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

Contents:

  1. Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in China (FOB) - 2022
  2. Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in China (CIF) - 2024
  3. Exports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in China
  4. Imports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in China

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

In 2022, the average export price for antibiotics; erythromycin and its derivatives; salts thereoves amounted to $109,535 per ton, picking up by 24% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.2%. The growth pace was the most rapid in 2016 an increase of 31% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($236,894 per ton), while the average price for exports to Jordan ($62,894 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 the Netherlands (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in China (CIF) - 2024

The average import price for antibiotics; erythromycin and its derivatives; salts thereoves stood at $299K per ton in August 2023, standing approximately at the previous month. In general, the import price saw a dramatic setback. As a result, import price attained the peak level of $2,674 per kg. From April 2023 to August 2023, the average import prices remained at a lower figure.

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

From March 2023 to August 2023, the rate of growth in terms of prices for India amounted to 0.0% per month.

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

In 2022, overseas shipments of antibiotics; erythromycin and its derivatives; salts thereoves were finally on the rise to reach 2K tons after two years of decline. In general, exports, however, showed a deep setback.

In value terms, exports of antibiotics; erythromycin and its derivatives; salts thereoves surged to $221M in 2022. Overall, exports, however, showed a relatively flat trend pattern.

Export of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India76.072.850.178.81.2%
Netherlands34.620.67.712.9-28.0%
Japan9.714.19.410.94.0%
Iran8.26.49.610.79.3%
South Korea9.86.36.510.31.7%
Pakistan6.87.65.910.214.5%
Romania4.94.22.69.524.7%
Spain7.05.76.46.6-1.9%
Thailand4.95.34.55.43.3%
Vietnam4.14.73.35.38.9%
Malaysia4.44.23.34.82.9%
Bangladesh3.43.24.53.72.9%
Jordan3.01.72.23.00.0%
Others47.948.948.549.00.8%
Total225206164221-0.6%

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

  1. India (938.5 tons)
  2. Netherlands (82.8 tons)
  3. Thailand (80.2 tons)
  4. Iran (79.0 tons)
  5. Japan (75.6 tons)
  6. South Korea (60.5 tons)
  7. Malaysia (59.9 tons)
  8. Pakistan (57.6 tons)
  9. Jordan (48.2 tons)
  10. Bangladesh (47.5 tons)
  11. Spain (44.1 tons)
  12. Romania (40.1 tons)
  13. Vietnam (38.2 tons)

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

In 2022, imports of antibiotics; erythromycin and its derivatives; salts thereoves into China skyrocketed to 11 tons, picking up by 59% against the previous year's figure. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 84% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of antibiotics; erythromycin and its derivatives; salts thereoves soared to $2.7M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +27.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +107.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 76% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1.32.11.42.524.4%
CroatiaN/A0.20.6N/A200.0%
CanadaN/AN/AN/AN/A0%
OthersN/AN/AN/A0.20%
Total1.32.32.02.727.6%

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

  1. India (8.4 tons)
  2. Canada (0.2 tons)

Source: IndexBox Market Intelligence Platform

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