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

Contents:

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

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

The average import price for antibiotics; erythromycin and its derivatives; salts thereoves stood at $183,736 per ton in 2022, falling by -23.8% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 52% against the previous year. Over the period under review, average import prices hit record highs at $241,118 per ton in 2021, and then shrank sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($366,583 per ton), while the price for Peru ($17,710 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for antibiotics; erythromycin and its derivatives; salts thereoves amounted to $23,000 per ton, which is down by -14.8% against the previous year. Over the period under review, the export price saw a precipitous descent. The pace of growth appeared the most rapid in 2019 an increase of 71% against the previous year. Over the period under review, the average export prices attained the maximum at $781,600 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the Dominican Republic amounted to -27.5% per year.

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

In 2022, imports of antibiotics; erythromycin and its derivatives; salts thereoves into Ecuador surged to 4.3 tons, jumping by 40% on the previous year's figure. The total import volume increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 rose significantly to $785K in 2022. The total import value increased at an average annual rate of +7.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 41%. As a result, imports attained the peak of $887K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China23057849564941.3%
Switzerland11810186.944.3-27.9%
Argentina91.683.374.739.6-24.4%
Peru35.633.231.117.3-21.4%
Spain2.213.516.711.473.0%
Italy8.79.911.49.84.0%
India10355.518.18.6-56.3%
Thailand19.010.23.02.0-52.8%
Others20.33.30.72.7-49.0%
Total6288877387857.7%

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

  1. China (2492.0 kg)
  2. Peru (975.0 kg)
  3. Switzerland (398.0 kg)
  4. Spain (114.0 kg)
  5. Argentina (108.0 kg)
  6. Italy (68.0 kg)
  7. India (47.0 kg)
  8. Thailand (45.0 kg)

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

In 2022, the amount of antibiotics; erythromycin and its derivatives; salts thereoves exported from Ecuador totaled 1 kg, flattening at 2021 figures. Overall, exports saw a relatively flat trend pattern. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, exports of antibiotics; erythromycin and its derivatives; salts thereoves fell to $23 in 2022. In general, exports faced a abrupt setback. The smallest decline of -11.4% was in 2020.

Export of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Ecuador (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Dominican Republic35.031.027.023.0-13.1%
OthersN/AN/AN/AN/A0%
Total35.031.027.023.0-13.1%

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

  1. Dominican Republic (1.0 kg)

Source: IndexBox Market Intelligence Platform

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