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

Contents:

  1. Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Mexico (CIF) - 2023
  2. Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Mexico (FOB) - 2022
  3. Imports of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Mexico
  4. Exports of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Mexico

Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Mexico (CIF) - 2023

The average import price for antibiotics; streptomycins and their derivatives; salts thereoves stood at $23,628 per ton in November 2023, falling by -1.8% against the previous month. Overall, the import price showed a slight slump. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 16% month-to-month. The import price peaked at $27,630 per ton in November 2022; however, from December 2022 to November 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From November 2022 to November 2023, the rate of growth in terms of prices for China amounted to -1.3% per month.

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

The average export price for antibiotics; streptomycins and their derivatives; salts thereoves stood at $134,165 per ton in 2022, with an increase of 9.6% against the previous year. In general, the export price enjoyed a strong expansion. The pace of growth was the most pronounced in 2017 an increase of 380% against the previous year. As a result, the export price reached the peak level of $192,212 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($119,393 per ton), while the average price for exports to Honduras amounted to $21,714 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+18.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, supplies from abroad of antibiotics; streptomycins and their derivatives; salts thereoves decreased by -33% to 56 tons, falling for the second consecutive year after two years of growth. In general, imports faced a abrupt decline. The growth pace was the most rapid in 2020 with an increase of 5.1% against the previous year. As a result, imports attained the peak of 103 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of antibiotics; streptomycins and their derivatives; salts thereoves fell significantly to $1.6M in 2022. Overall, imports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 4%. As a result, imports reached the peak of $2.4M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.02.11.61.6-7.2%
Netherlands0.20.20.2N/A0.0%
Others0.10.10.1N/A0.0%
Total2.32.41.91.6-11.4%

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

  1. China (56.3 tons)

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

In 2022, the amount of antibiotics; streptomycins and their derivatives; salts thereoves exported from Mexico shrank to 1.4 tons, dropping by -7.2% against the year before. In general, exports saw a abrupt slump.

In value terms, exports of antibiotics; streptomycins and their derivatives; salts thereoves rose slightly to $194K in 2022. The total export value increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 1.6%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala1521591641703.8%
Others32.529.426.523.9-9.7%
Total1851881911941.6%

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

  1. Guatemala (1426.0 kg)

Source: IndexBox Market Intelligence Platform

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