Uruguay: Market for Medicaments Of Other Antibiotics 2022

Market Size for Medicaments Of Other Antibiotics in Uruguay

The Uruguayan medicaments of other antibiotics market skyrocketed to $X in 2021, increasing 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). In general, consumption, however, recorded a noticeable contraction. Medicaments of other antibiotics consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Exports of Medicaments Of Other Antibiotics

Exports from Uruguay

In 2021, shipments abroad of medicaments of other antibiotics increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, medicaments of other antibiotics exports skyrocketed to $X in 2021. In general, exports continue to indicate a pronounced expansion. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

South Africa (X tons) was the main destination for medicaments of other antibiotics exports from Uruguay, accounting for a X% share of total exports. Moreover, medicaments of other antibiotics exports to South Africa exceeded the volume sent to the second major destination, Brazil (X tons), twofold. Algeria (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to South Africa stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+X% per year) and Algeria (+X% per year).

In value terms, the largest markets for medicaments of other antibiotics exported from Uruguay were Brazil ($X), Paraguay ($X) and South Africa ($X), together comprising X% of total exports. These countries were followed by Ecuador, Vietnam, Free Zones, Algeria, Bolivia, Mexico, Iraq, Argentina, Peru and Nicaragua, which together accounted for a further X, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average medicaments of other antibiotics export price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price, however, recorded a perceptible descent. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Ecuador ($X per ton), while the average price for exports to Iraq ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Medicaments Of Other Antibiotics

Imports into Uruguay

Medicaments of other antibiotics imports into Uruguay surged to X tons in 2021, increasing by X% against the previous year's figure. In general, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, medicaments of other antibiotics imports shrank modestly to $X in 2021. Over the period under review, imports, however, continue to indicate a perceptible slump. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Argentina (X tons) constituted the largest supplier of medicaments of other antibiotics to Uruguay, accounting for a X% share of total imports. Moreover, medicaments of other antibiotics imports from Argentina exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. The third position in this ranking was taken by Italy (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Argentina totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+X% per year) and Italy (+X% per year).

In value terms, Argentina ($X) constituted the largest supplier of medicaments of other antibiotics to Uruguay, comprising X% of total imports. The second position in the ranking was taken by Brazil ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2021, the average annual growth rate of value from Argentina stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and Italy (-X% per year).

Import Prices by Country

In 2021, the average medicaments of other antibiotics import price amounted to $X per ton, which is down by -X% against the previous year. Over the period under review, the import price continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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