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

Contents:

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

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

The average import price for antibiotics; erythromycin and its derivatives; salts thereoves stood at $46,159 per ton in April 2023, jumping by 55% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The import price peaked at $57,415 per ton in December 2022; however, from January 2023 to April 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was India ($72,604 per ton), while the price for China ($44,514 per ton) was amongst the lowest.

From August 2022 to April 2023, the most notable rate of growth in terms of prices was attained by Thailand (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for antibiotics; erythromycin and its derivatives; salts thereoves stood at $92,612 per ton in 2022, with an increase of 133% against the previous year. In general, the export price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 146% against the previous year. As a result, the export price attained the peak level of $97,339 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($255,886 per ton), while the average price for exports to Bangladesh ($28,823 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 Switzerland (+41.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, supplies from abroad of antibiotics; erythromycin and its derivatives; salts thereoves was finally on the rise to reach 454 tons after two years of decline. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +13.6% over the last three years. 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.

In value terms, imports of antibiotics; erythromycin and its derivatives; salts thereoves soared to $25M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.3% 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 Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14.414.311.221.313.9%
India2.92.72.82.2-8.8%
Thailand1.51.41.01.0-12.6%
Others0.10.10.1N/A0.0%
Total18.918.515.024.69.2%

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

  1. China (402.9 tons)
  2. India (33.4 tons)
  3. Thailand (17.4 tons)

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

In 2022, approx. 3.5 tons of antibiotics; erythromycin and its derivatives; salts thereoves were exported from Pakistan; with a decrease of -56.6% on the previous year. In general, exports recorded a precipitous decrease. The pace of growth was the most pronounced in 2021 when exports increased by 16%.

In value terms, exports of antibiotics; erythromycin and its derivatives; salts thereoves reached $328K in 2022. Overall, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 47%. As a result, the exports reached the peak of $686K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tunisia29.531014410854.1%
Switzerland89.7160N/A83.2-2.5%
MexicoN/A6.51.669.9227.9%
Bangladesh50.776.739.832.7-13.6%
United Arab Emirates196N/A11622.4-51.5%
YemenN/A25.6N/A8.1-43.8%
Indonesia10.0N/AN/A2.3-38.7%
ChileN/A105N/AN/A0%
China69.7N/AN/AN/A0%
Egypt12.4N/A22.8N/A35.6%
Others7.32.1N/A1.8-37.3%
Total465686325328-11.0%

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

  1. Bangladesh (1133.0 kg)
  2. Tunisia (934.0 kg)
  3. Mexico (565.0 kg)
  4. United Arab Emirates (432.0 kg)
  5. Switzerland (325.0 kg)
  6. Yemen (86.0 kg)
  7. Indonesia (59.0 kg)

Source: IndexBox Market Intelligence Platform

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