Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Ghana - 2023

Contents:

  1. Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Ghana (CIF) - 2022
  2. Imports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Ghana

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

In 2022, the average import price for antibiotics; tetracyclines and their derivatives; salts thereoves amounted to $21,372 per ton, leveling off at the previous year. In general, the import price recorded tangible growth. The growth pace was the most rapid in 2018 when the average import price increased by 42% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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 China ($21,938 per ton), while the price for the UK stood at $6,515 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.3%).

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

In 2022, after two years of decline, there was significant decline in overseas purchases of antibiotics; tetracyclines and their derivatives; salts thereoves, when their volume decreased by -22.9% to 196 tons. Overall, imports showed a abrupt descent.

In value terms, imports of antibiotics; tetracyclines and their derivatives; salts thereoves dropped sharply to $4.2M in 2022. In general, imports recorded a pronounced decline.

Import of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Ghana (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.4N/A5.13.9-3.9%
United KingdomN/AN/A0.10.10.0%
Others0.2N/A0.30.20.0%
Total4.6N/A5.44.2-3.0%

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

  1. China (176.5 tons)
  2. United Kingdom (13.6 tons)

Source: IndexBox Market Intelligence Platform

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