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

Contents:

  1. Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in South Africa (CIF) - 2024
  2. Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in South Africa (FOB) - 2022
  3. Imports of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in South Africa
  4. Exports of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in South Africa

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

In July 2023, the average import price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves amounted to $25,268 per ton, which is down by -53% against the previous month. Overall, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 50% against the previous month. Over the period under review, average import prices attained the maximum at $61,822 per ton in February 2023; however, from March 2023 to July 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was China ($34,407 per ton), while the price for India totaled $19,216 per ton.

From January 2023 to July 2023, the most notable rate of growth in terms of prices was attained by China (-8.1%).

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

In 2022, the average export price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves amounted to $7,250 per ton, shrinking by -75.2% against the previous year. Over the period under review, the export price showed a deep setback. The most prominent rate of growth was recorded in 2019 an increase of 485%. As a result, the export price attained the peak level of $63,899 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Zimbabwe ($56,488 per ton), while the average price for exports to Zambia ($2,852 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 Zimbabwe (+21.6%), 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 South Africa

In 2022, supplies from abroad of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves decreased by -4.7% to 239 tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 32%. As a result, imports reached the peak of 375 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 skyrocketed to $9.3M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 47% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Import of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India4.36.96.57.922.5%
China0.70.61.11.322.9%
Others0.1N/AN/AN/A0%
Total5.17.57.79.322.2%

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

  1. India (209.9 tons)
  2. China (27.8 tons)

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

In 2022, approx. 5.5 tons of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves were exported from South Africa; growing by 3.6% compared with 2021. Overall, exports enjoyed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 1,156%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves fell notably to $40K in 2022. Over the period under review, exports posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 594%.

Export of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Namibia0.234.7N/A16.1331.8%
ZambiaN/AN/AN/A12.30%
Lesotho0.2N/AN/A6.1212.4%
Swaziland0.8N/A1.02.750.0%
Botswana13.55.543.8N/A80.1%
GuatemalaN/AN/A111N/A0%
OthersN/A60.9N/A2.8-78.6%
Total14.610115640.140.0%

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

  1. Zambia (4307.0 kg)
  2. Namibia (811.0 kg)
  3. Lesotho (201.0 kg)
  4. Swaziland (161.0 kg)
  5. Botswana (1.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
South Africa Experiences 12% Surge in Antibiotic Costs, Averaging $13.7 per kg
Aug 15, 2023
Eye 423

In May 2023, the price of the Antibiotic was $13,674 per ton (CIF, South Africa), representing a 12% increase compared to the previous month.

Import Markets for Antibiotics: Key Statistics and Market Dynamics
Dec 19, 2023
Eye 290

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.

Which Country Imports the Most Antibiotics in the World?
May 28, 2018
Eye 642

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...

Which Country Exports the Most Antibiotics in the World?
May 28, 2018
Eye 1530

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...

Antibiotics Market - China and India Advanced on the Global Antibiotics Market
Oct 24, 2016
Eye 2732

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

China’s Exports of Antibiotics Keep Rising, So Do Antibiotic Resistance Issues
Aug 6, 2015
Eye 1414

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

Switzerland’s Exports of Antibiotics Shrunk by 23% in 2014
Jul 13, 2015
Eye 960

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

South Africa Experiences 12% Surge in Antibiotic Costs, Averaging $13.7 per kg
Aug 15, 2023
Eye 423

In May 2023, the price of the Antibiotic was $13,674 per ton (CIF, South Africa), representing a 12% increase compared to the previous month.

Import Markets for Antibiotics: Key Statistics and Market Dynamics
Dec 19, 2023
Eye 290

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.

Which Country Imports the Most Antibiotics in the World?
May 28, 2018
Eye 642

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...

Free Data: Antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereof - South Africa