Latin America and the Caribbean: Sugar-Intensive Throat Pastille Market 2020

Sugar-Intensive Throat Pastille Market Size in Latin America and the Caribbean

The revenue of the sugar-intensive throat pastille market in Latin America and the Caribbean amounted to $X in 2017, rising by X% against the previous year. The total market indicated a remarkable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the sugar-intensive throat pastille consumption increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2015, with an increase of X% y-o-y. The level of sugar-intensive throat pastille consumption peaked in 2017, and is expected to retain its growth in the immediate term.

Sugar-Intensive Throat Pastille Production in Latin America and the Caribbean

In 2017, approx. X tons of throat pastilles and cough drops (not containing medicinal properties) were produced in Latin America and the Caribbean; stabilizing at the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2009, when it surged by X% against the previous year. Over the period under review, the sugar-intensive throat pastille production attained its maximum volume in 2017, and is expected to retain its growth in the near future.

Sugar-Intensive Throat Pastille Exports in Latin America and the Caribbean

In 2017, sugar-intensive throat pastille exports in Latin America and the Caribbean amounted to X tons, falling by -X% against the previous year. The sugar-intensive throat pastille exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, with an increase of X% against the previous year. The volume of exports peaked of X tons in 2008; however, from 2009 to 2017, it failed to regain its momentum.

In value terms, sugar-intensive throat pastille exports stood at $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Sugar-Intensive Throat Pastille Exports by Country in Latin America and the Caribbean

In 2017, Mexico (X tons) represented the main exporter for throat pastilles and cough drops (not containing medicinal properties), constituting X% of total exports. Colombia (X tons) took the second position in the ranking, followed by Brazil (X tons) and Guatemala (X tons). All these countries together held approx. X% share of total exports. Argentina (X tons), El Salvador (X tons) and Ecuador (X tons) followed a long way behind the leaders.

Exports from Mexico increased at an average annual rate of +X% from 2007 to 2017. At the same time, El Salvador (+X%) and Ecuador (+X%) displayed positive paces of growth. Moreover, El Salvador emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. Guatemala experienced a relatively flat trend pattern. By contrast, Brazil (-X%), Colombia (-X%) and Argentina (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Argentina, Colombia and Brazil increased by X%, X% and X% percentage points, while El Salvador (-X%) and Mexico (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest sugar-intensive throat pastille supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Colombia ($X), with a X% share of global exports. It was followed by Brazil, with a X% share.

In Mexico, sugar-intensive throat pastille exports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Colombia (-X% per year) and Brazil (-X% per year).

Sugar-Intensive Throat Pastille Export Prices by Country in Latin America and the Caribbean

The sugar-intensive throat pastille export price in Latin America and the Caribbean stood at $X per ton in 2017, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008, when it surged by X% y-o-y. The level of export price peaked in 2017, and is expected to retain its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Ecuador ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Guatemala (+X% per year), while the other leaders experienced more modest paces of growth.

Sugar-Intensive Throat Pastille Imports in Latin America and the Caribbean

The imports stood at X tons in 2017, growing by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2011, with an increase of X% year-to-year. Over the period under review, the sugar-intensive throat pastille imports reached its peak figure volume of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, sugar-intensive throat pastille imports totaled $X in 2017. The total imports indicated a remarkable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the sugar-intensive throat pastille imports increased by +X% against 2015 indices. Over the period under review, the sugar-intensive throat pastille imports reached its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Sugar-Intensive Throat Pastille Imports by Country in Latin America and the Caribbean

In 2017, Venezuela (X tons) and Mexico (X tons) represented the major importers of throat pastilles and cough drops (not containing medicinal properties) in the globe, together accounting for approx. X% of total imports. Chile (X tons) occupied the second position in the ranking, followed by Peru (X tons), Honduras (X tons), Nicaragua (X tons) and Ecuador (X tons). All these countries together took approx. X% share of total imports. The following importers - Bolivia (X tons), Paraguay (X tons), Guatemala (X tons), the Dominican Republic (X tons) and Brazil (X tons) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Peru (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest sugar-intensive throat pastille markets worldwide were Venezuela ($X), Mexico ($X) and Chile ($X), with a combined X% share of total imports. The Dominican Republic, Peru, Honduras, Ecuador, Brazil, Guatemala, Nicaragua, Paraguay and Bolivia lagged somewhat behind, together comprising a further X%.

Peru (+X% per year) recorded the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Sugar-Intensive Throat Pastille Import Prices by Country in Latin America and the Caribbean

The sugar-intensive throat pastille import price in Latin America and the Caribbean stood at $X per ton in 2017, increasing by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008, when it surged by X% y-o-y. The level of import price peaked of $X per ton in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was the Dominican Republic ($X per ton), while Bolivia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Bolivia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform