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

Contents:

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

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

The average import price for antibiotics; tetracyclines and their derivatives; salts thereoves stood at $6,736 per ton in 2022, picking up by 34% against the previous year. Over the period under review, the import price posted pronounced growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 91%. The import price peaked at $7,692 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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 Spain ($85,623 per ton), while the price for Mexico ($2,474 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for antibiotics; tetracyclines and their derivatives; salts thereoves amounted to $3,481 per ton, dropping by -19.9% against the previous year. Over the period under review, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when the average export price increased by 97% against the previous year. As a result, the export price attained the peak level of $27,752 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Panama.

From 2012 to 2022, the rate of growth in terms of prices for Guatemala amounted to -3.7% per year.

Imports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Costa Rica

In 2022, the amount of antibiotics; tetracyclines and their derivatives; salts thereoves imported into Costa Rica expanded rapidly to 56 tons, rising by 7.7% compared with the previous year. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 217% against the previous year. As a result, imports reached the peak of 64 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of antibiotics; tetracyclines and their derivatives; salts thereoves surged to $378K in 2022. Over the period under review, imports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 83%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China26.416714516182.7%
Spain4.825.210.777.0152.2%
Guatemala30.513.714.015.5-20.2%
Colombia16.111.210.811.4-10.9%
Panama1.92.23.510.073.9%
Mexico10.77.06.36.2-16.6%
Others64.256.772.796.514.6%
Total15528326337834.6%

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

  1. China (46.4 tons)
  2. Panama (2.7 tons)
  3. Mexico (2.5 tons)
  4. Guatemala (1.4 tons)
  5. Spain (0.9 tons)
  6. Colombia (0.8 tons)

Exports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Costa Rica

For the fourth consecutive year, Costa Rica recorded growth in shipments abroad of antibiotics; tetracyclines and their derivatives; salts thereoves, which increased by 0.3% to 3.4 tons in 2022. The total export volume increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 5.6% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of antibiotics; tetracyclines and their derivatives; salts thereoves shrank notably to $12K in 2022. Overall, exports, however, saw a abrupt decline.

Export of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama23.018.514.811.9-19.7%
OthersN/AN/AN/AN/A0%
Total23.018.514.811.9-19.7%

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

  1. Panama (3.4 tons)

Source: IndexBox Market Intelligence Platform

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