Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Azerbaijan - 2024

Contents:

  1. Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Azerbaijan (CIF) - 2022
  2. Imports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Azerbaijan

Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Azerbaijan (CIF) - 2022

The average import price for antibiotics; tetracyclines and their derivatives; salts thereoves stood at $26,591 per ton in 2022, with an increase of 18% against the previous year. Overall, the import price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 360%. The import price peaked at $32,086 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +29.1% per year.

Imports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Azerbaijan

In 2022, approx. 701 kg of antibiotics; tetracyclines and their derivatives; salts thereoves were imported into Azerbaijan; increasing by 40% compared with the previous year. Over the period under review, imports saw significant growth. The growth pace was the most rapid in 2021 when imports increased by 1,221% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of antibiotics; tetracyclines and their derivatives; salts thereoves soared to $19K in 2022. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,319% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.10.411.218.6470.8%
Others0.60.40.10.1-45.0%
Total0.70.811.318.6198.4%

Top Suppliers of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof to Azerbaijan in 2022:

  1. China (699.0 kg)

Source: IndexBox Market Intelligence Platform

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