South Africa - Antibiotics - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

South Africa - Antibiotics - Market Analysis, Forecast, Size, Trends And Insights

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Antibiotic Price in South Africa - 2023

Contents:

  1. Antibiotic Price in South Africa (CIF) - 2023
  2. Antibiotic Price in South Africa (FOB) - 2023
  3. Antibiotic Imports in South Africa
  4. Antibiotic Exports in South Africa

Antibiotic Price in South Africa (CIF) - 2023

The average antibiotic import price stood at $20,562 per ton in July 2023, with an increase of 68% against the previous month. Over the period under review, the import price, however, saw a deep slump. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 277% against the previous month. The import price peaked at $39,014 per ton in December 2022; however, from January 2023 to July 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was China ($21,961 per ton), while the price for Bulgaria ($8,257 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (+10.9%), while the prices for the other major suppliers experienced a decline.

Antibiotic Price in South Africa (FOB) - 2023

In July 2023, the average antibiotic export price amounted to $9,768 per ton, jumping by 206% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The export price peaked at $18,591 per ton in December 2022; however, from January 2023 to July 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Zimbabwe ($19,011 per ton), while the average price for exports to Mozambique ($2,630 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malawi (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.

Antibiotic Imports in South Africa

In 2022, supplies from abroad of antibiotics decreased by -81.9% to 236 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a sharp downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 30% against the previous year. As a result, imports reached the peak of 1.8K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, antibiotic imports dropped sharply to $12M in 2022. Over the period under review, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 20%.

Import of Antibiotic in South Africa (Million USD)
COUNTRY201920202021CAGR,
2019-2021
China6.37.111.535.1%
India0.70.27.0216.2%
Italy4.04.74.78.4%
BulgariaN/AN/A0.70%
United States0.70.2N/A-71.4%
Netherlands0.51.0N/A100.0%
Others7.210.01.1-60.9%
Total19.423.325.013.5%

Top Suppliers of Antibiotic to South Africa in 2022:

  1. China (715.3 tons)
  2. India (254.2 tons)
  3. Bulgaria (225.0 tons)
  4. Italy (103.1 tons)
  5. United States (5.5 tons)
  6. Netherlands (4.2 tons)

Antibiotic Exports in South Africa

In 2022, approx. 57 tons of antibiotics were exported from South Africa; which is down by -68.3% on 2021. Overall, exports recorded a sharp shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 17%.

In value terms, antibiotic exports soared to $2.6M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +17.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.2% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Antibiotic in South Africa (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Namibia8321,2761,38729.1%
Zimbabwe57.313713151.2%
GuatemalaN/AN/A1110%
Malawi71.475.778.64.9%
Zambia36015.765.4-57.4%
Mozambique4.753.857.4249.5%
Swaziland40.26.213.3-42.5%
Others26711968.8-49.2%
Total1,6321,6841,9138.3%

Top Export Markets for Antibiotic from South Africa in 2022:

  1. Namibia (88.9 tons)
  2. Zimbabwe (21.0 tons)
  3. Mozambique (18.8 tons)
  4. Malawi (9.9 tons)
  5. Zambia (9.8 tons)
  6. Guatemala (4.5 tons)
  7. Swaziland (0.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the antibiotic market in South Africa. 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:

  • South Africa

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in South Africa
  • 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
South Africa Experiences 12% Surge in Antibiotic Costs, Averaging $13.7 per kg
Aug 15, 2023
Eye 364

In May 2023, the price of the Antibiotic was $13,674 per ton (CIF, South Africa), representing a 12% increase compared to the previous month.

Import Markets for Antibiotics: Key Statistics and Market Dynamics
Dec 19, 2023
Eye 218

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 610

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 1468

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 2683

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 1368

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 929

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

South Africa Experiences 12% Surge in Antibiotic Costs, Averaging $13.7 per kg
Aug 15, 2023
Eye 364

In May 2023, the price of the Antibiotic was $13,674 per ton (CIF, South Africa), representing a 12% increase compared to the previous month.

Import Markets for Antibiotics: Key Statistics and Market Dynamics
Dec 19, 2023
Eye 218

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 610

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...

Free Data: Antibiotics - South Africa