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

Contents:

  1. Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Turkey (CIF) - 2024
  2. Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Turkey (FOB) - 2022
  3. Imports of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Turkey
  4. Exports of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Turkey

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

In January 2024, the average import price for antibiotics; chloramphenicol and its derivatives; salts thereoves amounted to $27,475 per ton, dropping by -36.8% against the previous month. Over the period under review, the import price showed a abrupt slump. The growth pace was the most rapid in December 2023 when the average import price increased by 36% month-to-month. Over the period under review, average import prices attained the maximum at $59,337 per ton in May 2023; however, from June 2023 to January 2024, import prices stood at a somewhat 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 -5.9% per month.

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

The average export price for antibiotics; chloramphenicol and its derivatives; salts thereoves stood at $87,678 per ton in 2022, surging by 54% against the previous year. Overall, the export price enjoyed a slight expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 216% against the previous year. The export price peaked at $102,500 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

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 Russia ($91,470 per ton), while the average price for exports to Albania totaled $30,591 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Albania (+3.6%).

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

In 2022, imports of antibiotics; chloramphenicol and its derivatives; salts thereoves into Turkey soared to 170 tons, with an increase of 138% compared with 2021 figures. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of antibiotics; chloramphenicol and its derivatives; salts thereoves skyrocketed to $12M in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.67.65.012.330.0%
OthersN/AN/AN/AN/A0%
Total5.67.65.112.430.3%

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

  1. China (169.3 tons)

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

In 2022, approx. 351 kg of antibiotics; chloramphenicol and its derivatives; salts thereoves were exported from Turkey; growing by 8,675% against the previous year's figure. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of antibiotics; chloramphenicol and its derivatives; salts thereoves soared to $31K in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/AN/A30.00%
AlbaniaN/AN/AN/A0.70%
Others0.4N/A0.20.1-37.0%
Total0.4N/A0.230.8325.4%

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

  1. Russia (328.0 kg)
  2. Albania (22.0 kg)

Source: IndexBox Market Intelligence Platform

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