Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Ghana - 2022

Contents:

  1. Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Ghana (CIF) - 2022
  2. Imports of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Ghana

Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Ghana (CIF) - 2022

The average import price for antibiotics; chloramphenicol and its derivatives; salts thereoves stood at $38,938 per ton in 2022, which is down by -20.7% against the previous year. Overall, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for antibiotics; chloramphenicol and its derivatives; salts thereoves decreased by -39.0% against 2020 indices. The pace of growth was the most pronounced in 2014 an increase of 36%. Over the period under review, average import prices hit record highs at $63,836 per ton in 2020; however, from 2021 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 ($79,800 per ton), while the price for Germany ($37,273 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Ghana

In 2022, supplies from abroad of antibiotics; chloramphenicol and its derivatives; salts thereoves decreased by -18.5% to 42 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +15.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 54%.

In value terms, imports of antibiotics; chloramphenicol and its derivatives; salts thereoves fell notably to $1.6M in 2022. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 61% against the previous year. As a result, imports reached the peak of $2.6M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,4352,0681,9561,4640.7%
India67.949149399.913.7%
Germany12460.159.257.6-22.6%
Others3.51.20.60.6-44.4%
Total1,6312,6202,5091,622-0.2%

Top Suppliers of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof to Ghana in 2022:

  1. China (38.8 tons)
  2. Germany (1.5 tons)
  3. India (1.3 tons)

Source: IndexBox Market Intelligence Platform

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