Report Update Nov 1, 2024

Ecuador - Medicaments Containing Corticosteroid Hormones - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Market for Medicaments Containing Corticosteroid Hormones 2024

Market Size for Medicaments Containing Corticosteroid Hormones in Ecuador

In 2021, the Ecuadorian medicaments containing corticosteroid hormones market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, recorded a deep reduction. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Exports of Medicaments Containing Corticosteroid Hormones

Exports from Ecuador

In 2021, the amount of medicaments containing corticosteroid hormones exported from Ecuador surged to X tons, jumping by 28% against the previous year. Over the period under review, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of 203% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, medicaments containing corticosteroid hormones exports contracted rapidly to $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 228% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Chile (X tons), the United States (X tons) and Bolivia (X tons) were the main destinations of medicaments containing corticosteroid hormones exports from Ecuador, with a combined 91% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Chile (with a CAGR of +262.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for medicaments containing corticosteroid hormones exported from Ecuador were Colombia ($X), Chile ($X) and the United States ($X), with a combined 79% share of total exports.

In terms of the main countries of destination, Chile, with a CAGR of +417.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average medicaments containing corticosteroid hormones export price amounted to $X per ton, shrinking by -34.2% against the previous year. In general, the export price saw a abrupt decline. The growth pace was the most rapid in 2019 an increase of 76% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Colombia ($X per ton), while the average price for exports to Bolivia ($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 Panama (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Medicaments Containing Corticosteroid Hormones

Imports into Ecuador

In 2021, approx. X tons of medicaments containing corticosteroid hormones were imported into Ecuador; growing by 42% on the previous year. Over the period under review, imports, however, showed a abrupt shrinkage. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, medicaments containing corticosteroid hormones imports skyrocketed to $X in 2021. In general, imports, however, saw a abrupt downturn. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Mexico (X tons), Colombia (X tons) and India (X tons) were the main suppliers of medicaments containing corticosteroid hormones imports to Ecuador, together accounting for 57% of total imports. These countries were followed by Argentina, Chile, Brazil, Costa Rica, Belgium, Germany, Peru, the UK and Spain, which together accounted for a further 36%.

From 2012 to 2021, the biggest increases were recorded for Costa Rica (with a CAGR of +49.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest medicaments containing corticosteroid hormones suppliers to Ecuador were Mexico ($X), Colombia ($X) and India ($X), together accounting for 41% of total imports. Argentina, the UK, Brazil, Chile, Costa Rica, Belgium, Germany, Spain and Peru lagged somewhat behind, together accounting for a further 38%.

Among the main suppliers, Costa Rica, with a CAGR of +77.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average medicaments containing corticosteroid hormones import price amounted to $X per ton, reducing by -4.2% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 24% against the previous year. As a result, import price attained the peak level of $X per ton, and then declined modestly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Costa Rica (+18.7%), 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 medicaments containing corticosteroid hormones in the world?

The countries with the highest volumes of medicaments containing corticosteroid hormones consumption in 2020 were China, Denmark and the United States, together accounting for 43% of global consumption.

What are the largest producers of medicaments containing corticosteroid hormones in the world?

The countries with the highest volumes of medicaments containing corticosteroid hormones production in 2020 were China, Denmark and the United States, with a combined 43% share of global production.

What are the leading suppliers of medicaments containing corticosteroid hormones to Ecuador?

In value terms, the largest medicaments containing corticosteroid hormones suppliers to Ecuador were Colombia, Mexico and Belgium, with a combined 36% share of total imports. Brazil, Argentina, India, the UK, Germany, Spain, Costa Rica, Chile and Peru lagged somewhat behind, together comprising a further 41%.

What are the leading importers of medicaments containing corticosteroid hormones from Ecuador?

In value terms, Colombia remains the key foreign market for medicaments containing corticosteroid hormones exports from Ecuador, comprising 71% of total exports. The second position in the ranking was occupied by Bolivia, with a 22% share of total exports.

What is the average export price for medicaments containing corticosteroid hormones in Ecuador?

In 2020, the average medicaments containing corticosteroid hormones export price amounted to $73,680 per ton, declining by -30.2% against the previous year.

What is the average import price for medicaments containing corticosteroid hormones in Ecuador?

The average medicaments containing corticosteroid hormones import price stood at $101,806 per ton in 2020, growing by 14% against the previous year.

This report provides an in-depth analysis of the market for medicaments containing corticosteroid hormones 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 21201270 - Medicaments containing corticosteroid hormones, their derivatives and structural analogues, put up in measured doses or for retail sale

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:

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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
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How to increase your profit margins
How to make your supply chain more sustainable
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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