MERCOSUR: Condom Market 2024

Condom Exports

Exports in MERCOSUR

In 2021, the amount of condoms (sheath contraceptives) exported in MERCOSUR soared to X units, with an increase of 64% against the previous year's figure. Over the period under review, exports, however, showed a abrupt downturn. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, condom exports skyrocketed to $X in 2021. In general, exports, however, recorded a abrupt slump. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Argentina dominates exports structure, finishing at X units, which was approx. 78% of total exports in 2021. Colombia (X units) ranks second in terms of the total exports with a 6.7% share, followed by Uruguay (5.3%) and Ecuador (5.3%). The following exporters - Venezuela (X units) and Peru (X units) - each amounted to a 3.6% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to condom exports from Argentina stood at -1.6%. At the same time, Venezuela (+51.9%) and Ecuador (+22.0%) displayed positive paces of growth. Moreover, Venezuela emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +51.9% from 2012-2021. By contrast, Uruguay (-2.3%), Colombia (-6.2%) and Peru (-24.2%) illustrated a downward trend over the same period. Argentina (+28 p.p.), Ecuador (+4.8 p.p.), Venezuela (+2.1 p.p.) and Uruguay (+1.7 p.p.) significantly strengthened its position in terms of the total exports, while Peru saw its share reduced by -8.8% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Argentina ($X) remains the largest condom supplier in MERCOSUR, comprising 67% of total exports. The second position in the ranking was held by Colombia ($X), with an 11% share of total exports. It was followed by Ecuador, with a 6.5% share.

From 2012 to 2021, the average annual growth rate of value in Argentina totaled -3.1%. The remaining exporting countries recorded the following average annual rates of exports growth: Colombia (-9.8% per year) and Ecuador (+20.9% per year).

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per thousand units, which is down by -8.8% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 11%. Over the period under review, the export prices hit record highs at $X per thousand units in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Venezuela ($X per thousand units), while Argentina ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Peru (+12.6%), while the other leaders experienced mixed trends in the export price figures.

Condom Imports

Imports in MERCOSUR

In 2021, approx. X units of condoms (sheath contraceptives) were imported in MERCOSUR; increasing by 29% compared with the previous year's figure. The total import volume increased at an average annual rate of +1.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by 35%. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, condom imports soared to $X in 2021. Total imports indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +2.3% 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 -6.0% against 2019 indices. The pace of growth was the most pronounced in 2019 with an increase of 50%. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Brazil represented the largest importing country with an import of about X units, which resulted at 56% of total imports. Colombia (X units) ranks second in terms of the total imports with an 11% share, followed by Chile (11%), Argentina (7.9%) and Peru (7.4%). Ecuador (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to condom imports into Brazil stood at +5.2%. At the same time, Chile (+15.3%) and Colombia (+1.0%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +15.3% from 2012-2021. By contrast, Peru (-3.5%), Ecuador (-3.8%) and Argentina (-6.8%) illustrated a downward trend over the same period. While the share of Brazil (+15 p.p.) and Chile (+7.6 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Ecuador (-2 p.p.), Peru (-4.2 p.p.) and Argentina (-9.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported condoms (sheath contraceptives) in MERCOSUR, comprising 57% of total imports. The second position in the ranking was held by Argentina ($X), with a 10% share of total imports. It was followed by Colombia, with a 9.8% share.

In Brazil, condom imports expanded at an average annual rate of +4.1% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Argentina (-1.2% per year) and Colombia (+3.4% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per thousand units in 2021, declining by -11.1% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 18% against the previous year. The level of import peaked at $X per thousand units in 2020, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Argentina ($X per thousand units), while Ecuador ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+6.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform