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

Contents:

  1. Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Morocco (CIF) - 2023
  2. Imports of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Morocco

Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Morocco (CIF) - 2023

In June 2023, the average import price for antibiotics; chloramphenicol and its derivatives; salts thereoves amounted to $58,274 per ton, standing approximately at the previous month. Overall, the import price, however, continues to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in September 2022 when the average import price increased by 1,602% against the previous month. As a result, import price attained the peak level of $1.3M per ton. From October 2022 to June 2023, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From June 2022 to June 2023, the rate of growth in terms of prices for China amounted to -2.2% per month.

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

Imports of antibiotics; chloramphenicol and its derivatives; salts thereoves into Morocco surged to 17 tons in 2022, jumping by 29% against 2021 figures. The total import volume increased at an average annual rate of +10.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 30%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of antibiotics; chloramphenicol and its derivatives; salts thereoves surged to $1.5M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.9% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 37%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

Import of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8141,1831,0611,44621.1%
Spain80.565.050.229.9-28.1%
Netherlands23.521.015.029.07.3%
Italy21.821.219.618.4-5.5%
Others1.32.90.90.9-11.5%
Total9411,2931,1471,52417.4%

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

  1. China (15.8 tons)
  2. Spain (0.6 tons)
  3. Italy (0.5 tons)
  4. Netherlands (0.5 tons)

Source: IndexBox Market Intelligence Platform

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