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

Contents:

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

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

The average import price for antibiotics; chloramphenicol and its derivatives; salts thereoves stood at $37,651 per ton in 2022, shrinking by -61.5% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 596%. Over the period under review, average import prices reached the peak figure at $126,636 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 Japan ($742,667 per ton), while the price for Thailand ($14,816 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, after three years of growth, there was decline in overseas purchases of antibiotics; chloramphenicol and its derivatives; salts thereoves, when their volume decreased by -2.6% to 295 kg. Overall, imports, however, saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 86%. As a result, imports reached the peak of 303 kg, and then dropped modestly in the following year.

In value terms, imports of antibiotics; chloramphenicol and its derivatives; salts thereoves declined notably to $11K in 2022. Over the period under review, imports continue to indicate a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 1,194% against the previous year. As a result, imports reached the peak of $30K, and then contracted sharply in the following year.

Import of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/A7.87.3-6.4%
Japan15.3N/A19.52.2-47.6%
Thailand1.62.22.41.5-2.1%
OthersN/A0.1N/AN/A0%
Total16.92.329.611.1-13.1%

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

  1. China (188.0 kg)
  2. Thailand (103.0 kg)
  3. Japan (3.0 kg)

Source: IndexBox Market Intelligence Platform

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