Pharmaceutical Goods Price in Peru - 2021
Contents:
- Pharmaceutical Goods Price in Peru (CIF) - 2022
- Pharmaceutical Goods Price in Peru (FOB) - 2022
- Pharmaceutical Goods Imports in Peru
- Pharmaceutical Goods Exports in Peru
Pharmaceutical Goods Price in Peru (CIF) - 2022
The average pharmaceutical goods import price stood at $73,725 per ton in 2022, surging by 3.6% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 13%. As a result, import price reached the peak level of $82,544 per ton. From 2016 to 2022, 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 the Netherlands ($191,688 per ton), while the price for Thailand ($7,375 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Pharmaceutical Goods Price in Peru (FOB) - 2022
In 2022, the average pharmaceutical goods export price amounted to $35,474 per ton, falling by -5.1% against the previous year. Overall, the export price showed a deep reduction. The pace of growth was the most pronounced in 2018 an increase of 25%. Over the period under review, the average export prices hit record highs at $164,210 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($237,744 per ton), while the average price for exports to Ecuador ($9,832 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+5.6%), while the prices for the other major destinations experienced mixed trend patterns.
Pharmaceutical Goods Imports in Peru
In 2022, imports of pharmaceutical goodses into Peru fell notably to 470 tons, declining by -16.7% on the year before. Overall, imports continue to indicate a slight contraction. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. As a result, imports reached the peak of 564 tons, and then contracted sharply in the following year.
In value terms, pharmaceutical goods imports declined to $35M in 2022. Over the period under review, imports continue to indicate a deep setback. The growth pace was the most rapid in 2021 when imports increased by 38% against the previous year.
| Import of Pharmaceutical Goods in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 5.5 | 5.3 | 9.5 | 7.9 | 12.8% |
| United States | 3.9 | 2.2 | 3.9 | 3.2 | -6.4% |
| Mexico | 3.5 | 1.5 | 3.5 | 2.9 | -6.1% |
| Germany | 3.2 | 3.3 | 3.4 | 2.8 | -4.4% |
| Netherlands | 3.1 | 2.9 | 3.1 | 2.5 | -6.9% |
| India | 2.2 | 1.0 | 1.8 | 1.5 | -12.0% |
| South Korea | 4.8 | 0.4 | 0.4 | 1.5 | -32.1% |
| China | 1.1 | 1.7 | 1.3 | 1.1 | 0.0% |
| Hungary | 0.9 | 1.2 | 1.0 | 0.9 | 0.0% |
| Chile | 0.6 | 0.5 | 0.8 | 0.6 | 0.0% |
| United Kingdom | 0.5 | 0.5 | 0.6 | 0.5 | 0.0% |
| Dominican Republic | 0.2 | 0.3 | 0.6 | 0.5 | 35.7% |
| Thailand | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 11.0 | 8.2 | 10.1 | 8.7 | -7.5% |
| Total | 40.6 | 29.1 | 40.2 | 34.6 | -5.2% |
Top Suppliers of Pharmaceutical Goods to Peru in 2022:
- China (76.3 tons)
- Brazil (51.7 tons)
- India (44.1 tons)
- Mexico (39.4 tons)
- Germany (31.1 tons)
- Chile (30.2 tons)
- United States (27.5 tons)
- Hungary (24.3 tons)
- South Korea (15.4 tons)
- Netherlands (13.2 tons)
- Dominican Republic (13.1 tons)
- United Kingdom (12.4 tons)
- Thailand (11.9 tons)
Pharmaceutical Goods Exports in Peru
After three years of growth, shipments abroad of pharmaceutical goodses decreased by -1.8% to 235 tons in 2022. Overall, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 123%. As a result, the exports attained the peak of 240 tons, and then contracted slightly in the following year.
In value terms, pharmaceutical goods exports declined to $8.4M in 2022. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. As a result, the exports reached the peak of $9M, and then reduced in the following year.
| Export of Pharmaceutical Goods in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 2.2 | 1.7 | 2.1 | 2.0 | -3.1% |
| Argentina | 1.9 | 1.4 | 1.7 | 1.6 | -5.6% |
| Chile | 0.6 | 0.9 | 1.0 | 0.9 | 14.5% |
| United States | 0.3 | 0.9 | 0.4 | 0.5 | 18.6% |
| Others | 3.3 | 2.8 | 3.8 | 3.4 | 1.0% |
| Total | 8.2 | 7.7 | 9.0 | 8.4 | 0.8% |
Top Export Markets for Pharmaceutical Goods from Peru in 2022:
- Ecuador (199.3 tons)
- Argentina (6.9 tons)
- United States (6.8 tons)
- Chile (6.1 tons)
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