Price for Pharmaceutical Goods; Waste Pharmaceuticals in South Africa - 2023
Contents:
- Price for Pharmaceutical Goods; Waste Pharmaceuticals in South Africa (FOB) - 2022
- Price for Pharmaceutical Goods; Waste Pharmaceuticals in South Africa (CIF) - 2022
- Exports of Pharmaceutical Goods; Waste Pharmaceuticals in South Africa
- Imports of Pharmaceutical Goods; Waste Pharmaceuticals in South Africa
Price for Pharmaceutical Goods; Waste Pharmaceuticals in South Africa (FOB) - 2022
The average pharmaceutical goods; waste pharmaceuticals export price stood at $14,567 per ton in 2022, declining by -56.6% against the previous year. Over the period under review, the export price, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2013 an increase of 277% against the previous year. The export price peaked at $34,381 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
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 Botswana ($117,333 per ton), while the average price for exports to Ghana ($8,261 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 Lesotho (+26.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Pharmaceutical Goods; Waste Pharmaceuticals in South Africa (CIF) - 2022
In 2022, the average pharmaceutical goods; waste pharmaceuticals import price amounted to $117,286 per ton, which is down by -4.4% against the previous year. Over the period under review, the import price, however, posted a significant expansion. The pace of growth appeared the most rapid in 2013 when the average import price increased by 2,958% against the previous year. Over the period under review, average import prices attained the peak figure at $445,700 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
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 Namibia ($218,919 per ton), while the price for Swaziland ($972 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+100.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Pharmaceutical Goods; Waste Pharmaceuticals in South Africa
In 2022, overseas shipments of pharmaceutical goods; waste pharmaceuticalses decreased by -16.8% to 11 tons, falling for the second consecutive year after two years of growth. Overall, exports faced a sharp reduction. The pace of growth was the most pronounced in 2020 when exports increased by 82% against the previous year. As a result, the exports attained the peak of 45 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, pharmaceutical goods; waste pharmaceuticals exports fell dramatically to $166K in 2022. In general, exports saw a abrupt shrinkage. The growth pace was the most rapid in 2020 when exports increased by 270% against the previous year. As a result, the exports reached the peak of $793K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Pharmaceutical Goods; Waste Pharmaceuticals in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | 0.6 | 0.1 | 125 | 1343.4% |
| Namibia | 170 | 340 | 9.1 | 10.7 | -60.2% |
| Ghana | N/A | 0.1 | N/A | 2.8 | 429.2% |
| Botswana | 15.6 | 282 | 254 | 0.4 | -70.5% |
| Swaziland | 1.5 | 0.5 | 7.5 | 0.2 | -48.9% |
| Kenya | N/A | 34.7 | 23.0 | N/A | -33.7% |
| Rwanda | N/A | N/A | 4.5 | N/A | 0% |
| Zambia | N/A | 29.0 | 40.5 | N/A | 39.7% |
| Myanmar | 13.3 | N/A | N/A | N/A | 0% |
| Others | 13.7 | 106 | 120 | 26.9 | 25.2% |
| Total | 215 | 793 | 459 | 166 | -8.3% |
Top Export Markets for Pharmaceutical Goods; Waste Pharmaceuticals from South Africa in 2022:
- Botswana (undefined tons)
- United Kingdom (9.7 tons)
- Namibia (1.2 tons)
- Ghana (0.3 tons)
- Swaziland (0.1 tons)
Imports of Pharmaceutical Goods; Waste Pharmaceuticals in South Africa
For the fourth consecutive year, South Africa recorded growth in purchases abroad of pharmaceutical goods; waste pharmaceuticalses, which increased by 2,762% to 2.6 tons in 2022. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, pharmaceutical goods; waste pharmaceuticals imports skyrocketed to $302K in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 2,704% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Pharmaceutical Goods; Waste Pharmaceuticals in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | 0.1 | 288 | 287900.0% |
| Namibia | 0.1 | N/A | N/A | 13.6 | 414.3% |
| Swaziland | N/A | N/A | N/A | 0.7 | 0% |
| United Kingdom | N/A | N/A | 8.0 | N/A | 0% |
| Others | 0.3 | 9.3 | 2.9 | N/A | 210.9% |
| Total | 0.3 | 9.3 | 11.0 | 302 | 902.2% |
Top Suppliers of Pharmaceutical Goods; Waste Pharmaceuticals to South Africa in 2022:
- India (1844.0 kg)
- Swaziland (670.0 kg)
- Namibia (62.0 kg)
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