Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in India - 2023
Contents:
- Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in India (CIF) - 2023
- Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in India (FOB) - 2022
- Imports of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in India
- Exports of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in India
Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in India (CIF) - 2023
The average import price for antibiotics; chloramphenicol and its derivatives; salts thereoves stood at $79,937 per ton in November 2023, with an increase of 363% against the previous month. In general, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($707K per ton), while the price for China totaled $69,064 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Spain (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in India (FOB) - 2022
The average export price for antibiotics; chloramphenicol and its derivatives; salts thereoves stood at $94,110 per ton in 2022, with an increase of 36% against the previous year. Over the period under review, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for antibiotics; chloramphenicol and its derivatives; salts thereoves increased by +51.7% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($136,102 per ton), while the average price for exports to Kenya ($71,276 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 Mozambique (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in India
For the fourth year in a row, India recorded growth in purchases abroad of antibiotics; chloramphenicol and its derivatives; salts thereoves, which increased by 14% to 103 tons in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 135% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of antibiotics; chloramphenicol and its derivatives; salts thereoves skyrocketed to $7M in 2022. In general, imports saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 145%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.
Import of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 0.9 | 3.8 | 4.9 | 6.8 | 96.2% |
Indonesia | 0.2 | N/A | N/A | 0.1 | -20.6% |
Hong Kong SAR | 0.4 | 0.1 | N/A | N/A | -75.0% |
Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
Total | 1.6 | 4.0 | 5.0 | 7.0 | 63.6% |
Top Suppliers of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof to India in 2022:
- China (100.5 tons)
- Indonesia (2.7 tons)
Exports of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in India
In 2022, overseas shipments of antibiotics; chloramphenicol and its derivatives; salts thereoves decreased by -38.5% to 31 tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 77%. As a result, the exports attained the peak of 59 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of antibiotics; chloramphenicol and its derivatives; salts thereoves plummeted to $2.9M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +9.9% 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 decreased by -20.2% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 66% against the previous year. As a result, the exports attained the peak of $3.6M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
Export of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Tanzania | 97.9 | 551 | 513 | 573 | 80.2% |
China | 209 | 100 | 233 | 353 | 19.1% |
United States | 15.9 | 96.5 | 313 | 307 | 168.3% |
Democratic Republic of the Congo | 195 | 133 | 75.6 | 249 | 8.5% |
Mexico | 127 | 121 | 80.7 | 189 | 14.2% |
Bangladesh | 71.0 | 95.9 | 74.0 | 151 | 28.6% |
Mozambique | N/A | 315 | 292 | 139 | -33.6% |
Ghana | 65.8 | 502 | 505 | 103 | 16.1% |
Pakistan | 185 | 14.9 | 111 | 66.3 | -29.0% |
Nepal | 95.7 | 42.6 | 34.7 | 65.8 | -11.7% |
Paraguay | 34.9 | 30.4 | 6.7 | 64.7 | 22.8% |
Kenya | 183 | 223 | 177 | 63.8 | -29.6% |
Indonesia | 284 | 903 | 277 | 27.2 | -54.2% |
Others | 626 | 516 | 793 | 558 | -3.8% |
Total | 2,190 | 3,646 | 3,487 | 2,910 | 9.9% |
Top Export Markets for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof from India in 2022:
- Tanzania (6.0 tons)
- China (4.2 tons)
- Democratic Republic of the Congo (3.2 tons)
- United States (2.6 tons)
- Mexico (2.0 tons)
- Mozambique (1.6 tons)
- Ghana (1.3 tons)
- Bangladesh (1.1 tons)
- Pakistan (0.9 tons)
- Paraguay (0.9 tons)
- Kenya (0.9 tons)
- Nepal (0.7 tons)
- Indonesia (0.2 tons)
This report provides an in-depth analysis of the antibiotic market in India.
This report provides an in-depth analysis of the global antibiotic market.
This report provides an in-depth analysis of the antibiotic market in India.
This report provides an in-depth analysis of the global antibiotic market.
Imports of Antibiotics reached their peak and are expected to keep growing in the near future, with a value of $1.9B in 2023.
In November of 2022, the price for antibiotics clicked in at $66.3 per kg (CIF, India) - up 14% from the prior month.
Discover the latest trends in the global antibiotics market and learn about the projected growth expected over the next seven years. By 2030, the market is forecasted to reach 211K tons in volume and $21B in value, driven by increasing demand worldwide.
Discover the top import markets for antibiotics across the world, including India, Italy, Germany, and the United States. Gain insights into key statistics and market dynamics in these countries. IndexBox Market Intelligence platform provides accurate and up-to-date data for informed decision-making.
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Imports of Antibiotics reached their peak and are expected to keep growing in the near future, with a value of $1.9B in 2023.