Report Update Nov 1, 2024

Chile - Vaccines for Human Medicine - Market Analysis, Forecast, Size, Trends and Insights

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Chile: Vaccine Market 2024

Vaccine Market Size in Chile

The Chilean vaccine market contracted markedly to $X in 2022, reducing by -35.7% against the previous year. In general, consumption, however, enjoyed resilient growth. As a result, consumption reached the peak level of $X, and then reduced sharply in the following year.

Vaccine Production in Chile

In value terms, vaccine production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, saw a resilient increase. The pace of growth was the most pronounced in 2014 when the production volume increased by 55% against the previous year. Vaccine production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Vaccine Exports

Exports from Chile

In 2022, overseas shipments of vaccines for human medicine decreased by -33.3% to X kg for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 400% against the previous year. The exports peaked at X kg in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, vaccine exports contracted notably to $X in 2022. Over the period under review, exports showed a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of 1,006%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Belgium (X kg) was the main destination for vaccine exports from Chile, accounting for a approx. 8.3% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Belgium was relatively modest.

In value terms, Belgium ($X) also remains the key foreign market for vaccines for human medicine exports from Chile.

From 2012 to 2022, the average annual growth rate of value to Belgium stood at +39.6%.

Export Prices by Country

The average vaccine export price stood at $X per ton in 2022, jumping by 19% against the previous year. In general, the export price, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2014 an increase of 515%. Over the period under review, the average export prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to +386.5% per year.

Vaccine Imports

Imports into Chile

In 2022, approx. X tons of vaccines for human medicine were imported into Chile; with a decrease of -56.2% against the year before. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 453% against the previous year. As a result, imports reached the peak of X tons, and then declined significantly in the following year.

In value terms, vaccine imports fell sharply to $X in 2022. Overall, imports, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2021 when imports increased by 723% against the previous year. As a result, imports reached the peak of $X, and then contracted markedly in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of vaccine to Chile, with a 39% share of total imports. Moreover, vaccine imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), fivefold. Belgium (X tons) ranked third in terms of total imports with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +217.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-14.2% per year) and Belgium (-8.7% per year).

In value terms, the largest vaccine suppliers to Chile were China ($X), the United States ($X) and Belgium ($X), with a combined 74% share of total imports.

China, with a CAGR of +412.3%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average vaccine import price amounted to $X per ton, picking up by 28% against the previous year. Overall, the import price showed a prominent expansion. The pace of growth was the most pronounced in 2015 an increase of 70%. Over the period under review, average import prices attained the maximum 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 United States ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+61.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for vaccines for human medicine in the world?

The countries with the highest volumes of in 2021 were Pakistan, Japan and the Philippines, with a combined 32% share of global consumption. The United States, Indonesia, Spain, China, France, Greece, Brazil, the Netherlands, Turkey and the UK lagged somewhat behind, together accounting for a further 35%.

What are the largest producers of vaccines for human medicine in the world?

The countries with the highest volumes of in 2021 were the United States, Belgium and France, together comprising 56% of global production. These countries were followed by Germany, China, Japan and India, which together accounted for a further 32%.

What are the leading suppliers of vaccines for human medicine to Chile?

In value terms, the largest vaccines suppliers to Chile were China, the United States and Belgium, together accounting for 87% of total imports.

What are the leading importers of vaccines for human medicine from Chile?

In value terms, Panama $623) remains the key foreign market for vaccines exports from Chile, comprising 99% of total exports. The second position in the ranking was occupied by Sweden $5), with a 0.8% share of total exports.

What is the average export price for vaccines for human medicine in Chile?

The average vaccines export price stood at $217,490 per ton in 2021, shrinking by -23.9% against the previous year.

What is the average import price for vaccines for human medicine in Chile?

In 2021, the average vaccines import price amounted to $149,978 per ton, which is down by -75% against the previous year.

This report provides an in-depth analysis of the vaccine market in Chile. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 21202140 -
Prodcom 21202145 - Vaccines for human medicine

Country coverage:

Chile

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Chile
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023