Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Latvia - 2023

Contents:

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

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

The average export price for antibiotics; chloramphenicol and its derivatives; salts thereoves stood at $1,878,000 per ton in 2022, picking up by 1,901% against the previous year. In general, the export price enjoyed a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2014 to 2022, the rate of growth in terms of prices for Russia amounted to +30.9% per year.

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

The average import price for antibiotics; chloramphenicol and its derivatives; salts thereoves stood at $77,385 per ton in 2022, declining by -18.7% against the previous year. Overall, the import price showed a mild setback. The growth pace was the most rapid in 2014 an increase of 962%. As a result, import price reached the peak level of $116,812 per ton. From 2015 to 2022, the average import prices remained at a somewhat 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 Germany ($113,833 per ton), while the price for Lithuania amounted to $46,143 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+11.2%).

Exports of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Latvia

After three years of growth, overseas shipments of antibiotics; chloramphenicol and its derivatives; salts thereoves decreased by -87.5% to 1 kg in 2022. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 700% against the previous year. As a result, the exports attained the peak of 8 kg, and then declined markedly in the following year.

In value terms, exports of antibiotics; chloramphenicol and its derivatives; salts thereoves surged to $1.9K in 2022. Over the period under review, exports, however, enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Russia (1.0 kg)

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

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 -85.2% to 13 kg. Over the period under review, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 675% against the previous year.

In value terms, imports of antibiotics; chloramphenicol and its derivatives; salts thereoves contracted remarkably to $1K in 2022. Overall, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,096% against the previous year.

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

1. Lithuania (7.0 kg)
2. Germany (6.0 kg)

Source: IndexBox Market Intelligence Platform