Key Market Indicators
Colombia's imports of insulin are set to reach 1.3 million kilograms by 2026 – a 4% annual growth rate since 2021, when it imported 993,470 kilograms. Since 1996, Colombia's demand for the drug has increased 16.2% annually. This placed it 12th in the world rankings in 2021, overtaken by Hungary with 993,470 kilograms. France, Germany and the UK ranked second, third and fourth respectively. Since 1997, Colombia's supply of insulin has grown 42.2% annually. This placed it 46th in the world rankings in 2018, overtaken by Ghana at 360.95 kilograms. India, Italy and Germany came in second, third and fourth respectively.