Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Argentina - 2023

Contents:

  1. Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Argentina (CIF) - 2023
  2. Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Argentina (FOB) - 2022
  3. Imports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Argentina
  4. Exports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Argentina

Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Argentina (CIF) - 2023

In June 2023, the average import price for antibiotics; erythromycin and its derivatives; salts thereoves amounted to $254K per ton, waning by -73.4% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 281% against the previous month. As a result, import price reached the peak level of $954K per ton, and then dropped significantly in the following month.

Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was India ($323K per ton), while the price for China ($241K per ton) was amongst the lowest.

From December 2022 to June 2023, the most notable rate of growth in terms of prices was attained by India (+6.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Argentina (FOB) - 2022

In 2022, the average export price for antibiotics; erythromycin and its derivatives; salts thereoves amounted to $440,590 per ton, with an increase of 1,277% against the previous year. Overall, the export price recorded a modest expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Ecuador.

From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to +2.5% per year.

Imports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Argentina

In 2022, the amount of antibiotics; erythromycin and its derivatives; salts thereoves imported into Argentina skyrocketed to 27 tons, growing by 30% against the previous year's figure. The total import volume increased at an average annual rate of +6.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of antibiotics; erythromycin and its derivatives; salts thereoves soared to $6.5M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +16.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.83.43.15.021.3%
United States0.70.40.31.116.3%
India0.50.30.40.3-15.7%
Spain0.10.10.10.10.0%
Others0.10.10.2N/A41.4%
Total4.14.34.06.516.6%

Top Suppliers of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof to Argentina in 2022:

  1. China (20.4 tons)
  2. United States (4.3 tons)
  3. India (2.0 tons)
  4. Spain (0.3 tons)

Exports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Argentina

Exports of antibiotics; erythromycin and its derivatives; salts thereoves from Argentina soared to 239 kg in 2022, growing by 23,800% compared with 2021 figures. In general, exports, however, saw a precipitous setback.

In value terms, exports of antibiotics; erythromycin and its derivatives; salts thereoves surged to $105K in 2022. Overall, exports, however, continue to indicate a deep slump.

Export of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador107108N/A105-0.6%
Colombia97.498.8N/AN/A1.4%
OthersN/AN/AN/AN/A0%
Total205207N/A105-20.0%

Top Export Markets for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof from Argentina in 2022:

  1. Ecuador (238.0 kg)

Source: IndexBox Market Intelligence Platform

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