Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Canada - 2024
Contents:
- Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Canada (CIF) - 2022
- Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Canada (FOB) - 2022
- Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Canada
- Exports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Canada
Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Canada (CIF) - 2022
The average import price for pharmaceutical goods; appliances identifiable for ostomy uses stood at $56,869 per ton in 2022, which is down by -9.3% against the previous year. Overall, the import price continues to indicate a mild slump. The most prominent rate of growth was recorded in 2021 an increase of 4.8% against the previous year. The import price peaked at $69,058 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Hungary ($56,869 per ton) and Ireland ($56,869 per ton), while the price for the UK ($56,868 per ton) and Denmark ($56,868 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (-1.3%), while the prices for the other major suppliers experienced a decline.
Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Canada (FOB) - 2022
The average export price for pharmaceutical goods; appliances identifiable for ostomy uses stood at $50,254 per ton in 2022, waning by -25.2% against the previous year. Over the period under review, the export price saw a slight reduction. The pace of growth appeared the most rapid in 2021 an increase of 11% against the previous year. As a result, the export price reached the peak level of $67,140 per ton, and then dropped sharply in the following year.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Iran ($50,272 per ton) and the Dominican Republic ($50,262 per ton), while the average price for exports to South Korea ($50,159 per ton) and the United States ($50,260 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Canada
In 2022, the amount of pharmaceutical goods; appliances identifiable for ostomy uses imported into Canada rose sharply to 781 tons, growing by 7.4% against the year before. The total import volume increased at an average annual rate of +8.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 12% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of pharmaceutical goods; appliances identifiable for ostomy uses fell slightly to $44M in 2022. The total import value increased at an average annual rate of +6.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 12% against the previous year.
| Import of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 19.2 | 20.0 | 21.6 | 21.3 | 3.5% |
| Hungary | 7.1 | 8.4 | 9.2 | 8.8 | 7.4% |
| Dominican Republic | 5.8 | 6.4 | 6.9 | 5.4 | -2.4% |
| Ireland | 0.5 | 0.6 | 1.6 | 2.1 | 61.3% |
| Denmark | 1.4 | 1.4 | 1.7 | 1.9 | 10.7% |
| Lithuania | N/A | 0.2 | 1.3 | 1.5 | 173.9% |
| United Kingdom | 1.8 | 2.7 | 1.6 | 1.1 | -15.1% |
| Others | 0.8 | 1.3 | 1.6 | 2.4 | 44.2% |
| Total | 36.6 | 40.9 | 45.6 | 44.4 | 6.7% |
Top Suppliers of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use to Canada in 2022:
- United States (373.8 tons)
- Hungary (155.2 tons)
- Dominican Republic (95.5 tons)
- Ireland (36.4 tons)
- Denmark (32.7 tons)
- Lithuania (25.8 tons)
- United Kingdom (19.2 tons)
Exports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Canada
In 2022, overseas shipments of pharmaceutical goods; appliances identifiable for ostomy uses increased by 199% to 7.7 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a perceptible decline.
In value terms, exports of pharmaceutical goods; appliances identifiable for ostomy uses soared to $388K in 2022. In general, exports, however, continue to indicate a abrupt downturn.
| Export of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 401 | 153 | 110 | 266 | -12.8% |
| Iran | 95.1 | 78.5 | 2.9 | 90.2 | -1.7% |
| Dominican Republic | N/A | N/A | 47.8 | 23.6 | -50.6% |
| South Korea | N/A | N/A | N/A | 7.9 | 0% |
| Others | 17.8 | 7.8 | 12.5 | 0.1 | -82.2% |
| Total | 514 | 239 | 173 | 388 | -8.9% |
Top Export Markets for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use from Canada in 2022:
- United States (5.3 tons)
- Iran (1.8 tons)
- Dominican Republic (0.5 tons)
- South Korea (0.2 tons)
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