Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Nepal - 2022

Contents:

  1. Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Nepal (CIF) - 2022
  2. Imports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Nepal

Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Nepal (CIF) - 2022

In 2022, the average import price for antibiotics; erythromycin and its derivatives; salts thereoves amounted to $158,465 per ton, growing by 7.4% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 10%. The import price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($177,173 per ton), while the price for India amounted to $134,543 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.5%).

Imports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Nepal

After three years of growth, overseas purchases of antibiotics; erythromycin and its derivatives; salts thereoves decreased by -40.1% to 6.4 tons in 2022. Overall, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 177% against the previous year.

In value terms, imports of antibiotics; erythromycin and its derivatives; salts thereoves reduced notably to $1M in 2022. In general, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 170%.

Import of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1735991,42263654.3%
India40.218.4156379111.3%
Others16.84.63.93.3-41.9%
Total2306221,5821,01964.2%

Top Suppliers of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof to Nepal in 2022:

  1. China (3.6 tons)
  2. India (2.8 tons)

Source: IndexBox Market Intelligence Platform

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