Price for Antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereof in Colombia - 2022

Contents:

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

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

In February 2022, the average import price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves amounted to $44,591 per ton, declining by -6.7% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. The pace of growth appeared the most rapid in December 2021 when the average import price increased by 46% m-o-m. As a result, import price reached the peak level of $53,582 per ton. From January 2022 to February 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was India ($57,874 per ton), while the price for China totaled $35,478 per ton.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by India (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves amounted to $23,139 per ton, which is down by -36.8% against the previous year. Over the period under review, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by 78%. The export price peaked at $61,275 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($38,400 per ton), while the average price for exports to Belize ($17,286 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 Peru (+1.7%), while the prices for the other major destinations experienced a decline.

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

In 2022, approx. 388 tons of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves were imported into Colombia; picking up by 22% against 2021 figures. The total import volume increased at an average annual rate of +4.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years.

In value terms, imports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves skyrocketed to $18M in 2022. The total import value increased at an average annual rate of +10.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. China (223.9 tons)
2. Mexico (132.2 tons)
3. India (31.3 tons)

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

In 2022, after two years of decline, there was significant growth in overseas shipments of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves, when their volume increased by 6.5% to 2.3 tons. Overall, exports, however, showed a dramatic downturn.

In value terms, exports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves fell rapidly to $52K in 2022. In general, exports, however, saw a precipitous contraction. The smallest decline of -20.5% was in 2020.

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

1. Venezuela (1988.0 kg)
2. Panama (250.0 kg)
3. Belize (14.0 kg)

Source: IndexBox Market Intelligence Platform