Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Canada - 2024

Contents:

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

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

In 2022, the average import price for antibiotics; erythromycin and its derivatives; salts thereoves amounted to $102,612 per ton, declining by -30.1% against the previous year. In general, the import price showed a deep downturn. The pace of growth was the most pronounced in 2020 an increase of 32% against the previous year. The import price peaked at $302,349 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Israel ($351,778 per ton), while the price for the United States ($55,858 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for antibiotics; erythromycin and its derivatives; salts thereoves amounted to $153,519 per ton, picking up by 5.1% against the previous year. Overall, the export price, however, recorded a pronounced curtailment. The pace of growth was the most pronounced in 2017 an increase of 42%. The export price peaked at $288,032 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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 the United States ($397,350 per ton), while the average price for exports to Hong Kong SAR ($131,500 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 the United States (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, purchases abroad of antibiotics; erythromycin and its derivatives; salts thereoves decreased by -46.4% to 3.8 tons, falling for the second year in a row after two years of growth. Over the period under review, imports faced a precipitous descent. The growth pace was the most rapid in 2020 with an increase of 50% against the previous year. As a result, imports attained the peak of 13 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of antibiotics; erythromycin and its derivatives; salts thereoves fell significantly to $388K in 2022. In general, imports recorded a sharp contraction. The most prominent rate of growth was recorded in 2020 with an increase of 99%. As a result, imports reached the peak of $1.5M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia72.20.20.214325.6%
United States359418258102-34.3%
China14797934184.5-16.9%
India13910542949.9-28.9%
Others53.527.67.68.7-45.4%
Total7711,5301,035388-20.5%

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

  1. United States (1820.0 kg)
  2. Malaysia (1254.0 kg)
  3. China (479.0 kg)
  4. India (176.0 kg)

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

In 2022, approx. 1.1 tons of antibiotics; erythromycin and its derivatives; salts thereoves were exported from Canada; waning by -44.6% on 2021. Overall, exports continue to indicate a sharp reduction. The smallest decline of -10.7% was in 2020.

In value terms, exports of antibiotics; erythromycin and its derivatives; salts thereoves contracted markedly to $166K in 2022. In general, exports recorded a dramatic contraction. The smallest decline of -4.3% was in 2021.

Export of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China74.249.655.837.9-20.1%
Brazil1231041.535.6-33.9%
United States23.940.645.531.810.0%
Germany5.621.265.421.356.1%
IrelandN/AN/A10.113.028.7%
South KoreaN/A4.311.15.513.1%
Russia1.08.831.94.261.3%
ThailandN/A1.10.33.270.6%
Hong Kong SAR81.928.96.31.1-76.2%
IndiaN/A7.711.6N/A50.6%
Others32.331.045.412.3-27.5%
Total342298285166-21.4%

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

  1. China (284.0 kg)
  2. Brazil (263.0 kg)
  3. Germany (160.0 kg)
  4. Ireland (97.0 kg)
  5. United States (80.0 kg)
  6. South Korea (41.0 kg)
  7. Russia (31.0 kg)
  8. Thailand (24.0 kg)
  9. Hong Kong SAR (8.0 kg)

Source: IndexBox Market Intelligence Platform

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