Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Iran - 2022

Contents:

  1. Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Iran (CIF) - 2022
  2. Imports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Iran

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

The average import price for antibiotics; erythromycin and its derivatives; salts thereoves stood at $135,775 per ton in 2022, picking up by 4.2% against the previous year. Overall, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for antibiotics; erythromycin and its derivatives; salts thereoves increased by +82.0% against 2016 indices. The most prominent rate of growth was recorded in 2021 an increase of 47%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($392,111 per ton), while the price for the United Arab Emirates ($65,072 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, imports of antibiotics; erythromycin and its derivatives; salts thereoves into Iran reduced rapidly to 80 tons, which is down by -77.9% compared with the previous year. Overall, imports recorded a dramatic contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 48% against the previous year. As a result, imports attained the peak of 362 tons, and then shrank markedly in the following year.

In value terms, imports of antibiotics; erythromycin and its derivatives; salts thereoves dropped remarkably to $11M in 2022. In general, imports saw a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 117%. As a result, imports attained the peak of $47M, and then dropped dramatically in the following year.

Import of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China29.815.537.96.1-41.1%
India4.83.43.11.5-32.1%
Switzerland1.60.52.31.3-6.7%
Turkey0.11.01.91.1122.4%
Spain0.40.40.70.40.0%
United Arab Emirates0.10.60.20.226.0%
Others0.30.31.10.2-12.6%
Total37.021.747.110.8-33.7%

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

  1. China (50.1 tons)
  2. India (9.8 tons)
  3. Turkey (8.9 tons)
  4. Switzerland (3.3 tons)
  5. Spain (3.2 tons)
  6. United Arab Emirates (3.0 tons)

Source: IndexBox Market Intelligence Platform

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