Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in the UK - 2024

Contents:

  1. Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in the UK (CIF) - 2024
  2. Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in the UK (FOB) - 2022
  3. Imports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in the UK
  4. Exports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in the UK

Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in the UK (CIF) - 2024

In August 2023, the average import price for antibiotics; tetracyclines and their derivatives; salts thereoves amounted to $41,709 per ton, shrinking by -4.3% against the previous month. Overall, the import price continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 128% m-o-m. The import price peaked at $84,560 per ton in June 2023; however, from July 2023 to August 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($43,635 per ton), while the price for the Netherlands amounted to $13,702 per ton.

From January 2023 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (0.0%), while the prices for the other major suppliers experienced a decline.

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

The average export price for antibiotics; tetracyclines and their derivatives; salts thereoves stood at $112,996 per ton in 2022, picking up by 103% against the previous year. Over the period under review, the export price continues to indicate a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($391,776 per ton), while the average price for exports to Ireland ($42,746 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 Spain (+26.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in the UK

In 2022, supplies from abroad of antibiotics; tetracyclines and their derivatives; salts thereoves was finally on the rise to reach 164 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a abrupt curtailment.

In value terms, imports of antibiotics; tetracyclines and their derivatives; salts thereoves fell rapidly to $9M in 2022. Overall, imports, however, showed a precipitous slump. The pace of growth was the most pronounced in 2020 with an increase of 12% against the previous year. As a result, imports attained the peak of $32M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.16.71.86.6-13.2%
Italy9.616.5N/A1.8-42.8%
Netherlands0.20.3N/A0.314.5%
India0.20.60.40.20.0%
Switzerland6.76.48.9N/A15.3%
Germany0.40.80.2N/A-29.3%
Others1.51.10.10.2-48.9%
Total28.832.211.49.0-32.1%

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

  1. China (140.8 tons)
  2. Netherlands (11.7 tons)
  3. Italy (7.5 tons)
  4. India (2.6 tons)
  5. Switzerland (0.2 tons)

Exports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in the UK

In 2022, shipments abroad of antibiotics; tetracyclines and their derivatives; salts thereoves was finally on the rise to reach 30 tons after two years of decline. Overall, exports, however, faced a deep contraction.

In value terms, exports of antibiotics; tetracyclines and their derivatives; salts thereoves skyrocketed to $3.4M in 2022. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain0.62943.52,3981487.0%
France155909225134-4.7%
United States2.14.019.3128293.5%
Belgium4294.420.66.9-74.8%
Ireland2104795333.0-75.7%
Germany19345.38.02.7-75.9%
China4992.1N/AN/A-99.6%
Netherlands10678.3N/AN/A-26.1%
Others17312320869458.9%
Total1,7671,9401,0183,36824.0%

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

  1. Spain (10.7 tons)
  2. United States (0.7 tons)
  3. France (0.3 tons)
  4. Ireland (0.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Antibiotics; tetracyclines and their derivatives; salts thereof - United Kingdom