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

Contents:

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

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

In 2022, the average import price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves amounted to $39,374 per ton, reducing by -27.7% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 70% against the previous year. Over the period under review, average import prices attained the maximum at $61,943 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($42,287 per ton), while the price for India totaled $29,596 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+16.0%), 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 Panama (FOB) - 2022

The average export price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves stood at $15,550 per ton in 2022, flattening at the previous year. In general, the export price recorded a measured expansion. The growth pace was the most rapid in 2016 an increase of 3,050%. As a result, the export price attained the peak level of $31,505 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($368,333 per ton), while the average price for exports to Nicaragua ($3,537 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 Costa Rica (+17.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves into Panama surged to 4.6 tons in 2022, growing by 17,692% compared with the previous year's figure. Over the period under review, imports saw a significant expansion. 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 $182K in 2022. Overall, imports showed a significant expansion. 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 Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/A0.214873900.0%
IndiaN/AN/AN/A33.00%
Japan0.20.50.8N/A100.0%
Others0.10.30.50.8100.0%
Total0.40.91.4182669.1%

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

  1. China (3.5 tons)
  2. India (1.1 tons)

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

In 2022, the amount of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves exported from Panama totaled 229 kg, leveling off at the year before. Over the period under review, exports recorded a precipitous decrease. The smallest decline of -88.5% was in 2020.

In value terms, exports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves totaled $3.6K in 2022. Overall, exports recorded a sharp downturn. The smallest decline of -89.2% was in 2020.

Export of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica26.54.2N/A2.2-56.4%
Guatemala16.70.3N/A0.6-67.0%
Jamaica2.00.3N/A0.2-53.6%
Honduras3.80.5N/A0.2-62.5%
Nicaragua7.30.8N/A0.2-69.9%
Venezuela7.20.8N/A0.2-69.7%
Dominican Republic1.60.2N/A0.1-60.3%
Others0.80.1N/AN/A-87.5%
Total66.07.1N/A3.6-62.1%

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

  1. Guatemala (104.0 kg)
  2. Nicaragua (54.0 kg)
  3. Venezuela (37.0 kg)
  4. Jamaica (9.0 kg)
  5. Dominican Republic (9.0 kg)
  6. Honduras (8.0 kg)
  7. Costa Rica (6.0 kg)

Source: IndexBox Market Intelligence Platform

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