Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Colombia - 2022

Contents:

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

Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Colombia (CIF) - 2022

In 2022, the average import price for antibiotics; tetracyclines and their derivatives; salts thereoves amounted to $6,692 per ton, falling by -10.4% against the previous year. Over the period under review, the import price showed a mild decline. The pace of growth was the most pronounced in 2014 when the average import price increased by 94% against the previous year. As a result, import price reached the peak level of $12,025 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -0.6% per year.

Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Colombia (FOB) - 2022

The average export price for antibiotics; tetracyclines and their derivatives; salts thereoves stood at $66,849 per ton in 2022, rising by 3.1% against the previous year. In general, the export price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 an increase of 70%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($457,667 per ton), while the average price for exports to Mexico ($33,363 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 Ecuador (+24.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Colombia

In 2022, imports of antibiotics; tetracyclines and their derivatives; salts thereoves into Colombia soared to 1.4K tons, rising by 48% against the year before. Overall, imports, however, saw a mild contraction.

In value terms, imports of antibiotics; tetracyclines and their derivatives; salts thereoves skyrocketed to $9.3M in 2022. In general, imports, however, continue to indicate a drastic downturn.

Import of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11.45.96.28.7-8.6%
Others0.90.60.90.6-12.6%
Total12.26.57.09.3-8.7%

Top Suppliers of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof to Colombia in 2022:

  1. China (1383.6 tons)

Exports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Colombia

For the third year in a row, Colombia recorded decline in shipments abroad of antibiotics; tetracyclines and their derivatives; salts thereoves, which decreased by -38.1% to 1.6 tons in 2022. Overall, exports continue to indicate a precipitous curtailment. The smallest decline of -20.8% was in 2020.

In value terms, exports of antibiotics; tetracyclines and their derivatives; salts thereoves contracted rapidly to $106K in 2022. In general, exports saw a dramatic shrinkage. The smallest decline of -20.1% was in 2020.

Export of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15712751.556.9-28.7%
Mexico73.358.784.637.7-19.9%
Costa Rica17.612.315.66.1-29.8%
Venezuela9.77.09.13.7-27.5%
Others3.83.05.51.7-23.5%
Total261208166106-25.9%

Top Export Markets for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof from Colombia in 2022:

  1. Mexico (1131.0 kg)
  2. China (251.0 kg)
  3. Costa Rica (134.0 kg)
  4. Venezuela (65.0 kg)

Source: IndexBox Market Intelligence Platform

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