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

Contents:

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

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

In 2022, the average import price for antibiotics; erythromycin and its derivatives; salts thereoves amounted to $422,237 per ton, reducing by -13.7% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 43%. As a result, import price attained the peak level of $489,017 per ton, and then shrank in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($423,633 per ton), while the price for Germany stood at $392,267 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+2.9%), while the prices for the other major suppliers experienced a decline.

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

For the third year in a row, Hungary recorded decline in overseas purchases of antibiotics; erythromycin and its derivatives; salts thereoves, which decreased by -51.5% to 583 kg in 2022. Over the period under review, imports showed a dramatic decline. The smallest decline of -3% was in 2020.

In value terms, imports of antibiotics; erythromycin and its derivatives; salts thereoves reduced sharply to $246K in 2022. In general, imports recorded a dramatic contraction. The smallest decline of -2.1% was in 2020.

Import of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1,3251,362579240-43.4%
Germany0.90.63.65.987.2%
Others66.10.35.70.1-88.5%
Total1,3921,363588246-43.9%

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

  1. India (567.0 kg)
  2. Germany (15.0 kg)

Source: IndexBox Market Intelligence Platform

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