Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Hong Kong SAR - 2022

Contents:

  1. Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Hong Kong SAR (CIF) - 2022
  2. Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Hong Kong SAR (FOB) - 2022
  3. Imports of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Hong Kong SAR
  4. Exports of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Hong Kong SAR

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

In 2022, the average import price for antibiotics; chloramphenicol and its derivatives; salts thereoves amounted to $71,678 per ton, declining by -10.1% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 58%. Over the period under review, average import prices reached the maximum at $86,173 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($886,667 per ton), while the price for Singapore ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+20.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Hong Kong SAR (FOB) - 2022

The average export price for antibiotics; chloramphenicol and its derivatives; salts thereoves stood at $61,591 per ton in 2022, reducing by -17.6% against the previous year. Overall, the export price recorded a mild decrease. The most prominent rate of growth was recorded in 2021 an increase of 32% against the previous year. As a result, the export price attained the peak level of $74,706 per ton, and then reduced notably in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($165,148 per ton), while the average price for exports to India ($25,234 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 the Netherlands (+10.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Hong Kong SAR

In 2022, after three years of growth, there was significant decline in supplies from abroad of antibiotics; chloramphenicol and its derivatives; salts thereoves, when their volume decreased by -59.7% to 482 kg. In general, imports, however, showed a strong expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 96%.

In value terms, imports of antibiotics; chloramphenicol and its derivatives; salts thereoves dropped dramatically to $35K in 2022. Overall, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 189%. As a result, imports attained the peak of $95K, and then dropped sharply in the following year.

Import of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China17.029.987.031.723.1%
Others1.83.08.32.917.2%
Total18.832.995.334.522.4%

Top Suppliers of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof to Hong Kong SAR in 2022:

  1. China (468.0 kg)

Exports of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Hong Kong SAR

Exports of antibiotics; chloramphenicol and its derivatives; salts thereoves from Hong Kong SAR reduced markedly to 252 kg in 2022, with a decrease of -95.3% on 2021. Overall, exports showed a sharp slump. The growth pace was the most rapid in 2021 with an increase of 368%.

In value terms, exports of antibiotics; chloramphenicol and its derivatives; salts thereoves reduced remarkably to $16K in 2022. Over the period under review, exports showed a sharp descent. The pace of growth appeared the most rapid in 2021 with an increase of 518% against the previous year.

Export of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands94.936.910310.1-52.6%
India29015.639.83.6-76.8%
Philippines16.64.810.00.7-65.2%
Malaysia19.95.711.70.7-67.2%
Bangladesh2.40.82.10.2-56.3%
EcuadorN/AN/A22.0N/A0%
Colombia71.7N/AN/AN/A0%
SpainN/AN/A178N/A0%
Others11.91.637.60.2-74.4%
Total50765.440415.5-68.7%

Top Export Markets for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof from Hong Kong SAR in 2022:

  1. India (141.0 kg)
  2. Netherlands (61.0 kg)
  3. Malaysia (27.0 kg)
  4. Philippines (12.0 kg)
  5. Bangladesh (6.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Antibiotics; chloramphenicol and its derivatives; salts thereof - Hong Kong SAR