Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in South Korea - 2022
Contents:
- Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in South Korea (FOB) - 2022
- Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in South Korea (CIF) - 2022
- Exports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in South Korea
- Imports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in South Korea
Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in South Korea (FOB) - 2022
In 2022, the average export price for antibiotics; tetracyclines and their derivatives; salts thereoves amounted to $97,855 per ton, surging by 2.4% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 16% against the previous year. Over the period under review, the average export prices reached the peak figure at $128,267 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($99,622 per ton), while the average price for exports to Italy totaled $93,535 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+2.1%), while the prices for the other major destinations experienced a decline.
Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in South Korea (CIF) - 2022
The average import price for antibiotics; tetracyclines and their derivatives; salts thereoves stood at $42,016 per ton in 2022, picking up by 5% against the previous year. Overall, the import price saw a prominent increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 45%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
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 China amounted to +6.8% per year.
Exports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in South Korea
Exports of antibiotics; tetracyclines and their derivatives; salts thereoves from South Korea skyrocketed to 172 tons in 2022, increasing by 33% against 2021. In general, exports, however, saw a noticeable curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year.
In value terms, exports of antibiotics; tetracyclines and their derivatives; salts thereoves soared to $17M in 2022. Over the period under review, exports, however, showed a pronounced slump. The growth pace was the most rapid in 2021 with an increase of 67%.
| Export of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 14.1 | 4.3 | 8.3 | 10.3 | -9.9% |
| Portugal | 4.0 | 2.4 | 3.2 | 6.0 | 14.5% |
| Others | 0.5 | 0.7 | 1.0 | 0.5 | 0.0% |
| Total | 18.6 | 7.4 | 12.4 | 16.9 | -3.1% |
Top Export Markets for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof from South Korea in 2022:
- Italy (110.5 tons)
- Portugal (60.3 tons)
Imports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in South Korea
In 2022, approx. 222 tons of antibiotics; tetracyclines and their derivatives; salts thereoves were imported into South Korea; with a decrease of -20% against 2021 figures. In general, imports saw a pronounced descent. The growth pace was the most rapid in 2021 with an increase of 24%. As a result, imports attained the peak of 277 tons, and then shrank dramatically in the following year.
In value terms, imports of antibiotics; tetracyclines and their derivatives; salts thereoves shrank dramatically to $9.3M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.4% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 80%. As a result, imports attained the peak of $11M, and then shrank significantly in the following year.
| Import of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.2 | 3.9 | 5.3 | 6.0 | 12.6% |
| Others | 2.6 | 2.3 | 5.8 | 3.4 | 9.4% |
| Total | 6.8 | 6.2 | 11.1 | 9.3 | 11.0% |
Top Suppliers of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof to South Korea in 2022:
- China (216.6 tons)
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This report provides an in-depth analysis of the antibiotic market in Republic of Korea.
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This report provides an in-depth analysis of the global antibiotic market.
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This report provides an in-depth analysis of the antibiotic market in Republic of Korea.
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This report provides an in-depth analysis of the global antibiotic market.
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Discover the top import markets for antibiotics across the world, including India, Italy, Germany, and the United States. Gain insights into key statistics and market dynamics in these countries. IndexBox Market Intelligence platform provides accurate and up-to-date data for informed decision-making.
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In 2016, the global antibiotic imports stood at X tons, reducing by -X% against the previous year level. Overall, antibiotic imports continue to indicate a temperate setback. The pace of growt...
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In 2016, the global antibiotic imports stood at X tons, reducing by -X% against the previous year level. Overall, antibiotic imports continue to indicate a temperate setback. The pace of growt...
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The global trade in antibiotics amounted to X million USD in 2015, showing some fluctuations over the period under review. A slight decline in 2009 was followed by a peak in 2011, until exports decreased again. Overall
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China is one of the largest global producers and consumers of antibiotics. In 2014, China exported X% of its total antibiotics output. Of this amount, X% was supplied to India, where Chinese antibiotics held a X% share of total India's consumption
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Switzerland is one of the leaders in the global antibiotics trade. However, in 2014, Switzerland exported X tons of antibiotics totaling X billion USD, a full X% under the previous year. Its primary trading partner was Germany, where it suppli
241
Discover the top import markets for antibiotics across the world, including India, Italy, Germany, and the United States. Gain insights into key statistics and market dynamics in these countries. IndexBox Market Intelligence platform provides accurate and up-to-date data for informed decision-making.
627
In 2016, the global antibiotic imports stood at X tons, reducing by -X% against the previous year level. Overall, antibiotic imports continue to indicate a temperate setback. The pace of growt...
1490
In 2016, the global antibiotic imports stood at X tons, reducing by -X% against the previous year level. Overall, antibiotic imports continue to indicate a temperate setback. The pace of growt...
2698
The global trade in antibiotics amounted to X million USD in 2015, showing some fluctuations over the period under review. A slight decline in 2009 was followed by a peak in 2011, until exports decreased again. Overall
