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

Contents:

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

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

The average import price for antibiotics; erythromycin and its derivatives; salts thereoves stood at $134,636 per ton in 2022, flattening at the previous year. Overall, the import price, however, continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2018 an increase of 40% against the previous year. Over the period under review, average import prices hit record highs at $160,241 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($210,474 per ton), while the price for Thailand ($100,987 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+61.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for antibiotics; erythromycin and its derivatives; salts thereoves stood at $116,594 per ton in 2022, jumping by 35% against the previous year. Over the period under review, the export price posted a strong increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 46%. Over the period under review, the average export prices attained the peak figure at $148,966 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Belarus amounted to +8.0% per year.

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

In 2022, purchases abroad of antibiotics; erythromycin and its derivatives; salts thereoves decreased by -54% to 12 tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of 79%. As a result, imports reached the peak of 38 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 contracted significantly to $1.7M in 2022. Overall, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 85% against the previous year. As a result, imports attained the peak of $5.4M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.04.52.11.2-15.7%
India0.90.81.40.3-30.7%
FranceN/AN/AN/A0.10%
ThailandN/AN/AN/A0.10%
OthersN/AN/AN/AN/A0%
Total2.95.43.61.7-16.3%

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

  1. China (8.4 tons)
  2. India (2.5 tons)
  3. Thailand (0.9 tons)
  4. France (0.4 tons)

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

Exports of antibiotics; erythromycin and its derivatives; salts thereoves from Russia amounted to 101 kg in 2022, surging by 4.1% compared with 2021 figures. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 254% against the previous year. As a result, the exports reached the peak of 177 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of antibiotics; erythromycin and its derivatives; salts thereoves skyrocketed to $12K in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 307% against the previous year. As a result, the exports reached the peak of $22K. 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 Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A11.80%
KazakhstanN/AN/A3.0N/A0%
Belarus5.417.4N/AN/A222.2%
KyrgyzstanN/A4.45.4N/A22.7%
OthersN/A0.1N/AN/A0%
Total5.422.08.411.829.8%

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

  1. India (100.0 kg)

Source: IndexBox Market Intelligence Platform

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