MERCOSUR: Medicaments Containing Hormones Market 2024

Medicaments Containing Hormones Market Size in MERCOSUR

The MERCOSUR medicaments containing hormones market was estimated at $X in 2022, remaining constant against the previous year. The total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Medicaments Containing Hormones Production in MERCOSUR

In value terms, medicaments containing hormones production stood at $X in 2022 estimated in export price. The total production indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Medicaments Containing Hormones Exports

Exports in MERCOSUR

In 2022, shipments abroad of medicaments containing hormones but not antibiotics decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of X tons, and then dropped rapidly in the following year.

In value terms, medicaments containing hormones exports reached $X in 2022. Overall, exports recorded a deep contraction. The growth pace was the most rapid in 2015 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Colombia prevails in exports structure, finishing at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Argentina (X tons), comprising a X% share of total exports. Uruguay (X tons) and Ecuador (X tons) held a little share of total exports.

Colombia was also the fastest-growing in terms of the medicaments containing hormones but not antibiotics exports, with a CAGR of X% from 2012 to 2022. At the same time, Uruguay (X%) and Ecuador (X%) displayed positive paces of growth. By contrast, Argentina (X%) illustrated a downward trend over the same period. Colombia (X p.p.) and Uruguay (X p.p.) significantly strengthened its position in terms of the total exports, while Argentina saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uruguay ($X), Colombia ($X) and Argentina ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

In terms of the main exporting countries, Colombia, with a CAGR of X%, saw the highest growth rate of 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 2022, the export price in MERCOSUR amounted to $X per ton, jumping by X% against the previous year. Overall, the export price, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2017 an increase of X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Uruguay ($X per ton), while Colombia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (X%), while the other leaders experienced a decline in the export price figures.

Medicaments Containing Hormones Imports

Imports in MERCOSUR

In 2022, supplies from abroad of medicaments containing hormones but not antibiotics decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. Over the period under review, imports, however, continue to indicate slight growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, medicaments containing hormones imports soared to $X in 2022. Total imports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 when imports increased by X%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Brazil (X tons) was the major importer of medicaments containing hormones but not antibiotics, generating X% of total imports. It was distantly followed by Venezuela (X tons), comprising a X% share of total imports. Colombia (X tons), Guyana (X tons) and Argentina (X tons) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Venezuela (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) constitutes the largest market for imported medicaments containing hormones but not antibiotics in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Argentina ($X), with a X% share of total imports. It was followed by Venezuela, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Brazil stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Argentina (X% per year) and Venezuela (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Argentina ($X,173 per ton), while Venezuela ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform