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

Contents:

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

Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Australia (CIF) - 2022

In 2022, the average import price for antibiotics; erythromycin and its derivatives; salts thereoves amounted to $198,359 per ton, jumping by 19% against the previous year. In general, the import price, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2014 an increase of 31%. As a result, import price reached the peak level of $812,407 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Spain ($198,704 per ton) and China ($198,423 per ton), while the price for India ($197,676 per ton) and Hong Kong SAR ($198,335 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for antibiotics; erythromycin and its derivatives; salts thereoves stood at $47,500 per ton in 2022, falling by -94.8% against the previous year. In general, the export price continues to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2019 an increase of 238% against the previous year. As a result, the export price attained the peak level of $1,326,420 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +54.1% per year.

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

In 2022, overseas purchases of antibiotics; erythromycin and its derivatives; salts thereoves decreased by -30.3% to 5.2 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 271% against the previous year. As a result, imports reached the peak of 10 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of antibiotics; erythromycin and its derivatives; salts thereoves dropped significantly to $1M in 2022. In general, imports, however, posted significant growth. The growth pace was the most rapid in 2020 with an increase of 219% against the previous year. As a result, imports reached the peak of $1.5M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China47.57821,117836160.1%
Hong Kong SARN/AN/A10413025.0%
Spain94.2N/AN/A58.4-14.7%
Macao SARN/A485N/AN/A0%
United States312262N/AN/A-16.0%
Others26.22.836.514.7-17.5%
Total4801,5311,2571,04029.4%

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

  1. China (4.2 tons)
  2. Hong Kong SAR (0.7 tons)
  3. Spain (0.3 tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of antibiotics; erythromycin and its derivatives; salts thereoves, when their volume decreased by -99.8% to 2 kg. Overall, exports faced a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 8.3%. As a result, the exports reached the peak of 1.2 tons, and then contracted notably in the following year.

In value terms, exports of antibiotics; erythromycin and its derivatives; salts thereoves reduced remarkably to $95 in 2022. Over the period under review, exports showed a dramatic decrease. The pace of growth was the most pronounced in 2021 when exports increased by 17%.

Export of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SingaporeN/AN/AN/A0.10%
United States1,3959001,022N/A-14.4%
Others0.30.334.4N/A970.8%
Total1,3959011,0560.1-95.8%

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

  1. Singapore (2.0 kg)

Source: IndexBox Market Intelligence Platform

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