Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Panama - 2022

Contents:

  1. Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Panama (FOB) - 2022
  2. Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Panama (CIF) - 2022
  3. Exports of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Panama
  4. Imports of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Panama

Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Panama (FOB) - 2022

In 2022, the average export price for antibiotics; streptomycins and their derivatives; salts thereoves amounted to $83,636 per ton, increasing by 9.7% against the previous year. Over the period under review, the export price showed a remarkable increase. The growth pace was the most rapid in 2016 when the average export price increased by 19%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($178,601 per ton), while the average price for exports to Venezuela stood at $831 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+15.0%).

Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Panama (CIF) - 2022

The average import price for antibiotics; streptomycins and their derivatives; salts thereoves stood at $12,898 per ton in 2022, reducing by -40.6% against the previous year. Over the period under review, the import price showed a abrupt contraction. The pace of growth appeared the most rapid in 2014 an increase of 8.2% against the previous year. The import price peaked at $35,640 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($16,273 per ton), while the price for China amounted to $12,416 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Panama

For the third year in a row, Panama recorded decline in shipments abroad of antibiotics; streptomycins and their derivatives; salts thereoves, which decreased by -12.3% to 8.8 tons in 2022. In general, exports recorded a deep setback.

In value terms, exports of antibiotics; streptomycins and their derivatives; salts thereoves dropped slightly to $740K in 2022. Overall, exports showed a noticeable curtailment. The smallest decline of -3.8% was in 2021.

Export of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil824794764736-3.7%
Venezuela7.25.94.83.9-18.5%
OthersN/AN/AN/AN/A0%
Total832800769740-3.8%

Top Export Markets for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof from Panama in 2022:

  1. Venezuela (4.7 tons)
  2. Brazil (4.1 tons)

Imports of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Panama

For the third consecutive year, Panama recorded decline in overseas purchases of antibiotics; streptomycins and their derivatives; salts thereoves, which decreased by -94.3% to 88 kg in 2022. Over the period under review, imports faced a sharp curtailment. The smallest decline of -11.9% was in 2021.

In value terms, imports of antibiotics; streptomycins and their derivatives; salts thereoves dropped sharply to $1.1K in 2022. In general, imports saw a dramatic downturn. The smallest decline of -16.4% was in 2021.

Import of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.90.50.31.03.6%
United States0.10.10.10.226.0%
Japan46.639.132.9N/A-16.0%
OthersN/A0.1N/AN/A0%
Total47.639.833.31.1-71.5%

Top Suppliers of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof to Panama in 2022:

  1. China (77.0 kg)
  2. United States (11.0 kg)

Source: IndexBox Market Intelligence Platform

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