Price for Antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereof in China - 2023

Contents:

  1. Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in China (FOB) - 2023
  2. Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in China (CIF) - 2022
  3. Exports of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in China
  4. Imports of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in China

Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in China (FOB) - 2023

In September 2023, the average export price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves amounted to $33,783 per ton, which is down by -4.7% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 an increase of 2.1% month-to-month. Over the period under review, the average export prices reached the peak figure at $35,437 per ton in August 2023, and then fell slightly in the following month.

Average prices varied noticeably for the major overseas markets. In September 2023, the countries with the highest prices were the United Arab Emirates ($37,783 per ton) and Spain ($37,081 per ton), while the average price for exports to Vietnam ($32,311 per ton) and Russia ($32,448 per ton) were amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in China (CIF) - 2022

The average import price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves stood at $32,868 per ton in 2022, surging by 16% against the previous year. Overall, the import price, however, showed a sharp contraction. The most prominent rate of growth was recorded in 2015 an increase of 18% against the previous year. Over the period under review, average import prices attained the maximum at $447,631 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($35,334 per ton), while the price for Austria amounted to $32,297 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+3.7%).

Exports of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in China

In 2022, approx. 32K tons of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves were exported from China; declining by -6% against the year before. Over the period under review, exports saw a abrupt descent. The smallest decline of -3.2% was in 2021.

In value terms, exports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves skyrocketed to $1.1B in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.2% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India31428136746714.1%
Spain43.327.640.250.65.3%
Vietnam22.922.930.448.428.3%
Thailand32.033.432.442.710.1%
Indonesia27.621.742.342.115.1%
Mexico25.627.539.339.615.7%
Singapore18.115.020.939.029.2%
Netherlands32.254.039.835.73.5%
Brazil21.017.620.232.916.1%
United States11.311.114.322.826.4%
Turkey10.813.56.721.125.0%
Pakistan14.417.119.912.8-3.9%
Iran34.98.212.911.6-30.7%
Others2042001952618.6%
Total8127518811,12711.5%

Top Export Markets for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof from China in 2022:

  1. India (13.2K tons)
  2. Spain (1.6K tons)
  3. Singapore (1.5K tons)
  4. Vietnam (1.4K tons)
  5. Mexico (1.3K tons)
  6. Indonesia (1.2K tons)
  7. Thailand (1.2K tons)
  8. Brazil (0.9K tons)
  9. Netherlands (0.9K tons)
  10. Turkey (0.7K tons)
  11. United States (0.6K tons)
  12. Pakistan (0.3K tons)
  13. Iran (0.3K tons)

Imports of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in China

In 2022, purchases abroad of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves was finally on the rise to reach 228 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a deep contraction.

In value terms, imports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves soared to $7.5M in 2022. Over the period under review, imports, however, continue to indicate a pronounced decline.

Import of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria7.23.43.25.9-6.4%
India1.40.91.11.52.3%
OthersN/A0.10.10.10.0%
Total8.64.44.47.5-4.5%

Top Suppliers of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof to China in 2022:

  1. Austria (183.5 tons)
  2. India (42.5 tons)

Source: IndexBox Market Intelligence Platform

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