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

Contents:

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

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

The average import price for antibiotics; chloramphenicol and its derivatives; salts thereoves stood at $33,417 per ton in 2022, declining by -9.6% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.0% 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 increased by +35.4% against 2018 indices. The pace of growth was the most pronounced in 2019 an increase of 39%. Over the period under review, average import prices reached the peak figure at $36,969 per ton in 2021, and then shrank in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($33,500 per ton), while the price for Belgium totaled $33,167 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+9.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, approx. 24 kg of antibiotics; chloramphenicol and its derivatives; salts thereoves were imported into Kuwait; declining by -25% compared with the previous year. Over the period under review, imports showed a precipitous decrease.

In value terms, imports of antibiotics; chloramphenicol and its derivatives; salts thereoves shrank sharply to $802 in 2022. In general, imports showed a sharp contraction.

Import of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.31.00.90.6-54.3%
Belgium1.10.30.30.2-43.3%
FranceN/A0.2N/AN/A0%
United Arab EmiratesN/A0.2N/AN/A0%
OthersN/AN/AN/AN/A0%
Total7.41.71.20.8-52.4%

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

  1. China (18.0 kg)
  2. Belgium (6.0 kg)

Source: IndexBox Market Intelligence Platform

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