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

Contents:

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

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

The average import price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves stood at $46,401 per ton in December 2022, declining by -55.4% against the previous month. In general, the import price showed a pronounced downturn. The most prominent rate of growth was recorded in July 2022 when the average import price increased by 119% m-o-m. As a result, import price attained the peak level of $134K per ton. From August 2022 to December 2022, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($123K per ton), while the price for Spain ($34,566 per ton) was amongst the lowest.

From June 2022 to December 2022, the most notable rate of growth in terms of prices was attained by China (-0.7%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves amounted to $75,100 per ton, flattening at the previous year. Overall, the export price, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 705%. Over the period under review, the average export prices hit record highs at $75,174 per ton in 2021, and then reduced in the following year.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2014 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +14.2% per year.

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

Imports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves into Morocco skyrocketed to 381 tons in 2022, with an increase of 46% against 2021. The total import volume increased at an average annual rate of +5.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves surged to $27M in 2022. Overall, imports, however, continue to indicate a perceptible decline.

Import of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Morocco (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom20.518.411.614.0-11.9%
Spain3.85.23.96.620.2%
China2.13.72.03.720.8%
India3.33.12.42.8-5.3%
Others1.00.70.80.3-33.1%
Total30.731.120.727.4-3.7%

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

  1. Spain (167.7 tons)
  2. United Kingdom (80.6 tons)
  3. China (78.6 tons)
  4. India (50.7 tons)

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

After two years of decline, shipments abroad of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves decreased by -50% to 502 kg in 2022. Over the period under review, exports recorded a dramatic shrinkage.

In value terms, exports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves reduced remarkably to $38K in 2022. In general, exports saw a dramatic curtailment.

Export of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands122N/A75.237.7-32.4%
Spain1.0N/AN/AN/A0%
Others0.1N/A0.2N/A41.4%
Total123N/A75.437.7-32.6%

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

  1. Netherlands (500.0 kg)

Source: IndexBox Market Intelligence Platform

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