Price for Antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereof in Australia - 2023

Contents:

  1. Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Australia (CIF) - 2022
  2. Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Australia (FOB) - 2022
  3. Imports of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Australia
  4. Exports of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Australia

Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Australia (CIF) - 2022

In 2022, the average import price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves amounted to $40,362 per ton, surging by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.9%. The most prominent rate of growth was recorded in 2017 an increase of 46%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were France ($40,367 per ton) and China ($40,363 per ton), while the price for the UK ($40,361 per ton) and India ($40,362 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Australia (FOB) - 2022

In 2022, the average export price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves amounted to $712,053 per ton, with an increase of 439% against the previous year. Over the period under review, the export price recorded a remarkable increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by 1,055%. The export price peaked in 2022 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 Trinidad and Tobago ($9,244,400 per ton), while the average price for exports to the United States ($84,567 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 Trinidad and Tobago (+1,155.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Australia

In 2022, supplies from abroad of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves decreased by -25% to 61 tons, falling for the second consecutive year after two years of growth. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +9.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -25.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 76% against the previous year. As a result, imports reached the peak of 81 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves declined to $2.4M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 72%.

Import of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,2471,9422,5001,88914.8%
India11125219929738.8%
United Kingdom66.23311.316034.2%
FranceN/AN/AN/A62.50%
Spain75.617371.3N/A-2.9%
Others11382.938.136.4-31.4%
Total1,6122,7812,8092,44514.9%

Top Suppliers of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof to Australia in 2022:

  1. China (46.8 tons)
  2. India (7.4 tons)
  3. United Kingdom (4.0 tons)
  4. France (1.5 tons)

Exports of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Australia

In 2022, exports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves from Australia skyrocketed to 75 kg, growing by 168% compared with the previous year's figure. In general, exports recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 408% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves surged to $53K in 2022. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Trinidad and TobagoN/A3.4N/A46.2268.6%
United StatesN/AN/AN/A5.10%
Papua New GuineaN/AN/AN/A2.10%
FijiN/AN/A0.1N/A0%
New Zealand3.85.20.1N/A-83.8%
United Kingdom1.9N/AN/AN/A0%
IndonesiaN/AN/A1.8N/A0%
ItalyN/AN/A1.7N/A0%
OthersN/A0.1N/AN/A0%
Total5.78.73.753.4110.8%

Top Export Markets for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof from Australia in 2022:

  1. United States (60.0 kg)
  2. Papua New Guinea (10.0 kg)
  3. Trinidad and Tobago (5.0 kg)

Source: IndexBox Market Intelligence Platform

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