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

Contents:

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

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

The average import price for antibiotics; chloramphenicol and its derivatives; salts thereoves stood at $78,001 per ton in 2022, approximately equating the previous year. Over the period under review, the import price, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2021 an increase of 48%. As a result, import price attained the peak level of $78,849 per ton, and then shrank modestly in the following year.

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 China ($78,370 per ton), while the price for South Korea totaled $16,997 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.3%).

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

The average export price for antibiotics; chloramphenicol and its derivatives; salts thereoves stood at $103,751 per ton in 2022, surging by 7.3% against the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.3% 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 +83.2% against 2014 indices. The most prominent rate of growth was recorded in 2018 an increase of 24% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($155,771 per ton), while the average price for exports to Cambodia ($5,521 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 Lao People's Democratic Republic (+12.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of antibiotics; chloramphenicol and its derivatives; salts thereoves into Vietnam amounted to 110 tons, increasing by 6.2% on the previous year's figure. Over the period under review, imports, however, showed a precipitous slump.

In value terms, imports of antibiotics; chloramphenicol and its derivatives; salts thereoves stood at $8.6M in 2022. In general, imports, however, recorded a abrupt setback.

Import of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12.211.68.18.5-11.3%
Others0.20.30.10.1-20.6%
Total12.411.98.28.6-11.5%

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

  1. China (108.5 tons)

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

Exports of antibiotics; chloramphenicol and its derivatives; salts thereoves from Vietnam contracted to 619 kg in 2022, which is down by -11.2% on the year before. Over the period under review, exports faced a drastic downturn.

In value terms, exports of antibiotics; chloramphenicol and its derivatives; salts thereoves fell to $64K in 2022. Overall, exports saw a pronounced curtailment. The smallest decline of -4.7% was in 2020.

Export of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lao People's Democratic Republic46.044.342.540.8-3.9%
China27.225.724.323.0-5.4%
Cambodia1.10.80.50.4-28.6%
OthersN/AN/AN/AN/A0%
Total74.370.867.464.2-4.8%

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

  1. China (286.0 kg)
  2. Lao People's Democratic Republic (262.0 kg)
  3. Cambodia (71.0 kg)

Source: IndexBox Market Intelligence Platform

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