Price for Antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereof in Oman - 2022

Contents:

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

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

In 2022, the average import price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves amounted to $40,183 per ton, with an increase of 116% against the previous year. In general, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Saudi Arabia ($40,191 per ton) and Qatar ($40,185 per ton), while the price for the United Arab Emirates ($39,829 per ton) and China ($40,181 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.5%), 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 Oman (FOB) - 2022

The average export price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves stood at $36,535 per ton in 2022, dropping by -37.7% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 44%. Over the period under review, the average export prices attained the maximum at $58,672 per ton in 2021, and then contracted sharply in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Nepal ($36,541 per ton), while the average price for exports to India amounted to $36,531 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+1.3%), while the prices for the other major destinations experienced a decline.

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

In 2022, supplies from abroad of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves decreased by -62.1% to 31 tons, falling for the second year in a row after two years of growth. In general, imports faced a sharp descent. The pace of growth was the most pronounced in 2020 when imports increased by 118%. As a result, imports reached the peak of 191 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves declined dramatically to $1.2M in 2022. Overall, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 120%. As a result, imports reached the peak of $4.3M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,2603,4447771,082-4.9%
India302N/AN/A65.3-40.0%
Saudi ArabiaN/AN/AN/A35.70%
Qatar0.112.12.332.4586.8%
United Arab Emirates24851126.41.4-82.2%
Thailand28.3344N/AN/A1115.5%
United Kingdom13635.0N/AN/A-74.3%
EgyptN/AN/A697N/A0%
OthersN/A2.69.019.7175.3%
Total1,9754,3491,5111,236-14.5%

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

  1. China (26.9 tons)
  2. India (1.6 tons)
  3. Saudi Arabia (0.9 tons)
  4. Qatar (0.8 tons)

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

In 2022, exports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves from Oman skyrocketed to 2.9 tons, growing by 226% against 2021. In general, exports, however, saw a perceptible downturn.

In value terms, exports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves surged to $106K in 2022. Over the period under review, exports posted a significant increase. As a result, the exports reached 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 Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/A52.561.116.4%
NepalN/AN/AN/A45.40%
Romania31.2N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total31.2N/A52.510650.3%

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

  1. India (1.7 tons)
  2. Nepal (1.2 tons)

Source: IndexBox Market Intelligence Platform

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