Price for Antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereof in Myanmar - 2023

Contents:

  1. Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Myanmar (CIF) - 2022
  2. Imports of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Myanmar

Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Myanmar (CIF) - 2022

The average import price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves stood at $44,438 per ton in 2022, growing by 7.6% against the previous year. Over the period under review, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves decreased by -18.8% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 91% against the previous year. As a result, import price attained the peak level of $54,758 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($47,841 per ton), while the price for Austria ($35,749 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Myanmar

Imports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves into Myanmar soared to 46 tons in 2022, jumping by 61% against 2021 figures. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 358% against the previous year. As a result, imports attained the peak of 67 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves surged to $2.1M in 2022. Overall, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 188%. As a result, imports reached the peak of $2.3M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India3758858471,25449.5%
China13497587.945350.1%
AustriaN/AN/AN/A2860%
United States29.477.316.959.726.6%
Hong Kong SAR62.994.365.5N/A2.0%
United Kingdom11214182.5N/A-14.2%
Indonesia79.711577.0N/A-1.7%
Others5.711.15.3N/A-3.6%
Total7982,2991,1822,05337.0%

Top Suppliers of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof to Myanmar in 2022:

  1. India (26.2 tons)
  2. China (11.5 tons)
  3. Austria (8.0 tons)
  4. United States (0.5 tons)

Source: IndexBox Market Intelligence Platform

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