Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Chile - 2024

Contents:

  1. Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Chile (CIF) - 2024
  2. Imports of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Chile

Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Chile (CIF) - 2024

In January 2024, the average import price for antibiotics; chloramphenicol and its derivatives; salts thereoves amounted to $26,654 per ton, surging by 7.8% against the previous month. Overall, the import price, however, recorded a abrupt decline. The pace of growth was the most pronounced in April 2023 an increase of 3,823% month-to-month. As a result, import price attained the peak level of $2,265 per kg. From May 2023 to January 2024, 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 January 2023 to January 2024, the rate of growth in terms of prices for China amounted to -5.5% per month.

Imports of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Chile

In 2022, the amount of antibiotics; chloramphenicol and its derivatives; salts thereoves imported into Chile surged to 504 tons, increasing by 34% compared with the previous year. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +19.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.2% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 70%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of antibiotics; chloramphenicol and its derivatives; salts thereoves skyrocketed to $36M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +27.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +107.7% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 65% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Import of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China17.128.327.935.627.7%
OthersN/A0.1N/AN/A0%
Total17.228.327.935.727.6%

Top Suppliers of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof to Chile in 2022:

  1. China (503.6 tons)

Source: IndexBox Market Intelligence Platform

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