Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Argentina - 2023

Contents:

1. Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Argentina (CIF) - 2022
2. Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Argentina (FOB) - 2022
3. Imports of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Argentina
4. Exports of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Argentina

Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Argentina (CIF) - 2022

In 2022, the average import price for antibiotics; streptomycins and their derivatives; salts thereoves amounted to $54,088 per ton, rising by 18% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for antibiotics; streptomycins and their derivatives; salts thereoves increased by +87.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 33% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($131,635 per ton), while the price for China totaled $43,112 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Argentina (FOB) - 2022

In 2022, the average export price for antibiotics; streptomycins and their derivatives; salts thereoves amounted to $59,216 per ton, with a decrease of -2% against the previous year. In general, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for antibiotics; streptomycins and their derivatives; salts thereoves increased by +66.6% against 2017 indices. The pace of growth appeared the most rapid in 2018 an increase of 38% against the previous year. Over the period under review, the average export prices attained the peak figure at $60,409 per ton in 2021, and then fell modestly in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($63,000 per ton), while the average price for exports to El Salvador ($56,200 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 Uruguay (+24.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Argentina

In 2022, the amount of antibiotics; streptomycins and their derivatives; salts thereoves imported into Argentina reduced rapidly to 16 tons, which is down by -35.3% compared with the previous year's figure. Overall, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 16%.

In value terms, imports of antibiotics; streptomycins and their derivatives; salts thereoves declined notably to $884K in 2022. In general, imports showed a mild downturn. The pace of growth was the most pronounced in 2021 with an increase of 39%. As a result, imports reached the peak of $1.2M, and then shrank notably in the following year.

Top Suppliers of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof to Argentina in 2022:

1. China (14.3 tons)
2. Japan (2.0 tons)

Exports of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Argentina

Exports of antibiotics; streptomycins and their derivatives; salts thereoves from Argentina surged to 51 kg in 2022, rising by 16% against the year before. The total export volume increased at an average annual rate of +12.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of antibiotics; streptomycins and their derivatives; salts thereoves rose significantly to $3K in 2022. The total export value increased at an average annual rate of +13.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 14%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

Top Export Markets for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof from Argentina in 2022:

1. Bolivia (37.0 kg)
2. El Salvador (10.0 kg)
3. Uruguay (4.0 kg)

Source: IndexBox Market Intelligence Platform