Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in the Dominican Republic - 2023

Contents:

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

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

The average import price for antibiotics; erythromycin and its derivatives; salts thereoves stood at $52,308 per ton in 2022, growing by 10% against the previous year. In general, the import price, however, continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 31%. The import price peaked at $109,380 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($264,182 per ton), while the price for Guatemala ($39,265 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for antibiotics; erythromycin and its derivatives; salts thereoves stood at $146,214 per ton in 2021, therefore, remained relatively stable against the previous year. Over the period under review, the export price continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 478% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($154,250 per ton), while the average price for exports to Guatemala amounted to $98,000 per ton.

From 2016 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+22.9%).

Imports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in the Dominican Republic

In 2022, overseas purchases of antibiotics; erythromycin and its derivatives; salts thereoves decreased by -59.2% to 1.2 tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a dramatic descent. The pace of growth was the most pronounced in 2020 when imports increased by 22%. As a result, imports reached the peak of 3.8 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 contracted significantly to $60K in 2022. Overall, imports showed a dramatic descent. The pace of growth appeared the most rapid in 2020 with an increase of 36%. As a result, imports reached the peak of $161K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala55.769.065.138.4-11.7%
India25.921.525.46.9-35.7%
China19.851.020.04.3-39.9%
Others16.819.523.310.6-14.2%
Total11816113460.3-20.1%

Top Suppliers of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof to the Dominican Republic in 2022:

  1. Guatemala (977.0 kg)
  2. India (123.0 kg)
  3. China (30.0 kg)

Exports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in the Dominican Republic

In 2021, exports of antibiotics; erythromycin and its derivatives; salts thereoves from the Dominican Republic stood at 14 kg, remaining relatively unchanged against the previous year's figure. In general, exports saw significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, exports of antibiotics; erythromycin and its derivatives; salts thereoves amounted to $2K in 2021. Overall, exports showed a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of reached the maximum in 2021 and are likely to see steady growth in the near future.

Export of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in the Dominican Republic (USD)
COUNTRY201920202021CAGR,
2019-2021
ColombiaN/AN/A1,8510%
GuatemalaN/AN/A1960%
Haiti495N/AN/A0%
OthersN/AN/AN/A0%
Total495N/A2,047103.4%

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

  1. Colombia (12.0 kg)
  2. Guatemala (2.0 kg)

Source: IndexBox Market Intelligence Platform

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