Over the period under review, exports, however, recorded a abrupt downturn. The growth pace was the most rapid in 2014 when exports increased by 46%. As a result, the exports reached the peak of X kg. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, medicaments containing penicillin exports expanded notably to $X in 2021. Overall, exports, however, saw a abrupt descent. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Guatemala (X kg) was the main destination for medicaments containing penicillin exports from Chile, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Guatemala totaled -11.0%.

In value terms, Guatemala ($X) also remains the key foreign market for medicaments containing penicillins or derivatives thereof exports from Chile.

From 2012 to 2021, the average annual rate of growth in terms of value to Guatemala totaled -13.6%.

Export Prices by Country

In 2021, the average medicaments containing penicillin export price amounted to $X per ton, picking up by 12% against the previous year. Overall, the export price, however, recorded a noticeable reduction. The pace of growth was the most pronounced in 2015 when the average export price increased by 58% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Guatemala.

From 2012 to 2021, the rate of growth in terms of prices for Guatemala amounted to -2.9% per year.

Medicaments Containing Penicillin Imports

Imports into Chile

In 2021, purchases abroad of medicaments containing penicillins or derivatives thereof decreased by -59.2% to X tons, falling for the third consecutive year after two years of growth. In general, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 3,923%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, medicaments containing penicillin imports contracted notably to $X in 2021. Over the period under review, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2017 with an increase of 2,099%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Slovenia (X tons) constituted the largest supplier of medicaments containing penicillin to Chile, accounting for a 70% share of total imports. Moreover, medicaments containing penicillin imports from Slovenia exceeded the figures recorded by the second-largest supplier, Argentina (X kg), fourfold. China (X kg) ranked third in terms of total imports with a 4.3% share.

From 2012 to 2021, the average annual growth rate of volume from Slovenia totaled +27.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+131.7% per year) and China (+53.0% per year).

In value terms, Slovenia ($X) constituted the largest supplier of medicaments containing penicillins or derivatives thereof to Chile, comprising 67% of total imports. The second position in the ranking was taken by Argentina ($X), with a 10% share of total imports. It was followed by Uruguay, with a 7.3% share.

From 2012 to 2021, the average annual growth rate of value from Slovenia totaled +22.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+202.4% per year) and Uruguay (+201.0% per year).

Import Prices by Country

The average medicaments containing penicillin import price stood at $X per ton in 2021, increasing by 4.3% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 65% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+22.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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