Paraguay: Market for Other Medicaments For Therapeutic Or Prophylactic Uses 2024

Market Size for Other Medicaments For Therapeutic Or Prophylactic Uses in Paraguay

The Paraguayan market for other medicaments for therapeutic or prophylactic uses soared to $X in 2022, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a significant expansion. Consumption of peaked in 2022 and is expected to retain growth in years to come.

Exports of Other Medicaments For Therapeutic Or Prophylactic Uses

Exports from Paraguay

Exports of other medicaments for therapeutic or prophylactic uses from Paraguay fell notably to X kg in 2022, dropping by X% on the year before. Over the period under review, exports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of other medicaments for therapeutic or prophylactic uses reduced rapidly to $X in 2022. Overall, exports continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Belize (X kg) was the main destination for exports of other medicaments for therapeutic or prophylactic uses from Paraguay, with a X% share of total exports. It was followed by Bolivia (X kg), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Belize stood at X%.

In value terms, Belize ($X) emerged as the key foreign market for other medicaments for therapeutic or prophylactic uses exports from Paraguay, comprising X% of total exports. The second position in the ranking was taken by Bolivia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Belize totaled X%.

Export Prices by Country

The average export price for other medicaments for therapeutic or prophylactic uses stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the export price faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($X per ton), while the average price for exports to Belize amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (X%), while the prices for the other major destinations experienced a decline.

Imports of Other Medicaments For Therapeutic Or Prophylactic Uses

Imports into Paraguay

In 2022, the amount of other medicaments for therapeutic or prophylactic uses imported into Paraguay skyrocketed to X tons, jumping by X% on 2021. Overall, imports recorded a significant increase. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, imports of other medicaments for therapeutic or prophylactic uses skyrocketed to $X in 2022. Over the period under review, imports posted a significant increase. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

India (X tons), Brazil (X tons) and Argentina (X tons) were the main suppliers of imports of other medicaments for therapeutic or prophylactic uses to Paraguay, with a combined X% share of total imports.

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

In value terms, India ($X) constituted the largest supplier of other medicaments for therapeutic or prophylactic uses to Paraguay, comprising X% of total imports. The second position in the ranking was held by China ($X), with an X% share of total imports. It was followed by Brazil, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Brazil (X% per year).

Import Prices by Country

In 2022, the average import price for other medicaments for therapeutic or prophylactic uses amounted to $X per ton, rising by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 China ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform