Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Hong Kong SAR - 2022

Contents:

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

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

The average export price for antibiotics; streptomycins and their derivatives; salts thereoves stood at $30,416 per ton in 2022, approximately mirroring the previous year. Overall, the export price continues to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2014 when the average export price increased by 11% against the previous year. Over the period under review, the average export prices attained the peak figure at $41,717 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($117,696 per ton), while the average price for exports to India ($15,868 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 the United States (+11.3%), while the prices for the other major destinations experienced a decline.

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

The average import price for antibiotics; streptomycins and their derivatives; salts thereoves stood at $63,333 per ton in 2022, reducing by -11.2% against the previous year. In general, the import price, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 62%. The import price peaked at $71,289 per ton in 2021, and then declined in the following year.

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 the United States ($481,000 per ton), while the price for Belgium ($4,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+30.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Hong Kong SAR

In 2022, exports of antibiotics; streptomycins and their derivatives; salts thereoves from Hong Kong SAR totaled 2.4 tons, flattening at the year before. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 659%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of antibiotics; streptomycins and their derivatives; salts thereoves amounted to $73K in 2022. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 660%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the near future.

Export of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand16.34.214.736.731.1%
United States16.23.611.024.014.0%
India3.51.85.411.950.4%
SpainN/AN/A41.1N/A0%
OthersN/AN/AN/AN/A0%
Total36.09.572.372.626.3%

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

  1. New Zealand (1435.0 kg)
  2. India (749.0 kg)
  3. United States (204.0 kg)

Imports of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Hong Kong SAR

In 2022, approx. 54 kg of antibiotics; streptomycins and their derivatives; salts thereoves were imported into Hong Kong SAR; declining by -63.8% against the previous year's figure. Over the period under review, imports saw a sharp decrease. The pace of growth was the most pronounced in 2021 with an increase of 140% against the previous year.

In value terms, imports of antibiotics; streptomycins and their derivatives; salts thereoves shrank notably to $3.4K in 2022. In general, imports saw a significant decrease. The pace of growth was the most pronounced in 2021 with an increase of 270%.

Import of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Hong Kong SAR (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6,7371,8386,2922,530-27.9%
United States2,5286942,187481-42.5%
Canada387131327186-21.7%
Netherlands42.076.088.062.013.9%
Singapore2,02019.037260.0-69.0%
India14835.010738.0-36.4%
Belgium8.02.09.04.0-20.6%
Others3,21676.01,24059.0-73.6%
Total15,0862,87110,6223,420-39.0%

Top Suppliers of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof to Hong Kong SAR in 2022:

  1. China (45.0 kg)
  2. Canada (3.0 kg)
  3. Netherlands (1.0 kg)
  4. Singapore (1.0 kg)
  5. India (1.0 kg)
  6. United States (1.0 kg)
  7. Belgium (1.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Antibiotics; streptomycins and their derivatives; salts thereof - Hong Kong SAR