Which Country Imports the Most Antibiotics in the World?

IndexBox has just published a new report "World: Antibiotics - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

In 2016, the global antibiotic imports stood at 123K tonnes, reducing by -20.8% against the previous year level. Overall, antibiotic imports continue to indicate a temperate setback. The pace of growth appeared the most rapid in 2011, when import increased by 33% year-to-year. In that year, global antibiotic imports attained its maximum volume of 219K tonnes. From 2012 to 2016, growth of global antibiotic imports stood at a somewhat lower level.

In value terms, antibiotic imports totaled $11B in 2016. Overall, antibiotic imports continue to indicate a relatively flat trend pattern. Global antibiotic import peaked of $17B in 2011- however, from 2012 to 2016, it stood at a somewhat lower level.

Top Antibiotic Importing Countries in the World

1. Italy (1,502.4 million USD)

2. India (995.4 million USD)

3. France (892.8 million USD)

4. Spain (317.9 million USD)

5. Brazil (258.4 million USD)

6. United Kingdom (206.3 million USD)

7. Canada (184.0 million USD)

8. Netherlands (144.9 million USD)

9. Thailand (138.8 million USD)

10. Indonesia (130.1 million USD)

11. Australia (68.3 million USD)

12. Malaysia (45.0 million USD)

Antibiotic Imports By Country

In 2016, India (24K tonnes), distantly followed by Spain (7.4K tonnes), and Italy (6.5K tonnes) were the main importers of antibiotic, together creating 31% of total imports. The following importers - Brazil (4.9K tonnes), Thailand (4.5K tonnes), the UK (4.4K tonnes), Canada (4.2K tonnes), Indonesia (3.9K tonnes), the Netherlands (3.5K tonnes), Australia (2.8K tonnes), France (2.8K tonnes), and Malaysia (2.7K tonnes) together made up 27% of total imports.

India experienced a relatively flat trend pattern. At the same time, Canada (+9.0%), Thailand (+8.6%), Spain (+7.9%), Indonesia (+3.9%), and Australia (+1.3%) displayed positive paces of growth. Moreover, Canada emerged as the fastest growing importer/exporter in the world, with a CAGR of +9.0% from 2007-2016. Italy experienced a relatively flat trend pattern. By contrast, France (-1.6%), Brazil (-2.1%), Malaysia (-2.4%), the UK (-2.7%), and the Netherlands (-9.7%) illustrated a downward trend over the same period. The Netherlands (4%) significantly strengthened its position in terms of the global imports, while Canada, Thailand, and Spain saw its share reduced by -1.9%, -1.9%, and -3.0% from 2007 to 2016, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($1.5B), India ($995M) and France ($893M) constituted the countries with the highest levels of imports in 2016, together comprising 30% of global imports.

France (+10.7% per year) had the highest rates of growth with regard to the antibiotic imports, among the main importing countries, over the last 9 years, while the other global leaders experienced more modest paces of growth.

Antibiotic Import Prices By Country

In 2016, the average import price for antibiotic amounted to $92 per kg, increasing by 15% against the previous year. Over the period from 2007 to 2016 it increased at an average annual rate of +1.7%.The most prominent rate of growth was recorded in 2008, an increase of 17% against the previous year level. Over the period under review, average antibiotic import price reached its maximum level of $98 per kg in 2013- however, from 2014 to 2016, it failed to regain its strength.

Import prices varied noticeably by country of destination. the country with the highest import prices was France ($323 per kg), while Malaysia ($17 per kg) was among the lowest.

From 2007 to 2016, the most notable growth rate of antibiotic import prices was attained by France (+12.5% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global antibiotic market? Get the latest trends and insight from our report. It includes a wide range of statistics on

• antibiotic market share
• antibiotic prices
• antibiotic industry
• antibiotic sales
• antibiotic import
• antibiotic export
• antibiotic market forecast
• antibiotic price forecast
• key antibiotic producers

All data provided in this article covers the following product: HS Code 2941 - Antibiotics.

Source: World: Antibiotics - Market Report. Analysis and Forecast to 2025