Price for Antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereof in India - 2023
Contents:
- Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in India (CIF) - 2023
- Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in India (FOB) - 2023
- Imports of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in India
- Exports of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in India
Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in India (CIF) - 2023
In July 2023, the average import price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves amounted to $41,292 per ton, which is down by -5.5% against the previous month. Over the period under review, the import price continues to indicate a mild decrease. The most prominent rate of growth was recorded in June 2023 an increase of 7.6% month-to-month. Over the period under review, average import prices reached the maximum at $46,688 per ton in December 2022; however, from January 2023 to July 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the country with the highest price was Austria ($48,239 per ton), while the price for Hong Kong SAR ($35,337 per ton) was amongst the lowest.
From November 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Austria (+1.1%), while the prices for the other major suppliers experienced a decline.
Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in India (FOB) - 2023
The average export price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves stood at $46,930 per ton in July 2023, with an increase of 2.8% against the previous month. Over the period from November 2022 to July 2023, it increased at an average monthly rate of +2.4%. The growth pace was the most rapid in May 2023 when the average export price increased by 12% against the previous month. The export price peaked in July 2023.
Prices varied noticeably by the country of destination: the country with the highest price was China ($59,556 per ton), while the average price for exports to Brazil ($31,503 per ton) was amongst the lowest.
From November 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+7.7%), 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 India
For the third consecutive year, India recorded decline in purchases abroad of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves, which decreased by -7.9% to 15K tons in 2022. Overall, imports recorded a abrupt setback. The smallest decline of -0.9% was in 2021.
In value terms, imports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves skyrocketed to $626M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +7.1% 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 increased by +53.8% against 2020 indices. As a result, imports reached 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 India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 450 | 346 | 422 | 551 | 7.0% |
| Austria | 6.5 | 16.0 | 32.6 | 41.1 | 84.9% |
| Others | 52.9 | 45.4 | 31.7 | 34.4 | -13.4% |
| Total | 510 | 407 | 486 | 626 | 7.1% |
Top Suppliers of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof to India in 2022:
- China (13.4K tons)
- Austria (1.1K tons)
Exports of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in India
In 2022, approx. 5.7K tons of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves were exported from India; approximately equating 2021 figures. In general, exports, however, recorded a pronounced descent. The growth pace was the most rapid in 2020 with an increase of 6.4%. As a result, the exports reached the peak of 6.5K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves skyrocketed to $256M in 2022. The total export value increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. 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 India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 40.5 | 43.9 | 51.2 | 70.6 | 20.4% |
| Thailand | 17.5 | 16.1 | 20.4 | 18.9 | 2.6% |
| Brazil | 4.1 | 10.4 | 6.1 | 18.1 | 64.0% |
| Egypt | 26.2 | 27.3 | 16.7 | 18.0 | -11.8% |
| Nigeria | 13.3 | 14.1 | 10.1 | 13.4 | 0.3% |
| Netherlands | 6.8 | 8.6 | 6.4 | 13.3 | 25.1% |
| Vietnam | 10.4 | 12.0 | 9.7 | 11.4 | 3.1% |
| Turkey | 9.6 | 8.7 | 4.6 | 8.8 | -2.9% |
| Indonesia | 8.9 | 10.5 | 5.4 | 7.7 | -4.7% |
| Kenya | 6.3 | 4.8 | 6.6 | 6.5 | 1.0% |
| Bangladesh | 5.0 | 8.0 | 7.5 | 5.9 | 5.7% |
| Malaysia | 3.5 | 3.5 | 2.2 | 4.5 | 8.7% |
| South Korea | 2.6 | 2.2 | 2.0 | 3.9 | 14.5% |
| Others | 64.4 | 59.5 | 48.5 | 55.0 | -5.1% |
| Total | 219 | 229 | 197 | 256 | 5.3% |
Top Export Markets for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof from India in 2022:
- China (1169.5 tons)
- Brazil (537.7 tons)
- Thailand (516.9 tons)
- Egypt (418.2 tons)
- Nigeria (404.8 tons)
- Netherlands (345.6 tons)
- Vietnam (239.1 tons)
- Indonesia (186.5 tons)
- Kenya (182.7 tons)
- Malaysia (119.3 tons)
- Bangladesh (117.5 tons)
- Turkey (102.3 tons)
- South Korea (101.2 tons)
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This report provides an in-depth analysis of the antibiotic market in India.
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This report provides an in-depth analysis of the global antibiotic market.
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This report provides an in-depth analysis of the antibiotic market in India.
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This report provides an in-depth analysis of the global antibiotic market.
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Discover the top import markets for antibiotics across the world, including India, Italy, Germany, and the United States. Gain insights into key statistics and market dynamics in these countries. IndexBox Market Intelligence platform provides accurate and up-to-date data for informed decision-making.
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In 2016, the global antibiotic imports stood at X tons, reducing by -X% against the previous year level. Overall, antibiotic imports continue to indicate a temperate setback. The pace of growt...
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In 2016, the global antibiotic imports stood at X tons, reducing by -X% against the previous year level. Overall, antibiotic imports continue to indicate a temperate setback. The pace of growt...
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The global trade in antibiotics amounted to X million USD in 2015, showing some fluctuations over the period under review. A slight decline in 2009 was followed by a peak in 2011, until exports decreased again. Overall
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China is one of the largest global producers and consumers of antibiotics. In 2014, China exported X% of its total antibiotics output. Of this amount, X% was supplied to India, where Chinese antibiotics held a X% share of total India's consumption
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Switzerland is one of the leaders in the global antibiotics trade. However, in 2014, Switzerland exported X tons of antibiotics totaling X billion USD, a full X% under the previous year. Its primary trading partner was Germany, where it suppli
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Imports of Antibiotics reached their peak and are expected to keep growing in the near future, with a value of $1.9B in 2023.
330
In November of 2022, the price for antibiotics clicked in at $66.3 per kg (CIF, India) - up 14% from the prior month.
