Price for Antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereof in Canada - 2024

Contents:

  1. Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Canada (CIF) - 2024
  2. Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Canada (FOB) - 2024
  3. Imports of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Canada
  4. Exports of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Canada

Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Canada (CIF) - 2024

The average import price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves stood at $45,704 per ton in September 2023, growing by 10% against the previous month. Over the last eight months, it increased at an average monthly rate of +2.0%. The growth pace was the most rapid in February 2023 an increase of 24% against the previous month. The import price peaked at $50,846 per ton in June 2023; however, from July 2023 to September 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In September 2023, the countries with the highest prices were China ($51,119 per ton) and Spain ($43,873 per ton), while the price for India ($40,278 per ton) and Austria ($41,754 per ton) were amongst the lowest.

From January 2023 to September 2023, the most notable rate of growth in terms of prices was attained by China (+24.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Canada (FOB) - 2024

In September 2023, the average export price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves amounted to $29,639 per ton, dropping by -8% against the previous month. Overall, the export price saw a pronounced setback. The pace of growth appeared the most rapid in February 2023 an increase of 132% m-o-m. The export price peaked at $98,245 per ton in March 2023; however, from April 2023 to September 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Brazil ($97,464 per ton), while the average price for exports to the United States amounted to $25,646 per ton.

From January 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.8%).

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

In 2022, supplies from abroad of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves was finally on the rise to reach 379 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a pronounced curtailment.

In value terms, imports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves soared to $15M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain5.17.35.37.513.7%
China2.41.51.94.321.5%
India0.10.40.41.4141.0%
Austria1.00.90.51.26.3%
United States5.93.70.70.6-53.3%
Others0.50.60.80.2-26.3%
Total15.114.39.615.20.2%

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

  1. Spain (206.2 tons)
  2. China (103.5 tons)
  3. Austria (32.0 tons)
  4. United States (18.1 tons)
  5. India (13.7 tons)

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

In 2022, overseas shipments of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves decreased by -42.2% to 1.5 tons, falling for the second consecutive year after two years of growth. In general, exports faced a significant contraction. The pace of growth appeared the most rapid in 2020 with an increase of 0.5%. As a result, the exports reached the peak of 4.8 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves declined markedly to $156K in 2022. Over the period under review, exports faced a sharp contraction. The smallest decline of -4.6% was in 2020.

Export of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil3.615759.054.5147.4%
United States10470.649.944.4-24.7%
China79.331.923.916.1-41.2%
Germany1.155.950.814.3135.1%
South Korea5.27.915.86.78.8%
Taiwan (Chinese)N/A1.63.03.752.1%
Hong Kong SAR27880.311.01.8-81.4%
India9.160.08.10.5-62.0%
Others30.522.857.214.2-22.5%
Total511488279156-32.7%

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

  1. Brazil (539.0 kg)
  2. United States (373.0 kg)
  3. China (161.0 kg)
  4. Germany (142.0 kg)
  5. South Korea (66.0 kg)
  6. Taiwan (Chinese) (36.0 kg)
  7. Hong Kong SAR (18.0 kg)
  8. India (5.0 kg)

Source: IndexBox Market Intelligence Platform

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