Colombia - Gel Preparations For Human Or Veterinary Medicine - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Colombia - Gel Preparations For Human Or Veterinary Medicine - Market Analysis, Forecast, Size, Trends And Insights

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Medical Gel Preparations Price in Colombia - 2022

Contents:

  1. Medical Gel Preparations Price in Colombia (CIF) - 2022
  2. Medical Gel Preparations Price in Colombia (FOB) - 2022
  3. Medical Gel Preparations Imports in Colombia
  4. Medical Gel Preparations Exports in Colombia

Medical Gel Preparations Price in Colombia (CIF) - 2022

The average medical gel preparations import price stood at $11,399 per ton in 2022, falling by -10.1% against the previous year. Overall, the import price recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when the average import price increased by 62%. The import price peaked at $18,092 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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 Venezuela ($29,344 per ton), while the price for Brazil ($4,187 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Venezuela (+9.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Medical Gel Preparations Price in Colombia (FOB) - 2022

The average medical gel preparations export price stood at $18,689 per ton in 2022, picking up by 3.7% against the previous year. Over the period under review, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, medical gel preparations export price decreased by -3.9% against 2020 indices. The growth pace was the most rapid in 2013 when the average export price increased by 51% against the previous year. Over the period under review, the average export prices hit record highs at $20,567 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($32,318 per ton), while the average price for exports to Peru ($17,504 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 Costa Rica (+13.4%), while the prices for the other major destinations experienced mixed trend patterns.

Medical Gel Preparations Imports in Colombia

In 2022, purchases abroad of gel preparations for human or veterinary medicine decreased by -28.5% to 153 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded strong growth. The growth pace was the most rapid in 2021 when imports increased by 117%. As a result, imports reached the peak of 214 tons, and then reduced remarkably in the following year.

In value terms, medical gel preparations imports shrank sharply to $1.7M in 2022. In general, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 252%. As a result, imports attained the peak of $2.7M, and then fell significantly in the following year.

Import of Medical Gel Preparations in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil14018234732532.4%
United States135173497119-4.1%
Thailand37.055.594.593.736.3%
Venezuela39.151.097.291.032.5%
Malaysia8.38.432.330.854.8%
Germany30.123.211426.9-3.7%
India72.970.031620.6-34.4%
Others1872091,2191,03777.0%
Total6507722,7181,74539.0%

Top Suppliers of Medical Gel Preparations to Colombia in 2022:

  1. Brazil (77.7 tons)
  2. Thailand (17.1 tons)
  3. United States (4.5 tons)
  4. Venezuela (3.1 tons)
  5. Malaysia (2.9 tons)
  6. Germany (1.1 tons)
  7. India (0.5 tons)

Medical Gel Preparations Exports in Colombia

Medical gel preparations exports from Colombia amounted to 3.7 tons in 2022, rising by 3.7% compared with the previous year's figure. The total export volume increased at an average annual rate of +8.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 32%. As a result, the exports reached the peak of 3.8 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, medical gel preparations exports rose sharply to $68K in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -6.6% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 69% against the previous year. As a result, the exports reached the peak of $73K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Medical Gel Preparations in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Venezuela32.460.050.657.721.2%
Peru5.26.14.84.7-3.3%
El Salvador0.71.31.11.219.7%
Chile0.60.80.40.1-45.0%
Bolivia0.50.10.1N/A-55.3%
Others3.84.86.64.77.3%
Total43.273.263.668.416.6%

Top Export Markets for Medical Gel Preparations from Colombia in 2022:

  1. Venezuela (3162.0 kg)
  2. Peru (266.0 kg)
  3. El Salvador (46.0 kg)
  4. Bolivia (20.0 kg)
  5. Chile (13.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the medical gel preparations market in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 32505020 - Gel preparations for use in human or veterinary medicine as a lubricant for surgical operations or physical examinations or as a coupling agent between the body and medical instruments

Country coverage:

  • Colombia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Colombia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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