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

Contents:

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

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

The average import price for antibiotics; tetracyclines and their derivatives; salts thereoves stood at $21,840 per ton in 2022, shrinking by -9.2% against the previous year. Overall, the import price, however, continues to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 196% against the previous year. As a result, import price reached the peak level of $24,047 per ton, and then shrank in the following year.

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 the Netherlands ($66,481 per ton), while the price for China amounted to $19,525 per ton.

From 2018 to 2022, the most notable rate of growth in terms of prices was attained by India (+669.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, after two years of decline, there was significant growth in purchases abroad of antibiotics; tetracyclines and their derivatives; salts thereoves, when their volume increased by 93% to 8.8 tons. Over the period under review, imports, however, saw a sharp contraction.

In value terms, imports of antibiotics; tetracyclines and their derivatives; salts thereoves soared to $192K in 2022. Overall, imports posted significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 88%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China33.550.710116369.5%
NetherlandsN/AN/AN/A27.90%
Belgium24.5N/AN/AN/A0%
India8.17.28.8N/A4.2%
OthersN/A0.2N/A0.9112.1%
Total66.258.110919242.6%

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

  1. China (8.4 tons)
  2. Netherlands (0.4 tons)

Source: IndexBox Market Intelligence Platform

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