Argentina: Market for Medicaments Containing Insulin But Not Antibiotics In Measured Doses 2024

Market Size for Medicaments Containing Insulin But Not Antibiotics In Measured Doses in Argentina

The Argentinian prophylactic medicaments containing insulin market expanded significantly 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). Over the period under review, consumption saw a deep slump. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Exports of Medicaments Containing Insulin But Not Antibiotics In Measured Doses

Exports from Argentina

In 2017, approx. X tons of medicaments containing insulin but not antibiotics in measured doses were exported from Argentina; which is down by X% against the previous year's figure. In general, exports, however, posted a strong increase. The pace of growth appeared the most rapid in 2014 with an increase of X%. The exports peaked at X tons in 2016, and then reduced sharply in the following year.

In value terms, prophylactic medicaments containing insulin exports reduced sharply to $X in 2017. Overall, exports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, the exports attained the peak of $X, and then shrank dramatically in the following year.

Exports by Country

Paraguay (X tons) was the main destination for prophylactic medicaments containing insulin exports from Argentina, accounting for a X% share of total exports. Moreover, prophylactic medicaments containing insulin exports to Paraguay exceeded the volume sent to the second major destination, Uruguay (X tons), threefold.

From 2012 to 2017, the average annual growth rate of volume to Paraguay stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (X% per year) and Venezuela (X% per year).

In value terms, Paraguay ($X) remains the key foreign market for medicaments containing insulin but not antibiotics in measured doses exports from Argentina, comprising X% of total exports. The second position in the ranking was held by Uruguay ($X), with an X% share of total exports.

From 2012 to 2017, the average annual growth rate of value to Paraguay stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (X% per year) and Venezuela (X% per year).

Export Prices by Country

The average prophylactic medicaments containing insulin export price stood at $X per ton in 2017, declining by X% against the previous year. Overall, the export price continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2015 an increase of X%. The export price peaked at $X per ton in 2016, and then shrank markedly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2017, amid the top suppliers, the country with the highest price was Paraguay ($X per ton), while the average price for exports to Venezuela ($X per ton) was amongst the lowest.

From 2012 to 2017, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (X%), while the prices for the other major destinations experienced a decline.

Imports of Medicaments Containing Insulin But Not Antibiotics In Measured Doses

Imports into Argentina

In 2022, supplies from abroad of medicaments containing insulin but not antibiotics in measured doses decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2019 when imports increased by X%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, prophylactic medicaments containing insulin imports expanded rapidly to $X in 2022. Overall, imports recorded a deep slump. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Italy (X tons) and France (X tons) were the main suppliers of prophylactic medicaments containing insulin imports to Argentina, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, China ($X) constituted the largest supplier of medicaments containing insulin but not antibiotics in measured doses to Argentina, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by France, with an X% share.

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

Import Prices by Country

In 2022, the average prophylactic medicaments containing insulin import price amounted to $X per ton, with an increase of X% against the previous year. In general, the import price, however, continues to indicate a abrupt downturn. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the United States ($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

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