Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Singapore - 2023

Contents:

  1. Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Singapore (CIF) - 2022
  2. Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Singapore (FOB) - 2022
  3. Imports of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Singapore
  4. Exports of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Singapore

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

In 2022, the average import price for antibiotics; chloramphenicol and its derivatives; salts thereoves amounted to $31,407 per ton, jumping by 24% against the previous year. In general, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% 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 +33.5% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by 82%. The import price peaked at $42,019 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($60,159 per ton), while the price for China totaled $27,148 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+53.0%).

Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Singapore (FOB) - 2022

The average export price for antibiotics; chloramphenicol and its derivatives; salts thereoves stood at $53,218 per ton in 2022, dropping by -60.6% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 79% against the previous year. The export price peaked at $134,946 per ton in 2021, and then shrank sharply in the following year.

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 Malaysia ($79,629 per ton), while the average price for exports to Thailand ($30,000 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 Indonesia (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, after two years of decline, there was significant growth in purchases abroad of antibiotics; chloramphenicol and its derivatives; salts thereoves, when their volume increased by 490% to 10 tons. Over the period under review, imports, however, saw a abrupt decrease.

In value terms, imports of antibiotics; chloramphenicol and its derivatives; salts thereoves surged to $326K in 2022. Overall, imports, however, saw a deep setback.

Import of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China48212936.6251-19.5%
MalaysiaN/A54.4N/A59.64.7%
South Korea19.5N/AN/AN/A0%
Others4.416.27.915.652.5%
Total50620044.5326-13.6%

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

  1. China (9.2 tons)
  2. Malaysia (1.0 tons)

Exports of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Singapore

After two years of decline, overseas shipments of antibiotics; chloramphenicol and its derivatives; salts thereoves increased by 160% to 478 kg in 2022. Overall, exports, however, faced a sharp shrinkage.

In value terms, exports of antibiotics; chloramphenicol and its derivatives; salts thereoves amounted to $25K in 2022. In general, exports, however, faced a significant decrease.

Export of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia62.61.70.811.7-42.8%
Malaysia11524.913.310.5-55.0%
Italy12.8N/AN/AN/A0%
Others10.97.610.83.2-33.5%
Total20134.224.825.4-49.8%

Top Export Markets for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof from Singapore in 2022:

  1. Indonesia (338.0 kg)
  2. Malaysia (132.0 kg)

Source: IndexBox Market Intelligence Platform

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