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

Contents:

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

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

The average import price for antibiotics; tetracyclines and their derivatives; salts thereoves stood at $27,713 per ton in 2022, picking up by 161% against the previous year. Over the period under review, the import price saw a remarkable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($24,549 per ton), while the price for the United Arab Emirates ($12,478 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+43.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

After three years of growth, supplies from abroad of antibiotics; tetracyclines and their derivatives; salts thereoves decreased by -28% to 7.7 tons in 2022. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 359% against the previous year. As a result, imports attained the peak of 11 tons, and then fell notably in the following year.

In value terms, imports of antibiotics; tetracyclines and their derivatives; salts thereoves skyrocketed to $213K in 2022. Over the period under review, imports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 188% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands3.5N/AN/A55.9151.8%
Jordan9.314.525.943.367.0%
United Arab Emirates1.94.046.530.0150.9%
China15.218.83.625.018.0%
TurkeyN/AN/A1.93.163.2%
Qatar0.61.25.10.1-45.0%
VietnamN/AN/A25.5N/A0%
Others0.30.64.555.2468.8%
Total30.739.211321390.7%

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

  1. United Arab Emirates (2.4 tons)
  2. Netherlands (2.3 tons)
  3. Jordan (1.8 tons)
  4. China (1.0 tons)
  5. Turkey (0.1 tons)

Source: IndexBox Market Intelligence Platform

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