Report Update Nov 1, 2024

Cuba - Medicaments of Other Antibiotics - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Cuba: Market for Medicaments Of Other Antibiotics 2022

Market Size for Medicaments Of Other Antibiotics in Cuba

The Cuban medicaments of other antibiotics market fell rapidly to $X in 2021, waning by -25.4% against the previous year. Over the period under review, consumption saw a mild decrease. As a result, consumption reached the peak level of $X, and then fell rapidly in the following year.

Production of Medicaments Of Other Antibiotics in Cuba

In value terms, medicaments of other antibiotics production declined significantly to $X in 2021 estimated in export price. In general, production recorded a pronounced slump. The pace of growth was the most pronounced in 2020 with an increase of 91% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Medicaments Of Other Antibiotics

Exports from Cuba

For the fifth consecutive year, Cuba recorded growth in overseas shipments of medicaments of other antibiotics, which increased by 19% to X tons in 2021. Over the period under review, exports, however, continue to indicate a pronounced curtailment. The growth pace was the most rapid in 2015 with an increase of 2,297% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, medicaments of other antibiotics exports skyrocketed to $X in 2021. Overall, exports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 2,203%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Venezuela (X tons) was the main destination for medicaments of other antibiotics exports from Cuba, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Venezuela stood at -4.5%.

In value terms, Venezuela ($X) also remains the key foreign market for medicaments of other antibiotics exports from Cuba.

From 2012 to 2021, the average annual rate of growth in terms of value to Venezuela stood at -8.9%.

Export Prices by Country

The average medicaments of other antibiotics export price stood at $X per ton in 2021, remaining constant against the previous year. In general, the export price, however, saw a noticeable contraction. The growth pace was the most rapid in 2016 when the average export price increased by 3.3%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Venezuela amounted to -4.6% per year.

Imports of Medicaments Of Other Antibiotics

Imports into Cuba

In 2021, supplies from abroad of medicaments of other antibiotics increased by 0.8% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports recorded modest growth. The pace of growth was the most pronounced in 2016 when imports increased by 136% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, medicaments of other antibiotics imports fell markedly to $X in 2021. In general, imports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 78% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest medicaments of other antibiotics supplier to Cuba, accounting for a 56% share of total imports. Moreover, medicaments of other antibiotics imports from China exceeded the figures recorded by the second-largest supplier, the UK (X tons), fourfold. The third position in this ranking was held by India (X tons), with a 9.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +12.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-3.2% per year) and India (-8.6% per year).

In value terms, the largest medicaments of other antibiotics suppliers to Cuba were China ($X), Panama ($X) and India ($X), together comprising 61% of total imports. Germany, Canada, the UK, Spain and Mexico lagged somewhat behind, together accounting for a further 20%.

Canada, with a CAGR of +59.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average medicaments of other antibiotics import price stood at $X per ton in 2021, declining by -28.8% against the previous year. Over the period under review, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2019 an increase of 34% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+4.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for medicaments of other antibiotics in the world?

The country with the largest volume of medicaments of other antibiotics consumption was China, accounting for 26% of total volume. Moreover, medicaments of other antibiotics consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fourfold. India ranked third in terms of total consumption with a 7.1% share.

What are the largest producers of medicaments of other antibiotics in the world?

The country with the largest volume of medicaments of other antibiotics production was China, comprising approx. 40% of total volume. Moreover, medicaments of other antibiotics production in China exceeded the figures recorded by the second-largest producer, India, fourfold. The third position in this ranking was occupied by the United States, with a 6% share.

What are the leading suppliers of medicaments of other antibiotics to Cuba?

In value terms, China constituted the largest supplier of medicaments of other antibiotics to Cuba, comprising 33% of total imports. The second position in the ranking was occupied by India, with a 12% share of total imports. It was followed by Brazil, with an 8.6% share.

What are the leading importers of medicaments of other antibiotics from Cuba?

In value terms, Venezuela remains the key foreign market for medicaments of other antibiotics exports from Cuba.

What is the average export price for medicaments of other antibiotics in Cuba?

The average medicaments of other antibiotics export price stood at $48,124 per ton in 2021, which is down by -4.1% against the previous year.

What is the average import price for medicaments of other antibiotics in Cuba?

The average medicaments of other antibiotics import price stood at $27,266 per ton in 2021, with a decrease of -2.7% against the previous year.

This report provides an in-depth analysis of the market for medicaments of other antibiotics in Cuba. 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 21201150 - Medicaments of other antibiotics, n.p.r.s.
Prodcom 21201180 - Medicaments of other antibiotics, p.r.s.

Country coverage:

Cuba

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Cuba
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