Philippines - Medicaments Containing Penicillins Or Derivatives Thereof - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMedicaments Containing Penicillin Price in the Philippines - 2023
Contents:
- Medicaments Containing Penicillin Price in the Philippines (CIF) - 2022
- Medicaments Containing Penicillin Price in the Philippines (FOB) - 2022
- Medicaments Containing Penicillin Imports in the Philippines
- Medicaments Containing Penicillin Exports in the Philippines
Medicaments Containing Penicillin Price in the Philippines (CIF) - 2022
In 2022, the average medicaments containing penicillin import price amounted to $11,045 per ton, surging by 16% against the previous year. Over the period under review, the import price continues to indicate a perceptible expansion. The most prominent rate of growth was recorded in 2016 an increase of 53% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Pakistan ($14,932 per ton), while the price for South Korea ($2,687 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Medicaments Containing Penicillin Price in the Philippines (FOB) - 2022
In 2022, the average medicaments containing penicillin export price amounted to $110,154 per ton, with a decrease of -26.6% against the previous year. Overall, the export price, however, posted a resilient increase. The growth pace was the most rapid in 2018 when the average export price increased by 541%. Over the period under review, the average export prices hit record highs at $150,184 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Marshall Islands ($438,793 per ton), while the average price for exports to Palau ($77,579 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 Micronesia (+28.4%), while the prices for the other major destinations experienced more modest paces of growth.
Medicaments Containing Penicillin Imports in the Philippines
In 2022, overseas purchases of medicaments containing penicillins or derivatives thereof were finally on the rise to reach 198 tons after two years of decline. Over the period under review, imports, however, saw a deep reduction.
In value terms, medicaments containing penicillin imports surged to $2.2M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Medicaments Containing Penicillin in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 733 | 897 | 476 | 1,089 | 14.1% |
Taiwan (Chinese) | 79.6 | 100 | 80.1 | 194 | 34.6% |
Pakistan | 295 | 242 | 126 | 155 | -19.3% |
Malaysia | 57.9 | 102 | 69.3 | 142 | 34.9% |
United States | 114 | 75.8 | 68.7 | 141 | 7.3% |
India | 61.7 | 145 | 72.7 | 98.0 | 16.7% |
South Korea | 28.4 | 25.9 | 14.9 | 26.1 | -2.8% |
Others | 148 | 254 | 170 | 338 | 31.7% |
Total | 1,518 | 1,843 | 1,078 | 2,182 | 12.9% |
Top Suppliers of Medicaments Containing Penicillin to the Philippines in 2022:
- China (85.0 tons)
- Taiwan (Chinese) (36.6 tons)
- United States (24.5 tons)
- Malaysia (11.9 tons)
- Pakistan (10.4 tons)
- South Korea (9.7 tons)
- India (8.9 tons)
Medicaments Containing Penicillin Exports in the Philippines
In 2022, after two years of decline, there was significant growth in overseas shipments of medicaments containing penicillins or derivatives thereof, when their volume increased by 255% to 429 kg. Over the period under review, exports, however, saw a precipitous decline.
In value terms, medicaments containing penicillin exports skyrocketed to $47K in 2022. In general, exports, however, saw a sharp shrinkage.
Export of Medicaments Containing Penicillin in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Palau | 18.8 | 45.4 | 10.6 | 26.7 | 12.4% |
Marshall Islands | 9.3 | 20.0 | 3.8 | 11.1 | 6.1% |
Micronesia | 3.6 | 10.7 | 3.8 | 9.5 | 38.2% |
Denmark | 103 | N/A | N/A | N/A | 0% |
Others | N/A | 0.2 | N/A | N/A | 0% |
Total | 134 | 76.3 | 18.2 | 47.3 | -29.3% |
Top Export Markets for Medicaments Containing Penicillin from the Philippines in 2022:
- Palau (344.0 kg)
- Micronesia (60.0 kg)
- Marshall Islands (25.0 kg)
This report provides an in-depth analysis of the medicaments containing penicillin market in the Philippines. 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:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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