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Republic of Korea - Medicaments Containing Penicillins Or Derivatives Thereof - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMedicaments Containing Penicillin Price in South Korea - 2022
Contents:
- Medicaments Containing Penicillin Price in South Korea (CIF) - 2022
- Medicaments Containing Penicillin Price in South Korea (FOB) - 2022
- Medicaments Containing Penicillin Imports in South Korea
- Medicaments Containing Penicillin Exports in South Korea
Medicaments Containing Penicillin Price in South Korea (CIF) - 2022
In December 2022, the average medicaments containing penicillin import price amounted to $210K per ton, surging by 1.5% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2022 an increase of 29% month-to-month. As a result, import price reached the peak level of $267K per ton. From April 2022 to December 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In December 2022, the country with the highest price was China ($227K per ton), while the price for the UK amounted to $160K per ton.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by China (+0.7%).
Medicaments Containing Penicillin Price in South Korea (FOB) - 2022
The average medicaments containing penicillin export price stood at $23,975 per ton in 2022, declining by -80.8% against the previous year. Over the period under review, the export price recorded a pronounced slump. The pace of growth was the most pronounced in 2016 an increase of 301% against the previous year. The export price peaked at $124,786 per ton in 2021, and then reduced remarkably in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($88,291 per ton), while the average price for exports to Indonesia totaled $22,735 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+15.0%), while the prices for the other major destinations experienced more modest paces of growth.
Medicaments Containing Penicillin Imports in South Korea
In 2022, medicaments containing penicillin imports into South Korea skyrocketed to 154 tons, jumping by 76% compared with 2021 figures. In general, imports showed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 97%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, medicaments containing penicillin imports soared to $16M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +18.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -13.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 93%. As a result, imports reached the peak of $19M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Medicaments Containing Penicillin in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.1 | 16.9 | 13.1 | 14.5 | 26.9% |
Italy | 2.6 | 1.6 | N/A | 1.5 | -16.8% |
Others | N/A | N/A | 0.5 | N/A | 0% |
Total | 9.6 | 18.6 | 13.6 | 16.1 | 18.8% |
Top Suppliers of Medicaments Containing Penicillin to South Korea in 2022:
- China (145.4 tons)
- Italy (8.1 tons)
Medicaments Containing Penicillin Exports in South Korea
In 2022, medicaments containing penicillin exports from South Korea surged to 28 tons, jumping by 1,500% against the year before. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, medicaments containing penicillin exports soared to $673K in 2022. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 420% against the previous year. As a result, the exports attained the peak of $1.1M. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Medicaments Containing Penicillin in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 3.9 | 0.9 | 13.8 | 626 | 443.5% |
Colombia | 2.2 | 1.1 | 1.0 | 46.9 | 177.3% |
Qatar | N/A | 21.9 | N/A | N/A | 0% |
Philippines | 190 | N/A | N/A | N/A | 0% |
Belarus | N/A | 309 | 204 | N/A | -34.0% |
Saudi Arabia | N/A | 758 | N/A | N/A | 0% |
Others | 20.7 | 36.4 | 0.2 | N/A | -90.2% |
Total | 217 | 1,127 | 219 | 673 | 45.8% |
Top Export Markets for Medicaments Containing Penicillin from South Korea in 2022:
- Indonesia (27.5 tons)
- Colombia (0.5 tons)
This report provides an in-depth analysis of the medicaments containing penicillin market in Republic of Korea. 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 21201130 - Medicaments containing penicillins or derivatives thereof, with a penicillanic acid structure, or streptomycins or their derivatives, for therapeutic or prophylactic uses, n.p.r.s.
Country coverage:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- 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
-
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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