Price for Pharmaceutical Goods; Waste Pharmaceuticals in Canada - 2022
Contents:
- Price for Pharmaceutical Goods; Waste Pharmaceuticals in Canada (FOB) - 2022
- Price for Pharmaceutical Goods; Waste Pharmaceuticals in Canada (CIF) - 2022
- Exports of Pharmaceutical Goods; Waste Pharmaceuticals in Canada
- Imports of Pharmaceutical Goods; Waste Pharmaceuticals in Canada
Price for Pharmaceutical Goods; Waste Pharmaceuticals in Canada (FOB) - 2022
In 2022, the average pharmaceutical goods; waste pharmaceuticals export price amounted to $38,791 per ton, picking up by 67% against the previous year. Over the period under review, the export price showed strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bahamas ($44,534 per ton), while the average price for exports to the United States ($17,029 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 Bahamas (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Pharmaceutical Goods; Waste Pharmaceuticals in Canada (CIF) - 2022
The average pharmaceutical goods; waste pharmaceuticals import price stood at $453,835 per ton in 2022, increasing by 187% against the previous year. Overall, the import price recorded a temperate expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 416% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($3,027,833 per ton), while the price for China ($158,778 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+80.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Pharmaceutical Goods; Waste Pharmaceuticals in Canada
In 2022, shipments abroad of pharmaceutical goods; waste pharmaceuticalses decreased by -9.4% to 7.8 tons, falling for the second year in a row after two years of growth. Overall, exports recorded a sharp downturn. The pace of growth appeared the most rapid in 2020 with an increase of 25%. As a result, the exports attained the peak of 23 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, pharmaceutical goods; waste pharmaceuticals exports soared to $302K in 2022. Over the period under review, exports continue to indicate a noticeable slump.
Export of Pharmaceutical Goods; Waste Pharmaceuticals in Canada (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cayman Islands | 69.3 | 40.6 | 23.4 | 127 | 22.4% |
Bahamas | 21.1 | 31.0 | 26.0 | 90.2 | 62.3% |
Jamaica | 19.0 | 102 | 6.7 | 57.9 | 45.0% |
United States | 166 | 169 | 110 | 27.2 | -45.3% |
Others | 69.7 | 78.8 | 34.0 | N/A | -30.2% |
Total | 345 | 421 | 200 | 302 | -4.3% |
Top Export Markets for Pharmaceutical Goods; Waste Pharmaceuticals from Canada in 2022:
- Cayman Islands (2.9 tons)
- Bahamas (2.0 tons)
- United States (1.6 tons)
- Jamaica (1.3 tons)
Imports of Pharmaceutical Goods; Waste Pharmaceuticals in Canada
In 2022, approx. 387 kg of pharmaceutical goods; waste pharmaceuticalses were imported into Canada; shrinking by -5.8% against the previous year. Over the period under review, imports, however, saw prominent growth. The pace of growth was the most pronounced in 2021 when imports increased by 169% against the previous year. As a result, imports reached the peak of 411 kg, and then declined in the following year.
In value terms, pharmaceutical goods; waste pharmaceuticals imports skyrocketed to $176K in 2022. Overall, imports, however, showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Pharmaceutical Goods; Waste Pharmaceuticals in Canada (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 1.3 | N/A | N/A | 156 | 393.2% |
United States | 7.0 | 2.3 | 8.2 | 18.2 | 37.5% |
China | 3.7 | 1.3 | 4.4 | 1.4 | -27.7% |
Ireland | 0.5 | 0.1 | 0.2 | N/A | -36.8% |
United Kingdom | 3.5 | 15.3 | 26.8 | N/A | 176.7% |
Denmark | 2.6 | 0.5 | 1.9 | N/A | -14.5% |
Australia | 44.1 | 6.7 | 19.7 | N/A | -33.2% |
Israel | 5.3 | 0.8 | 2.1 | N/A | -37.1% |
Others | 2.9 | 0.4 | 1.6 | N/A | -25.7% |
Total | 70.9 | 27.5 | 64.9 | 176 | 35.4% |
Top Suppliers of Pharmaceutical Goods; Waste Pharmaceuticals to Canada in 2022:
- India (371.0 kg)
- China (9.0 kg)
- United States (6.0 kg)
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