Dominican Republic: Market for Medicaments Of Other Antibiotics 2022

Market Size for Medicaments Of Other Antibiotics in the Dominican Republic

In 2021, the Dominican medicaments of other antibiotics market decreased by -X% to $X, falling for the second consecutive year after two years of growth. Overall, consumption faced a precipitous shrinkage. Medicaments of other antibiotics consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Exports of Medicaments Of Other Antibiotics

Exports from the Dominican Republic

Medicaments of other antibiotics exports from the Dominican Republic declined markedly to X tons in 2021, reducing by -X% on the previous year's figure. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, medicaments of other antibiotics exports reduced rapidly to $X in 2021. Overall, exports, however, posted mild growth. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then dropped markedly in the following year.

Exports by Country

Ecuador (X tons) was the main destination for medicaments of other antibiotics exports from the Dominican Republic, with a X% share of total exports. Moreover, medicaments of other antibiotics exports to Ecuador exceeded the volume sent to the second major destination, Guatemala (X tons), threefold. Venezuela (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Ecuador amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (+X% per year) and Venezuela (-X% per year).

In value terms, Ecuador ($X) emerged as the key foreign market for medicaments of other antibiotics exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was held by Guatemala ($X), with a X% share of total exports. It was followed by El Salvador, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Ecuador stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (+X% per year) and El Salvador (+X% per year).

Export Prices by Country

The average medicaments of other antibiotics export price stood at $X per ton in 2021, waning by -X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then contracted markedly in the following year.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Peru ($X per ton), while the average price for exports to Guatemala ($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 Costa Rica (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Medicaments Of Other Antibiotics

Imports into the Dominican Republic

In 2021, overseas purchases of medicaments of other antibiotics decreased by -X% to X tons, falling for the second consecutive year after two years of growth. Overall, imports saw a deep reduction. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, medicaments of other antibiotics imports dropped rapidly to $X in 2021. Over the period under review, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Colombia (X tons) constituted the largest medicaments of other antibiotics supplier to the Dominican Republic, with a X% share of total imports. Moreover, medicaments of other antibiotics imports from Colombia exceeded the figures recorded by the second-largest supplier, the United States (X tons), sevenfold. Uruguay (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, Colombia ($X) constituted the largest supplier of medicaments of other antibiotics to the Dominican Republic, comprising X% of total imports. The second position in the ranking was taken by Uruguay ($X), with a X% share of total imports. It was followed by Germany, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Colombia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Uruguay (+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, rising by X% against the previous year. Overall, the import price recorded a prominent expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :