Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Ecuador - 2022

Contents:

  1. Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Ecuador (CIF) - 2022
  2. Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Ecuador

Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Ecuador (CIF) - 2022

In 2022, the average import price for pharmaceutical goods; appliances identifiable for ostomy uses amounted to $55,348 per ton, flattening at the previous year. Overall, the import price, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2019 an increase of 14%. Over the period under review, average import prices attained the maximum at $91,601 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Brazil ($83,814 per ton), while the price for China ($35,780 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+4.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Ecuador

In 2022, purchases abroad of pharmaceutical goods; appliances identifiable for ostomy uses decreased by -7.3% to 14 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 4.8% against the previous year. As a result, imports reached the peak of 19 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of pharmaceutical goods; appliances identifiable for ostomy uses shrank to $779K in 2022. In general, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2020 with an increase of 4.8% against the previous year. As a result, imports attained the peak of $1.4M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Dominican Republic404477207298-9.6%
France270278137154-17.1%
United States156178236116-9.4%
Hungary99.113171.283.4-5.6%
China22114854.979.1-29.0%
Brazil56.864.319.030.3-18.9%
Taiwan (Chinese)29.925.812.9N/A-34.3%
Others76.573.898.917.7-38.6%
Total1,3131,376837779-16.0%

Top Suppliers of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use to Ecuador in 2022:

  1. Dominican Republic (4.2 tons)
  2. France (4.0 tons)
  3. China (2.2 tons)
  4. United States (2.1 tons)
  5. Hungary (1.1 tons)
  6. Brazil (0.4 tons)

Source: IndexBox Market Intelligence Platform

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