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

Contents:

  1. Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Mexico (CIF) - 2023
  2. Imports of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Mexico

Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Mexico (CIF) - 2023

The average import price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves stood at $40,161 per ton in August 2023, which is down by -6.5% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 18% month-to-month. Over the period under review, average import prices hit record highs at $44,748 per ton in January 2023; however, from February 2023 to August 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From December 2022 to August 2023, the rate of growth in terms of prices for China amounted to +0.5% per month.

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

Imports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves into Mexico surged to 391 tons in 2022, increasing by 20% against the previous year. In general, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves surged to $14M in 2022. Overall, total imports indicated slight growth from 2019 to 2022: its value increased at an average annual rate of +1.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.28.09.513.814.5%
Spain1.21.4N/A0.4-30.7%
India1.41.2N/AN/A-14.3%
Italy1.7N/AN/AN/A0%
OthersN/A0.10.1N/A0.0%
Total13.510.79.614.21.7%

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

  1. China (378.9 tons)
  2. Spain (11.7 tons)

Source: IndexBox Market Intelligence Platform

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