Thailand - Antibiotics - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

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

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Antibiotic Price in Thailand - 2023

Contents:

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

Antibiotic Price in Thailand (CIF) - 2023

The average antibiotic import price stood at $37,195 per ton in September 2023, increasing by 1.8% against the previous month. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in May 2023 an increase of 9.9% m-o-m. Over the period under review, average import prices attained the peak figure at $40,731 per ton in December 2022; however, from January 2023 to September 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was India ($61,749 per ton), while the price for China stood at $34,941 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by India (+3.9%).

Antibiotic Price in Thailand (FOB) - 2023

In September 2023, the average antibiotic export price amounted to $67,353 per ton, with an increase of 22% against the previous month. Overall, export price indicated measured growth from September 2022 to September 2023: its price increased at an average monthly rate of +2.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, antibiotic export price increased by +21.9% against August 2023 indices. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 56% month-to-month. The export price peaked at $88,543 per ton in December 2022; however, from January 2023 to September 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($93,532 per ton), while the average price for exports to Peru ($51,452 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.

Antibiotic Imports in Thailand

In 2022, overseas purchases of antibiotics decreased by -27.3% to 3.4K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +10.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 67%.

In value terms, antibiotic imports dropped to $138M in 2022. The total import value increased at an average annual rate of +4.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. As a result, imports attained the peak of $154M, and then contracted in the following year.

Import of Antibiotic in Thailand (Million USD)
COUNTRY201920202021CAGR,
2019-2021
China80.388.410614.9%
India19.721.426.315.5%
Italy3.85.26.126.7%
Spain6.34.25.0-10.9%
Others12.211.810.3-8.1%
Total12213115412.4%

Top Suppliers of Antibiotic to Thailand in 2022:

  1. China (3291.0 tons)
  2. India (814.1 tons)
  3. Spain (189.5 tons)
  4. Italy (84.0 tons)

Antibiotic Exports in Thailand

In 2022, the amount of antibiotics exported from Thailand skyrocketed to 170 tons, jumping by 43% against the previous year. In general, exports, however, showed a precipitous curtailment.

In value terms, antibiotic exports surged to $9M in 2022. Over the period under review, exports, however, recorded a deep setback.

Export of Antibiotic in Thailand (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
MozambiqueN/A9301,0058.1%
India1,513948984-19.4%
Vietnam8,2424,793943-66.2%
Pakistan1,6061,184824-28.4%
Indonesia33530344014.6%
Philippines15.5N/A381395.8%
South Africa398346322-10.1%
BelgiumN/A551284-48.5%
Peru1030.126460.1%
Bangladesh287392205-15.5%
Malaysia340184190-25.2%
China31144959.6-56.2%
Cambodia2983889.0-82.6%
Others2,2162,938857-37.8%
Total15,66513,4066,767-34.3%

Top Export Markets for Antibiotic from Thailand in 2022:

  1. Vietnam (40.4 tons)
  2. India (18.9 tons)
  3. Mozambique (18.9 tons)
  4. Pakistan (15.7 tons)
  5. Philippines (6.7 tons)
  6. South Africa (6.1 tons)
  7. Indonesia (4.6 tons)
  8. Peru (4.6 tons)
  9. Belgium (3.6 tons)
  10. Bangladesh (2.9 tons)
  11. China (2.9 tons)
  12. Malaysia (2.7 tons)
  13. Cambodia (1.9 tons)

Source: IndexBox Market Intelligence Platform

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

  • Thailand

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Thailand
  • 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
Store
Blog
Event
Thailand's Antibiotic Price Declines 2%, Averaging $35.3 per kg
Jun 18, 2023
Eye 392

In April 2023, the antibiotic price amounted to $35,261 per ton (CIF, Thailand), with a decrease of -1.7% against the previous month.

Import Markets for Antibiotics: Key Statistics and Market Dynamics
Dec 19, 2023
Eye 220

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 611

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 1470

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 2685

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 1370

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 931

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

Thailand's Antibiotic Price Declines 2%, Averaging $35.3 per kg
Jun 18, 2023
Eye 392

In April 2023, the antibiotic price amounted to $35,261 per ton (CIF, Thailand), with a decrease of -1.7% against the previous month.

Import Markets for Antibiotics: Key Statistics and Market Dynamics
Dec 19, 2023
Eye 220

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 611

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 - Thailand