Mexico - Vaccines For Human Medicine - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVaccine Price in Mexico - 2022
Contents:
- Vaccine Price in Mexico (CIF) - 2022
- Vaccine Price in Mexico (FOB) - 2022
- Vaccine Imports in Mexico
- Vaccine Exports in Mexico
Vaccine Price in Mexico (CIF) - 2022
In June 2022, the average vaccine import price amounted to $1.9M per ton, surging by 28% against the previous month. In general, the import price continues to indicate modest growth. The pace of growth appeared the most rapid in January 2022 when the average import price increased by 148% month-to-month. Over the period under review, average import prices attained the maximum in June 2022.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From July 2021 to June 2022, the rate of growth in terms of prices for the United States amounted to +1.6% per month.
Vaccine Price in Mexico (FOB) - 2022
The average vaccine export price stood at $3,894,146 per ton in 2022, with an increase of 3.7% against the previous year. In general, the export price continues to indicate significant growth. The pace of growth was the most pronounced in 2014 an increase of 82%. Over the period under review, the average export prices hit record highs at $4,068,660 per ton in 2020; however, from 2021 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 France ($6,101,267 per ton), while the average price for exports to Nicaragua ($22,904 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 Uruguay (+26.8%), while the prices for the other major destinations experienced more modest paces of growth.
Vaccine Imports in Mexico
In 2022, vaccine imports into Mexico surged to 178 tons, rising by 53% on 2021. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 416% against the previous year. As a result, imports attained the peak of 212 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, vaccine imports surged to $119M in 2022. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 433% against the previous year. As a result, imports attained the peak of $141M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Vaccine in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | N/A | N/A | 32.3 | 44.3 | 37.2% |
France | 6.5 | 39.9 | 10.4 | 14.2 | 29.8% |
India | 1.1 | 11.6 | 1.0 | 1.9 | 20.0% |
Netherlands | 0.2 | 2.2 | 1.1 | 1.5 | 95.7% |
Others | 18.7 | 87.1 | 52.4 | 57.1 | 45.1% |
Total | 26.4 | 141 | 97.2 | 119 | 65.2% |
Top Suppliers of Vaccine to Mexico in 2022:
- China (118.9 tons)
- Netherlands (35.3 tons)
- France (3.7 tons)
- India (2.9 tons)
Vaccine Exports in Mexico
After three years of growth, shipments abroad of vaccines for human medicine decreased by -10.7% to 51 tons in 2022. The total export volume increased at an average annual rate of +8.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 27% against the previous year. As a result, the exports reached the peak of 57 tons, and then fell in the following year.
In value terms, vaccine exports reduced to $200M in 2022. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 96%.
Export of Vaccine in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 44.8 | 89.0 | 98.7 | 91.3 | 26.8% |
Peru | 2.4 | 4.2 | 13.6 | 12.6 | 73.8% |
El Salvador | 0.3 | 0.5 | 1.7 | 1.6 | 74.7% |
Guatemala | N/A | N/A | 1.2 | 1.1 | -8.3% |
Panama | 0.4 | 0.4 | 0.4 | 0.4 | 0.0% |
Jamaica | 0.3 | 0.2 | 0.2 | 0.2 | -12.6% |
Dominican Republic | 0.2 | N/A | 0.2 | 0.2 | 0.0% |
Barbados | N/A | N/A | 0.1 | 0.2 | 100.0% |
Nicaragua | N/A | N/A | N/A | N/A | 0% |
Others | 45.5 | 89.2 | 99.7 | 92.2 | 26.5% |
Total | 93.7 | 184 | 216 | 200 | 28.8% |
Top Export Markets for Vaccine from Mexico in 2022:
- France (15.0 tons)
- Guatemala (5.8 tons)
- Dominican Republic (3.9 tons)
- Peru (3.7 tons)
- El Salvador (3.5 tons)
- Nicaragua (1.3 tons)
- Barbados (0.9 tons)
- Panama (0.7 tons)
- Jamaica (0.2 tons)
This report provides an in-depth analysis of the vaccine market in Mexico. 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 21202140 -
- Prodcom 21202145 - Vaccines for human medicine
Country coverage:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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