Report Update Nov 1, 2024

Ecuador - Gel Preparations for Human or Veterinary Medicine - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Medical Gel Preparations Market 2024

Medical Gel Preparations Market Size in Ecuador

The Ecuadorian medical gel preparations market shrank markedly to $X in 2022, reducing by -33.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, saw a buoyant increase. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Medical Gel Preparations Exports

Exports from Ecuador

In 2022, shipments abroad of gel preparations for human or veterinary medicine decreased by -34.2% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2020 with an increase of 570%. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, medical gel preparations exports contracted sharply to $X in 2022. In general, exports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of 633% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Peru (X tons) was the main destination for medical gel preparations exports from Ecuador, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Peru totaled +44.8%.

In value terms, Peru ($X) also remains the key foreign market for gel preparations for human or veterinary medicine exports from Ecuador.

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

Export Prices by Country

The average medical gel preparations export price stood at $X per ton in 2022, increasing by 9.5% against the previous year. Over the period under review, the export price saw a buoyant increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 123% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +14.3% per year.

Medical Gel Preparations Imports

Imports into Ecuador

In 2022, approx. X tons of gel preparations for human or veterinary medicine were imported into Ecuador; falling by -34.8% against the previous year's figure. Overall, imports, however, enjoyed tangible growth. The most prominent rate of growth was recorded in 2021 with an increase of 206%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, medical gel preparations imports fell dramatically to $X in 2022. In general, imports, however, posted prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 178% against the previous year. As a result, imports attained the peak of $X, and then declined markedly in the following year.

Imports by Country

Thailand (X tons), the United States (X tons) and Brazil (X tons) were the main suppliers of medical gel preparations imports to Ecuador, together accounting for 91% of total imports. These countries were followed by Germany, which accounted for a further 4.7%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +51.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest medical gel preparations suppliers to Ecuador were Germany ($X), the United States ($X) and Thailand ($X), together comprising 61% of total imports.

Thailand, with a CAGR of +42.0%, 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

The average medical gel preparations import price stood at $X per ton in 2022, surging by 4.2% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, medical gel preparations import price decreased by -5.2% against 2020 indices. The pace of growth was the most pronounced in 2013 an increase of 100%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for gel preparations for human or veterinary medicine in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 30% of global consumption. These countries were followed by Turkey, the Netherlands, Anguilla, Germany, Pakistan, Russia, Palestine, Myanmar, Brazil and Indonesia, which together accounted for a further 33%.

What are the largest producers of gel preparations for human or veterinary medicine in the world?

The countries with the highest volumes of in 2021 were China, the United States and Turkey, together comprising 40% of global production. India, Thailand, Germany, Russia, Pakistan, Bangladesh, Brazil, Indonesia, Italy and Iran lagged somewhat behind, together accounting for a further 38%.

What are the leading suppliers of gel preparations for human or veterinary medicine to Ecuador?

In value terms, the United States constituted the largest supplier of medical gel preparations to Ecuador, comprising 18% of total imports. The second position in the ranking was occupied by Malaysia, with a 5.2% share of total imports.

What are the leading importers of gel preparations for human or veterinary medicine from Ecuador?

In value terms, Peru remains the key foreign market for medical gel preparations exports from Ecuador, comprising 74% of total exports. The second position in the ranking was occupied by Colombia, with a 26% share of total exports.

What is the average export price for gel preparations for human or veterinary medicine in Ecuador?

In 2021, the average medical gel preparations export price amounted to $14,961 per ton, which is down by -28.3% against the previous year.

What is the average import price for gel preparations for human or veterinary medicine in Ecuador?

The average medical gel preparations import price stood at $11,826 per ton in 2021, rising by 26% against the previous year.

This report provides an in-depth analysis of the medical gel preparations market in Ecuador. 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 32505020 - Gel preparations for use in human or veterinary medicine as a lubricant for surgical operations or physical examinations or as a coupling agent between the body and medical instruments

Country coverage:

Ecuador

Data coverage:

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