Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in the United States - 2023

Contents:

  1. Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in the United States (FOB) - 2022
  2. Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in the United States (CIF) - 2022
  3. Exports of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in the United States
  4. Imports of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in the United States

Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in the United States (FOB) - 2022

The average export price for antibiotics; streptomycins and their derivatives; salts thereoves stood at $120,577 per ton in 2022, increasing by 2.9% against the previous year. Overall, the export price, however, showed a noticeable slump. The pace of growth was the most pronounced in 2017 when the average export price increased by 138% against the previous year. As a result, the export price reached the peak level of $259,535 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($965,227 per ton), while the average price for exports to the Netherlands ($48,017 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 the UK (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in the United States (CIF) - 2022

The average import price for antibiotics; streptomycins and their derivatives; salts thereoves stood at $57,404 per ton in 2022, dropping by -3.6% against the previous year. Overall, the import price showed a noticeable slump. The most prominent rate of growth was recorded in 2018 an increase of 240%. As a result, import price attained the peak level of $353,519 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -2.8% per year.

Exports of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in the United States

In 2022, the amount of antibiotics; streptomycins and their derivatives; salts thereoves exported from the United States rose to 46 tons, with an increase of 2.2% against the previous year. The total export volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 38% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of antibiotics; streptomycins and their derivatives; salts thereoves expanded sharply to $5.5M in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +18.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.1% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 28% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,6231,8992,5942,44614.7%
Netherlands9201,2411,5371,52818.4%
Canada86.617899.848077.0%
United Kingdom19930737337823.8%
South Korea52.587.872.813035.3%
Others4363785645487.9%
Total3,3174,0915,2415,51018.4%

Top Export Markets for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof from the United States in 2022:

  1. Netherlands (31.8 tons)
  2. China (6.4 tons)
  3. Canada (4.2 tons)
  4. South Korea (1.6 tons)
  5. United Kingdom (0.4 tons)

Imports of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in the United States

In 2022, imports of antibiotics; streptomycins and their derivatives; salts thereoves into the United States shrank markedly to 82 tons, declining by -16.5% on the previous year's figure. Overall, imports showed a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 40% against the previous year.

In value terms, imports of antibiotics; streptomycins and their derivatives; salts thereoves contracted markedly to $4.7M in 2022. Over the period under review, imports faced a significant decrease. The growth pace was the most rapid in 2020 with an increase of 22% against the previous year. As a result, imports attained the peak of $18M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.62.73.83.1-12.3%
Others10.415.52.11.7-45.3%
Total14.918.25.94.7-31.9%

Top Suppliers of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof to the United States in 2022:

  1. China (81.9 tons)

Source: IndexBox Market Intelligence Platform

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