Singapore - Medicaments Containing Penicillins Or Derivatives Thereof - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Singapore - Medicaments Containing Penicillins Or Derivatives Thereof - Market Analysis, Forecast, Size, Trends And Insights

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Medicaments Containing Penicillin Price in Singapore - 2022

Contents:

  1. Medicaments Containing Penicillin Price in Singapore (FOB) - 2022
  2. Medicaments Containing Penicillin Price in Singapore (CIF) - 2022
  3. Medicaments Containing Penicillin Exports in Singapore
  4. Medicaments Containing Penicillin Imports in Singapore

Medicaments Containing Penicillin Price in Singapore (FOB) - 2022

In 2022, the average medicaments containing penicillin export price amounted to $163,360 per ton, with an increase of 6.2% against the previous year. Over the period under review, the export price posted strong growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 56% against the previous year. As a result, the export price reached the peak level of $175,206 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($369,010 per ton), while the average price for exports to Myanmar ($15,324 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 Brunei Darussalam (+33.9%), while the prices for the other major destinations experienced more modest paces of growth.

Medicaments Containing Penicillin Price in Singapore (CIF) - 2022

The average medicaments containing penicillin import price stood at $127,937 per ton in 2022, reducing by -30% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, medicaments containing penicillin import price decreased by -37.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 an increase of 26% against the previous year. As a result, import price reached the peak level of $205,200 per ton. From 2021 to 2022, the average 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 Indonesia ($554,094 per ton), while the price for Malaysia ($11,265 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+46.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Medicaments Containing Penicillin Exports in Singapore

In 2022, exports of medicaments containing penicillins or derivatives thereof from Singapore fell significantly to 228 kg, waning by -70.4% against the year before. Over the period under review, exports recorded a dramatic setback. The smallest decline of -48.8% was in 2020.

In value terms, medicaments containing penicillin exports declined markedly to $37K in 2022. Overall, exports showed a significant contraction. The smallest decline of -36.9% was in 2020.

Export of Medicaments Containing Penicillin in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand99.918934.510.5-52.8%
Saudi Arabia16714223.56.5-66.1%
South Korea2030.412.74.7-71.5%
New Zealand36.740.78.93.2-55.7%
Hong Kong SAR10.717.19.32.8-36.0%
Myanmar54.144.07.01.9-67.3%
United Kingdom46.31.44.21.3-69.6%
Brunei Darussalam27.92.22.60.8-69.4%
United Arab Emirates2411490.80.3-89.2%
Angola81.0N/AN/AN/A0%
Others15112015.15.2-67.5%
Total1,12070611937.3-67.8%

Top Export Markets for Medicaments Containing Penicillin from Singapore in 2022:

  1. Myanmar (123.0 kg)
  2. Thailand (29.0 kg)
  3. Saudi Arabia (23.0 kg)
  4. South Korea (14.0 kg)
  5. New Zealand (10.0 kg)
  6. Hong Kong SAR (9.0 kg)
  7. United Kingdom (5.0 kg)
  8. Brunei Darussalam (4.0 kg)

Medicaments Containing Penicillin Imports in Singapore

In 2022, medicaments containing penicillin imports into Singapore skyrocketed to 4.1 tons, growing by 34% against the previous year's figure. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +15.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, medicaments containing penicillin imports declined to $525K in 2022. The total import value increased at an average annual rate of +6.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year. As a result, imports reached the peak of $559K, and then reduced in the following year.

Import of Medicaments Containing Penicillin in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China18228231027314.5%
United Kingdom11433.128.277.1-12.2%
South Korea57.281.280.063.53.5%
Australia18.512.732.128.515.5%
Pakistan16.622.922.017.00.8%
Greece5.67.513.411.928.6%
Malaysia13.410.912.010.6-7.5%
Others24.540.961.743.220.8%
Total4324915595256.7%

Top Suppliers of Medicaments Containing Penicillin to Singapore in 2022:

  1. United Kingdom (1260.0 kg)
  2. Malaysia (938.0 kg)
  3. China (891.0 kg)
  4. Pakistan (417.0 kg)
  5. South Korea (205.0 kg)
  6. Australia (128.0 kg)
  7. Greece (100.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the medicaments containing penicillin market in Singapore. 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 21201130 - Medicaments containing penicillins or derivatives thereof, with a penicillanic acid structure, or streptomycins or their derivatives, for therapeutic or prophylactic uses, n.p.r.s.

Country coverage:

  • Singapore

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Singapore
  • 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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