Guatemala: Medicaments Containing Hormones Market 2024

Medicaments Containing Hormones Market Size in Guatemala

In 2022, the Guatemalan medicaments containing hormones market decreased by X% to $X, falling for the third consecutive year after four years of growth. Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Medicaments Containing Hormones Exports

Exports from Guatemala

In 2022, shipments abroad of medicaments containing hormones but not antibiotics decreased by X% to X tons, falling for the second year in a row after four years of growth. Overall, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2019 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, medicaments containing hormones exports stood at $X in 2022. In general, exports showed a abrupt decrease. The pace of growth appeared the most rapid in 2019 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Honduras (X tons) was the main destination for medicaments containing hormones exports from Guatemala, with a X% share of total exports. Moreover, medicaments containing hormones exports to Honduras exceeded the volume sent to the second major destination, Nicaragua (X kg), more than tenfold. El Salvador (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Honduras amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nicaragua (X% per year) and El Salvador (X% per year).

It was followed by El Salvador, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Nicaragua totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Honduras (X% per year) and El Salvador (X% per year).

Export Prices by Country

The average medicaments containing hormones export price stood at $X per ton in 2022, approximately reflecting the previous year. In general, the export price faced a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($X per ton), while the average price for exports to Honduras ($X per ton) was amongst the lowest.

From 2012 to 2022, 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 mixed trend patterns.

Medicaments Containing Hormones Imports

Imports into Guatemala

In 2022, purchases abroad of medicaments containing hormones but not antibiotics decreased by X% to X tons, falling for the third consecutive year after four years of growth. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, medicaments containing hormones imports dropped dramatically to $X in 2022. In general, imports showed a noticeable reduction. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Chile (X tons) constituted the largest supplier of medicaments containing hormones to Guatemala, accounting for a X% share of total imports. Moreover, medicaments containing hormones imports from Chile exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. The third position in this ranking was held by the United States (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Chile was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and the United States (X% per year).

In value terms, Chile ($X) constituted the largest supplier of medicaments containing hormones but not antibiotics to Guatemala, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports. It was followed by Mexico, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Chile was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Mexico (X% per year).

Import Prices by Country

In 2022, the average medicaments containing hormones import price amounted to $X per ton, declining by X% against the previous year. Overall, the import price showed a pronounced contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2021, and then declined significantly in the following year.

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 Mexico ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform