Pharmaceutical Rubber Articles Market in Brazil
Market Overview
The Brazilian pharmaceutical rubber articles market expanded modestly to $
in , increasing by % 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). In general, consumption, however, saw a mild contraction. As a result, consumption attained the peak level of $. From 2013 to , the growth of the market remained at a lower figure.
In value terms, pharmaceutical rubber articles production rose modestly to $ in estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2012 when the production volume increased by % against the previous year. As a result, production attained the peak level of $. From 2013 to , production growth remained at a somewhat lower figure.
in , increasing by % 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). In general, consumption, however, saw a mild contraction. As a result, consumption attained the peak level of $. From 2013 to , the growth of the market remained at a lower figure.In value terms, pharmaceutical rubber articles production rose modestly to $
in estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2012 when the production volume increased by % against the previous year. As a result, production attained the peak level of $. From 2013 to , production growth remained at a somewhat lower figure.Consumption
Pharmaceutical rubber articles consumption in Brazil amounted to units in , with an increase of % against the previous year's figure. In general, consumption, however, saw a pronounced reduction. The pace of growth appeared the most rapid in with an increase of % against the previous year. Over the period under review, consumption reached the peak volume at units in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.
The size of the pharmaceutical rubber articles market in Brazil reached $ in , increasing by % 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). Overall, consumption, however, showed a mild descent. As a result, consumption attained the peak level of $. From 2013 to , the growth of the market remained at a somewhat lower figure.
units in , with an increase of % against the previous year's figure. In general, consumption, however, saw a pronounced reduction. The pace of growth appeared the most rapid in with an increase of % against the previous year. Over the period under review, consumption reached the peak volume at units in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.The size of the pharmaceutical rubber articles market in Brazil reached $
in , increasing by % 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). Overall, consumption, however, showed a mild descent. As a result, consumption attained the peak level of $. From 2013 to , the growth of the market remained at a somewhat lower figure.Market Forecast
Depressed by shrinking demand for pharmaceutical rubber articles in Brazil, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to units by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to depress the market volume to units by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Over the period under review, imports of pharmaceutical rubber articles in Brazil were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for pharmaceutical rubber articles.
Trade Balance
Brazil remains a net importer of pharmaceutical rubber articles; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of units, which was equal to $.
. In , there was a significant trade deficit of units, which was equal to $.
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