Ecuador: Market for Medicaments Of Other Antibiotics 2022

Market Size for Medicaments Of Other Antibiotics in Ecuador

In 2021, the Ecuadorian medicaments of other antibiotics market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Medicaments of other antibiotics consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Exports of Medicaments Of Other Antibiotics

Exports from Ecuador

In 2021, shipments abroad of medicaments of other antibiotics decreased by -X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a dramatic shrinkage. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, medicaments of other antibiotics exports declined sharply to $X in 2021. In general, exports saw a sharp setback. The pace of growth was the most pronounced in 2016 when exports increased by X%. 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

Colombia (X tons), Peru (X tons) and the United States (X tons) were the main destinations of medicaments of other antibiotics exports from Ecuador, with a combined X% share of total exports. Bolivia, Panama, Nicaragua and El Salvador lagged somewhat behind, together accounting for a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Nicaragua (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for medicaments of other antibiotics exported from Ecuador were Colombia ($X), Peru ($X) and Bolivia ($X), with a combined X% share of total exports. Panama, the United States, Nicaragua and El Salvador lagged somewhat behind, together comprising a further X terms of the main countries of destination, Nicaragua, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average medicaments of other antibiotics export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price, however, recorded a noticeable decline. The growth pace was the most rapid in 2017 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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

Imports of Medicaments Of Other Antibiotics

Imports into Ecuador

In 2021, supplies from abroad of medicaments of other antibiotics decreased by -X% to X tons, falling for the second consecutive year after three years of growth. In general, total imports indicated a pronounced expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2019 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, medicaments of other antibiotics imports expanded markedly to $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

Colombia (X tons), China (X tons) and Peru (X tons) were the main suppliers of medicaments of other antibiotics imports to Ecuador, with a combined X% share of total imports. These countries were followed by India, Chile, Brazil, Spain, Mexico, Argentina, the United States, Italy, Belgium and the United Arab Emirates, which together accounted for a further X 2012 to 2021, the biggest increases were in the United Arab Emirates (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X) constituted the largest supplier of medicaments of other antibiotics to Ecuador, comprising X% of total imports. The second position in the ranking was held by Argentina ($X), with an X% share of total imports. It was followed by Italy, with an X% share.

From 2012 to 2021, the average annual growth rate of value from Colombia stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+X% per year) and Italy (+X% per year).

Import Prices by Country

The average medicaments of other antibiotics import price stood at $X per ton in 2021, surging by X% against the previous year. Over the period under review, the import price, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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