Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Belgium - 2023

Contents:

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

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

In 2022, the average import price for antibiotics; erythromycin and its derivatives; salts thereoves amounted to $50,920 per ton, reducing by -9% against the previous year. Overall, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2013 an increase of 263% against the previous year. As a result, import price attained the peak level of $830,417 per ton. From 2014 to 2022, the average import prices remained at a 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 the Netherlands ($258,400 per ton), while the price for the United States ($48,357 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+19.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for antibiotics; erythromycin and its derivatives; salts thereoves amounted to $141,874 per ton, with a decrease of -33% against the previous year. Over the period under review, the export price saw a deep contraction. The growth pace was the most rapid in 2018 when the average export price increased by 177% against the previous year. Over the period under review, the average export prices reached the peak figure at $355,280 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($155,601 per ton), while the average price for exports to Egypt ($29,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+8.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

For the fourth consecutive year, Belgium recorded growth in overseas purchases of antibiotics; erythromycin and its derivatives; salts thereoves, which increased by 34% to 65 tons in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 80% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of antibiotics; erythromycin and its derivatives; salts thereoves soared to $3.3M in 2022. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 55% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in years to come.

Import of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.12.12.63.039.7%
ThailandN/AN/AN/A0.30%
India0.2N/A0.1N/A-29.3%
Others0.10.10.10.10.0%
Total1.42.22.73.333.1%

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

  1. United States (61.1 tons)
  2. Thailand (3.6 tons)

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

In 2022, approx. 16 tons of antibiotics; erythromycin and its derivatives; salts thereoves were exported from Belgium; increasing by 162% against the previous year's figure. Overall, exports posted a strong expansion. The pace of growth appeared the most rapid in 2020 with an increase of 365% against the previous year. As a result, the exports reached the peak of 52 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of antibiotics; erythromycin and its derivatives; salts thereoves soared to $2.3M in 2022. In general, exports, however, saw a mild decline. The most prominent rate of growth was recorded in 2020 with an increase of 508%. As a result, the exports reached the peak of $14M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.39.31.31.3-17.3%
FranceN/A5.0N/A1.0-55.3%
Others0.1N/AN/AN/A0%
Total2.414.31.32.3-1.4%

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

  1. United States (9.6 tons)
  2. France (6.3 tons)

Source: IndexBox Market Intelligence Platform

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