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

Contents:

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

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

In 2022, the average import price for antibiotics; tetracyclines and their derivatives; salts thereoves amounted to $58,535 per ton, surging by 19% against the previous year. In general, the import price enjoyed a strong increase. The pace of growth appeared the most rapid in 2019 when the average import price increased by 44% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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 ($59,203 per ton), while the price for the Netherlands ($9,688 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.0%), while the prices for the other major suppliers experienced a decline.

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

The average export price for antibiotics; tetracyclines and their derivatives; salts thereoves stood at $14,770 per ton in 2022, dropping by -9% against the previous year. Over the period under review, the export price recorded a deep downturn. The growth pace was the most rapid in 2020 when the average export price increased by 105%. Over the period under review, the average export prices reached the peak figure at $41,053 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ethiopia ($21,751 per ton), while the average price for exports to South Sudan ($8,575 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 Somalia (+20.3%), while the prices for the other major destinations experienced a decline.

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

In 2022, purchases abroad of antibiotics; tetracyclines and their derivatives; salts thereoves decreased by -45.3% to 18 tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 58%. As a result, imports reached the peak of 35 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of antibiotics; tetracyclines and their derivatives; salts thereoves declined dramatically to $1M in 2022. Over the period under review, total imports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +3.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 53% against the previous year.

Import of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8601,3321,5381,0276.1%
India79.410646.01.1-76.0%
Others6.77.14.75.3-7.5%
Total9461,4451,5891,0333.0%

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

  1. China (17.3 tons)

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

In 2022, exports of antibiotics; tetracyclines and their derivatives; salts thereoves from Kenya fell rapidly to 7.5 tons, with a decrease of -17.3% compared with the year before. Over the period under review, exports, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 159%. As a result, the exports attained the peak of 9.1 tons, and then shrank significantly in the following year.

In value terms, exports of antibiotics; tetracyclines and their derivatives; salts thereoves reduced remarkably to $111K in 2022. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 101%. As a result, the exports reached the peak of $148K, and then shrank rapidly in the following year.

Export of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Rwanda45.234.149.597.529.2%
EthiopiaN/AN/A96.810.0-89.7%
South Sudan0.90.40.71.415.9%
Others1.638.70.52.19.5%
Total47.673.314811132.6%

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

  1. Rwanda (6.8 tons)
  2. Ethiopia (0.5 tons)
  3. South Sudan (0.2 tons)

Source: IndexBox Market Intelligence Platform

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