Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Nepal - 2022

Contents:

  1. Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Nepal (CIF) - 2022
  2. Imports of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Nepal

Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Nepal (CIF) - 2022

The average import price for antibiotics; chloramphenicol and its derivatives; salts thereoves stood at $92,363 per ton in 2022, picking up by 24% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +7.3% 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; chloramphenicol and its derivatives; salts thereoves increased by +41.1% against 2019 indices. The most prominent rate of growth was recorded in 2015 an increase of 45%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($96,080 per ton), while the price for India totaled $91,612 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.7%).

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

Imports of antibiotics; chloramphenicol and its derivatives; salts thereoves into Nepal reduced to 892 kg in 2022, waning by -6.6% against the previous year. In general, imports recorded a noticeable downturn. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year.

In value terms, imports of antibiotics; chloramphenicol and its derivatives; salts thereoves soared to $82K in 2022. The total import value increased at an average annual rate of +8.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 16%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India56.143.340.068.06.6%
China8.417.630.814.419.7%
OthersN/AN/AN/AN/A0%
Total64.560.970.982.48.5%

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

  1. India (742.0 kg)
  2. China (150.0 kg)

Source: IndexBox Market Intelligence Platform

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