Antibiotics Market - China and India Advanced on the Global Antibiotics Market

Pharmaceuticals, Medicinal Chemical And Botanical Products October 24, 2016
Author: Maria Fadeeva
Market Analyst

antibiotics market

Photo: © alexraths / Bigstockphoto

The global trade in antibiotics amounted to 11,187 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, there was an annual decrease of -0.1% from 2007 to 2015.

China continued its dominance in the global supplies of antibiotics. In 2015, China's exports of antibiotics totaled 3,157 million USD, which accounted for a 28% share of global exports. Switzerland, India, Belgium, and Italy were the other key global suppliers of antibiotics in 2015, with a 35% combined share of global exports.

India (+6.5% per year) and China (+5.4% per year) were the fastest growing exporters on the global antibiotics market from 2007 to 2015. China significantly strengthened its position in the global export structure, growing its share from 18% in 2007 to 28% in 2015.

On the other hand, Italy (13%, based on value terms), France (9%), India (8%), Germany (7%), and USA (7%) were the leading destinations of antibiotic imports in 2015. Imports to France grew at a rapid pace of +15.2% per year from 2007 to 2015. By contrast, Italy contracted its imports of antibiotics over the same period. France's share of global imports increased by +6 percentage points, while the share of Italy illustrated negative dynamics (-4 percentage points).

Global Exports Of Antibiotics

Key Exporting Countries Of Antibiotics

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Source: World: Antibiotics - Market Report. Analysis and Forecast to 2020