Price for Pharmaceutical Goods; Waste Pharmaceuticals in India - 2023
Contents:
- Price for Pharmaceutical Goods; Waste Pharmaceuticals in India (FOB) - 2022
- Price for Pharmaceutical Goods; Waste Pharmaceuticals in India (CIF) - 2022
- Exports of Pharmaceutical Goods; Waste Pharmaceuticals in India
- Imports of Pharmaceutical Goods; Waste Pharmaceuticals in India
Price for Pharmaceutical Goods; Waste Pharmaceuticals in India (FOB) - 2022
The average pharmaceutical goods; waste pharmaceuticals export price stood at $47,349 per ton in 2022, picking up by 298% against the previous year. Over the period under review, the export price enjoyed a buoyant increase. Over the period under review, the average export prices attained the peak figure at $55,622 per ton in 2018; however, from 2019 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 Mauritius ($135,868 per ton), while the average price for exports to Burundi ($1,909 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 Papua New Guinea (+115.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Pharmaceutical Goods; Waste Pharmaceuticals in India (CIF) - 2022
The average pharmaceutical goods; waste pharmaceuticals import price stood at $693K per ton in March 2022, with an increase of 92% against the previous month. Overall, the import price continues to indicate a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Switzerland ($4.9M per ton), while the price for the United States ($506K per ton) was amongst the lowest.
From January 2022 to March 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+230.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Pharmaceutical Goods; Waste Pharmaceuticals in India
In 2022, shipments abroad of pharmaceutical goods; waste pharmaceuticalses decreased by -78.2% to 651 kg, falling for the second consecutive year after two years of growth. In general, exports saw a dramatic decline. The pace of growth appeared the most rapid in 2020 when exports increased by 167% against the previous year. As a result, the exports reached the peak of 13 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, pharmaceutical goods; waste pharmaceuticals exports fell to $31K in 2022. Overall, exports recorded a significant contraction. The most prominent rate of growth was recorded in 2020 with an increase of 34% against the previous year. As a result, the exports reached the peak of $322K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Pharmaceutical Goods; Waste Pharmaceuticals in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mauritius | 0.3 | N/A | N/A | 12.4 | 245.8% |
| Hong Kong SAR | 0.2 | 0.2 | 0.1 | 10.6 | 275.6% |
| Cameroon | N/A | N/A | N/A | 1.7 | 0% |
| Maldives | N/A | 0.3 | N/A | 1.1 | 91.5% |
| Malaysia | 1.3 | N/A | N/A | 0.2 | -46.4% |
| Democratic Republic of the Congo | N/A | N/A | N/A | 0.2 | 0% |
| Burundi | N/A | N/A | N/A | 0.1 | 0% |
| Nepal | 61.2 | 8.8 | N/A | N/A | -85.6% |
| Myanmar | 35.7 | 160 | 27.9 | N/A | -11.6% |
| Bangladesh | 22.8 | 70.1 | 1.1 | N/A | -78.0% |
| Others | 119 | 82.8 | 6.3 | 4.6 | -66.2% |
| Total | 241 | 322 | 35.4 | 30.8 | -49.6% |
Top Export Markets for Pharmaceutical Goods; Waste Pharmaceuticals from India in 2022:
- Hong Kong SAR (178.0 kg)
- Malaysia (100.0 kg)
- Democratic Republic of the Congo (100.0 kg)
- Mauritius (91.0 kg)
- Burundi (77.0 kg)
- Cameroon (55.0 kg)
- Maldives (20.0 kg)
Imports of Pharmaceutical Goods; Waste Pharmaceuticals in India
In 2022, supplies from abroad of pharmaceutical goods; waste pharmaceuticalses was finally on the rise to reach 2.5 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, pharmaceutical goods; waste pharmaceuticals imports surged to $700K in 2022. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Pharmaceutical Goods; Waste Pharmaceuticals in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 25.5 | N/A | N/A | 322 | 132.9% |
| Denmark | N/A | N/A | N/A | 134 | 0% |
| United Kingdom | N/A | N/A | N/A | 109 | 0% |
| Switzerland | N/A | N/A | N/A | 69.4 | 0% |
| France | N/A | N/A | N/A | 61.3 | 0% |
| Others | N/A | 3.1 | N/A | 5.5 | 33.2% |
| Total | 25.5 | 3.1 | N/A | 700 | 201.7% |
Top Suppliers of Pharmaceutical Goods; Waste Pharmaceuticals to India in 2022:
- United States (1925.0 kg)
- Denmark (429.0 kg)
- France (85.0 kg)
- Switzerland (58.0 kg)
- United Kingdom (43.0 kg)
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