Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Belarus - 2022

Contents:

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

Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Belarus (FOB) - 2022

In 2022, the average export price for antibiotics; erythromycin and its derivatives; salts thereoves amounted to $102,092 per ton, with an increase of 2% against the previous year. Overall, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for antibiotics; erythromycin and its derivatives; salts thereoves increased by +93.2% against 2015 indices. The most prominent rate of growth was recorded in 2016 an increase of 40%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +5.3% per year.

Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Belarus (CIF) - 2022

In 2022, the average import price for antibiotics; erythromycin and its derivatives; salts thereoves amounted to $133,099 per ton, declining by -5% against the previous year. In general, the import price recorded a pronounced reduction. The pace of growth appeared the most rapid in 2016 when the average import price increased by 110%. The import price peaked at $188,850 per ton in 2012; however, from 2013 to 2022, import prices stood 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 ($348,000 per ton), while the price for the Netherlands ($59,636 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Belarus

For the fourth consecutive year, Belarus recorded growth in overseas shipments of antibiotics; erythromycin and its derivatives; salts thereoves, which increased by 18% to 5.3 tons in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +18.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 19%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, exports of antibiotics; erythromycin and its derivatives; salts thereoves skyrocketed to $544K in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 20%. The exports peaked in 2022 and are likely to continue growth in the near future.

Top Export Markets for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof from Belarus in 2022:

1. Russia (5.3 tons)

Imports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Belarus

In 2022, imports of antibiotics; erythromycin and its derivatives; salts thereoves into Belarus reached 664 kg, almost unchanged from the year before. In general, imports, however, continue to indicate a drastic downturn. The growth pace was the most rapid in 2020 when imports increased by 217%. As a result, imports reached the peak of 3.3 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of antibiotics; erythromycin and its derivatives; salts thereoves reduced to $88K in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 319%. As a result, imports reached the peak of $374K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof to Belarus in 2022:

1. China (453.0 kg)
2. Russia (128.0 kg)
3. Netherlands (33.0 kg)
4. United States (23.0 kg)
5. India (15.0 kg)

Source: IndexBox Market Intelligence Platform