Price for Pharmaceutical Goods; Waste Pharmaceuticals in Saudi Arabia - 2021

Contents:

  1. Price for Pharmaceutical Goods; Waste Pharmaceuticals in Saudi Arabia (CIF) - 2022
  2. Imports of Pharmaceutical Goods; Waste Pharmaceuticals in Saudi Arabia

Price for Pharmaceutical Goods; Waste Pharmaceuticals in Saudi Arabia (CIF) - 2022

In 2022, the average pharmaceutical goods; waste pharmaceuticals import price amounted to $65,344 per ton, which is down by -69.8% against the previous year. Over the period under review, the import price recorded a sharp setback. The import price peaked at $872,582 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($359,000 per ton), while the price for the United States amounted to $58,469 per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-10.7%).

Imports of Pharmaceutical Goods; Waste Pharmaceuticals in Saudi Arabia

In 2022, pharmaceutical goods; waste pharmaceuticals imports into Saudi Arabia soared to 215 kg, growing by 65% compared with 2021. Over the period under review, total imports indicated a significant increase from 2021 to 2022: its volume increased at an average annual rate of +65.4% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, pharmaceutical goods; waste pharmaceuticals imports declined remarkably to $14K in 2022. In general, imports, however, faced a significant curtailment.

Import of Pharmaceutical Goods; Waste Pharmaceuticals in Saudi Arabia (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
United States28.112.5-55.5%
OthersN/A1.60%
Total28.114.0-50.2%

Top Suppliers of Pharmaceutical Goods; Waste Pharmaceuticals to Saudi Arabia in 2022:

  1. United States (213.0 kg)

Source: IndexBox Market Intelligence Platform

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