Colombia - Antibiotics - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 3, 2024

Colombia - Antibiotics - Market Analysis, Forecast, Size, Trends And Insights

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Antibiotic Price in Colombia - 2022

Contents:

  1. Antibiotic Price in Colombia (CIF) - 2022
  2. Antibiotic Price in Colombia (FOB) - 2022
  3. Antibiotic Imports in Colombia
  4. Antibiotic Exports in Colombia

Antibiotic Price in Colombia (CIF) - 2022

In 2022, the average antibiotic import price amounted to $35,645 per ton, shrinking by -6.4% against the previous year. In general, the import price saw a pronounced contraction. The most prominent rate of growth was recorded in 2021 an increase of 32% against the previous year. The import price peaked at $49,811 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($145,087 per ton), while the price for China ($30,712 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Antibiotic Price in Colombia (FOB) - 2022

In 2022, the average antibiotic export price amounted to $65,754 per ton, which is down by -54.4% against the previous year. Over the period under review, the export price, however, continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 97%. As a result, the export price reached the peak level of $144,170 per ton, and then declined significantly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($251,620 per ton), while the average price for exports to Venezuela ($18,551 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.

Antibiotic Imports in Colombia

In 2022, overseas purchases of antibiotics increased by 25% to 2.7K tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, antibiotic imports soared to $96M in 2022. The total import value increased at an average annual rate of +6.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 29%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Antibiotic in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China56.345.361.173.29.1%
India7.85.57.77.6-0.9%
Spain4.73.36.26.511.4%
Mexico4.14.92.65.17.5%
Others5.44.54.33.3-15.1%
Total78.363.581.995.66.9%

Top Suppliers of Antibiotic to Colombia in 2022:

  1. China (2383.0 tons)
  2. Mexico (132.8 tons)
  3. Spain (96.9 tons)
  4. India (52.3 tons)

Antibiotic Exports in Colombia

In 2022, overseas shipments of antibiotics increased by 17% to 6.5 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a precipitous decline.

In value terms, antibiotic exports contracted dramatically to $425K in 2022. In general, exports, however, faced a precipitous shrinkage. The growth pace was the most rapid in 2021 with an increase of 4.7%.

Export of Antibiotic in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/AN/AN/A2990%
PanamaN/A11.912.060.3125.1%
Venezuela2.5N/A2.145.4162.8%
UruguayN/AN/AN/A18.30%
Free Zones191N/AN/AN/A0%
Switzerland47.370.3N/AN/A48.6%
PeruN/A63576.0N/A-88.0%
China762N/A181N/A-51.3%
Guatemala150N/A1.0N/A-91.8%
IndiaN/AN/A522N/A0%
Mexico39.4N/AN/AN/A0%
Others29.544.22.11.7-61.4%
Total1,221761796425-29.7%

Top Export Markets for Antibiotic from Colombia in 2022:

  1. Panama (2.7 tons)
  2. Venezuela (2.4 tons)
  3. Spain (1.2 tons)
  4. Uruguay (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the antibiotic market in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 21105400 - Antibiotics

Country coverage:

  • Colombia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Colombia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Blog
Event
Import Markets for Antibiotics: Key Statistics and Market Dynamics
Dec 19, 2023
Eye 227

Discover the top import markets for antibiotics across the world, including India, Italy, Germany, and the United States. Gain insights into key statistics and market dynamics in these countries. IndexBox Market Intelligence platform provides accurate and up-to-date data for informed decision-making.

Which Country Imports the Most Antibiotics in the World?
May 28, 2018
Eye 613

In 2016, the global antibiotic imports stood at X tons, reducing by -X% against the previous year level. Overall, antibiotic imports continue to indicate a temperate setback. The pace of growt...

Which Country Exports the Most Antibiotics in the World?
May 28, 2018
Eye 1471

In 2016, the global antibiotic imports stood at X tons, reducing by -X% against the previous year level. Overall, antibiotic imports continue to indicate a temperate setback. The pace of growt...

Antibiotics Market - China and India Advanced on the Global Antibiotics Market
Oct 24, 2016
Eye 2687

The global trade in antibiotics amounted to X 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

China’s Exports of Antibiotics Keep Rising, So Do Antibiotic Resistance Issues
Aug 6, 2015
Eye 1371

China is one of the largest global producers and consumers of antibiotics. In 2014, China exported X% of its total antibiotics output. Of this amount, X% was supplied to India, where Chinese antibiotics held a X% share of total India's consumption

Switzerland’s Exports of Antibiotics Shrunk by 23% in 2014
Jul 13, 2015
Eye 932

Switzerland is one of the leaders in the global antibiotics trade. However, in 2014, Switzerland exported X tons of antibiotics totaling X billion USD, a full X% under the previous year. Its primary trading partner was Germany, where it suppli

Import Markets for Antibiotics: Key Statistics and Market Dynamics
Dec 19, 2023
Eye 227

Discover the top import markets for antibiotics across the world, including India, Italy, Germany, and the United States. Gain insights into key statistics and market dynamics in these countries. IndexBox Market Intelligence platform provides accurate and up-to-date data for informed decision-making.

Which Country Imports the Most Antibiotics in the World?
May 28, 2018
Eye 613

In 2016, the global antibiotic imports stood at X tons, reducing by -X% against the previous year level. Overall, antibiotic imports continue to indicate a temperate setback. The pace of growt...

Which Country Exports the Most Antibiotics in the World?
May 28, 2018
Eye 1471

In 2016, the global antibiotic imports stood at X tons, reducing by -X% against the previous year level. Overall, antibiotic imports continue to indicate a temperate setback. The pace of growt...

Antibiotics Market - China and India Advanced on the Global Antibiotics Market
Oct 24, 2016
Eye 2687

The global trade in antibiotics amounted to X 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

Free Data: Antibiotics - Colombia