Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Chile - 2024

Contents:

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

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

In 2022, the average import price for antibiotics; erythromycin and its derivatives; salts thereoves amounted to $175,375 per ton, dropping by -1.9% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by 43% against the previous year. Over the period under review, average import prices hit record highs at $203,311 per ton in 2019; however, from 2020 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 Ireland ($337,465 per ton), while the price for China ($170,188 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Imports of antibiotics; erythromycin and its derivatives; salts thereoves into Chile surged to 15 tons in 2022, growing by 50% compared with 2021 figures. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +19.6% 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 +71.3% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of antibiotics; erythromycin and its derivatives; salts thereoves skyrocketed to $2.7M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.9% 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 +58.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,3251,3391,5432,39421.8%
Ireland26.233.250.187.749.6%
India33411484.460.3-43.5%
Peru70.667.763.159.9-5.3%
Pakistan16.610325.649.343.7%
Others30.327.744.912.3-26.0%
Total1,8031,6851,8122,66313.9%

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

  1. China (14.1 tons)
  2. Pakistan (0.3 tons)
  3. Ireland (0.3 tons)
  4. India (0.3 tons)
  5. Peru (0.3 tons)

Source: IndexBox Market Intelligence Platform

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