Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Hong Kong SAR - 2023
Contents:
- Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Hong Kong SAR (FOB) - 2022
- Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Hong Kong SAR (CIF) - 2022
- Exports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Hong Kong SAR
- Imports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Hong Kong SAR
Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for antibiotics; tetracyclines and their derivatives; salts thereoves amounted to $81,161 per ton, standing approx. at the previous year. Over the period under review, the export price recorded modest growth. The pace of growth appeared the most rapid in 2014 when the average export price increased by 110% against the previous year. As a result, the export price reached the peak level of $152,560 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
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 the UK ($8,306,500 per ton), while the average price for exports to Australia ($1,666 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 UK (+51.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Hong Kong SAR (CIF) - 2022
The average import price for antibiotics; tetracyclines and their derivatives; salts thereoves stood at $120,800 per ton in 2022, increasing by 8.7% against the previous year. In general, the import price saw a buoyant increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 74% against the previous year. Over the period under review, average import prices attained the peak figure at $161,805 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 India ($198,280 per ton), while the price for Canada ($15,565 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 (+7.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Hong Kong SAR
In 2022, overseas shipments of antibiotics; tetracyclines and their derivatives; salts thereoves decreased by 0% to 1.2 tons, falling for the second year in a row after two years of growth. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 34%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of antibiotics; tetracyclines and their derivatives; salts thereoves totaled $95K in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Hong Kong SAR (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 97.0 | 172 | N/A | 5,060 | 273.6% |
| Canada | 58.0 | 89.0 | N/A | 1,694 | 208.0% |
| Australia | 117 | 151 | N/A | 1,518 | 135.0% |
| China | 56.0 | 84.0 | N/A | 1,459 | 196.5% |
| Mexico | 54.0 | 66.0 | N/A | 645 | 128.6% |
| Others | 6,371 | 7,906 | N/A | 84,176 | 136.4% |
| Total | 6,753 | 8,468 | N/A | 94,552 | 141.0% |
Top Export Markets for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof from Hong Kong SAR in 2022:
- Australia (911.0 kg)
- Israel (96.0 kg)
- Canada (47.0 kg)
- China (30.0 kg)
- Mexico (24.0 kg)
Imports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Hong Kong SAR
In 2022, imports of antibiotics; tetracyclines and their derivatives; salts thereoves into Hong Kong SAR skyrocketed to 300 kg, increasing by 127% on the year before. Over the period under review, imports, however, faced a drastic downturn.
In value terms, imports of antibiotics; tetracyclines and their derivatives; salts thereoves soared to $36K in 2022. In general, imports, however, recorded a abrupt shrinkage.
| Import of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 30.1 | 8.6 | 10.1 | 25.5 | -5.4% |
| India | 11.2 | 2.4 | 2.4 | 5.0 | -23.6% |
| China | 4.4 | 0.1 | 0.4 | 1.9 | -24.4% |
| Canada | 0.9 | 0.2 | 0.3 | 0.4 | -23.7% |
| Japan | 1.0 | N/A | 0.1 | 0.2 | -41.5% |
| United Kingdom | 0.8 | 0.2 | 0.1 | 0.2 | -37.0% |
| Germany | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 2.9 | 0.9 | 1.2 | 3.1 | 2.2% |
| Total | 51.5 | 12.5 | 14.7 | 36.2 | -11.1% |
Top Suppliers of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof to Hong Kong SAR in 2022:
- Ireland (187.0 kg)
- China (46.0 kg)
- India (25.0 kg)
- Canada (23.0 kg)
- Germany (4.0 kg)
- Japan (3.0 kg)
- United Kingdom (3.0 kg)
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This report provides an in-depth analysis of the antibiotic market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global antibiotic market.
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This report provides an in-depth analysis of the antibiotic market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global antibiotic market.
403
In January 2023, the antibiotic price stood at $79,905 per ton (CIF, Hong Kong), with a decrease of -5.9% against the previous month.
54
Discover the latest trends in the global antibiotics market and learn about the projected growth expected over the next seven years. By 2030, the market is forecasted to reach 211K tons in volume and $21B in value, driven by increasing demand worldwide.
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Discover the top import markets for antibiotics across the world, including India, Italy, Germany, and the United States. Gain insights into key statistics and market dynamics in these countries. IndexBox Market Intelligence platform provides accurate and up-to-date data for informed decision-making.
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In 2016, the global antibiotic imports stood at X tons, reducing by -X% against the previous year level. Overall, antibiotic imports continue to indicate a temperate setback. The pace of growt...
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In 2016, the global antibiotic imports stood at X tons, reducing by -X% against the previous year level. Overall, antibiotic imports continue to indicate a temperate setback. The pace of growt...
2739
The global trade in antibiotics amounted to X million USD in 2015, showing some fluctuations over the period under review. A slight decline in 2009 was followed by a peak in 2011, until exports decreased again. Overall
1426
China is one of the largest global producers and consumers of antibiotics. In 2014, China exported X% of its total antibiotics output. Of this amount, X% was supplied to India, where Chinese antibiotics held a X% share of total India's consumption
962
Switzerland is one of the leaders in the global antibiotics trade. However, in 2014, Switzerland exported X tons of antibiotics totaling X billion USD, a full X% under the previous year. Its primary trading partner was Germany, where it suppli
403
In January 2023, the antibiotic price stood at $79,905 per ton (CIF, Hong Kong), with a decrease of -5.9% against the previous month.
54
Discover the latest trends in the global antibiotics market and learn about the projected growth expected over the next seven years. By 2030, the market is forecasted to reach 211K tons in volume and $21B in value, driven by increasing demand worldwide.
