Report Update Nov 1, 2024

Venezuela - Medicaments Containing Penicillins or Derivatives Thereof - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Medicaments Containing Penicillin Market 2024

Medicaments Containing Penicillin Market Size in Venezuela

In 2021, the Venezuelan medicaments containing penicillin market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, continues to indicate a sharp contraction. Medicaments containing penicillin consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Medicaments Containing Penicillin Exports

Exports from Venezuela

In 2021, the amount of medicaments containing penicillins or derivatives thereof exported from Venezuela totaled less than X kg, standing approx. at 2020. Over the period under review, exports continue to indicate a relatively flat trend pattern.

In value terms, medicaments containing penicillin exports stood at less than $X in 2021. In general, exports saw a relatively flat trend pattern.

Medicaments Containing Penicillin Imports

Imports into Venezuela

In 2021, overseas purchases of medicaments containing penicillins or derivatives thereof were finally on the rise to reach X tons after two years of decline. In general, imports, however, continue to indicate a dramatic decline. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, medicaments containing penicillin imports skyrocketed to $X in 2021. Over the period under review, imports, however, faced a precipitous setback. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the UK (X tons) constituted the largest medicaments containing penicillin supplier to Venezuela, accounting for a 77% share of total imports. Moreover, medicaments containing penicillin imports from the UK exceeded the figures recorded by the second-largest supplier, Panama (X kg), fivefold. The United States (X kg) ranked third in terms of total imports with a 6.3% share.

From 2012 to 2021, the average annual growth rate of volume from the UK totaled -3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Panama (-24.2% per year) and the United States (-24.9% per year).

In value terms, the UK ($X) constituted the largest supplier of medicaments containing penicillins or derivatives thereof to Venezuela, comprising 68% of total imports. The second position in the ranking was taken by Panama ($X), with a 16% share of total imports. It was followed by the United States, with a 9.3% share.

From 2012 to 2021, the average annual growth rate of value from the UK totaled -1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Panama (-11.7% per year) and the United States (-28.6% per year).

Import Prices by Country

The average medicaments containing penicillin import price stood at $X per ton in 2021, dropping by -30.2% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 42% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Panama (+16.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for medicaments containing penicillins or derivatives thereof in the world?

China remains the largest medicaments containing penicillin consuming country worldwide, accounting for 20% of total volume. Moreover, medicaments containing penicillin consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with an 8.9% share.

What are the largest producers of medicaments containing penicillins or derivatives thereof in the world?

The country with the largest volume of medicaments containing penicillin production was China, accounting for 20% of total volume. Moreover, medicaments containing penicillin production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 9% share.

What are the leading suppliers of medicaments containing penicillins or derivatives thereof to Venezuela?

In value terms, Panama, the United States and India appeared to be the largest medicaments containing penicillin suppliers to Venezuela, together accounting for 90% of total imports. These countries were followed by Colombia and Brazil, which together accounted for a further 8.8%.

What are the leading importers of medicaments containing penicillins or derivatives thereof from Venezuela?

In value terms, Chile $913) remains the key foreign market for medicaments containing penicillin exports from Venezuela, comprising 95% of total exports. The second position in the ranking was occupied by Guatemala $44), with a 4.6% share of total exports.

What is the average export price for medicaments containing penicillins or derivatives thereof in Venezuela?

The average medicaments containing penicillin export price stood at $106,333 per ton in 2012, waning by -18.1% against the previous year.

What is the average import price for medicaments containing penicillins or derivatives thereof in Venezuela?

In 2020, the average medicaments containing penicillin import price amounted to $23,008 per ton, falling by -43.6% against the previous year.

This report provides an in-depth analysis of the medicaments containing penicillin market in Venezuela. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 21201130 - Medicaments containing penicillins or derivatives thereof, with a penicillanic acid structure, or streptomycins or their derivatives, for therapeutic or prophylactic uses, n.p.r.s.

Country coverage:

Venezuela

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Venezuela
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023