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

Contents:

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

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

In 2022, the average import price for antibiotics; erythromycin and its derivatives; salts thereoves amounted to $47,625 per ton, picking up by 11% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 24% against the previous year. Over the period under review, average import prices reached the peak figure at $49,671 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($75,573 per ton), while the price for India amounted to $47,012 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for antibiotics; erythromycin and its derivatives; salts thereoves amounted to $74,646 per ton, approximately mirroring the previous year. Overall, the export price, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2014 when the average export price increased by 87%. As a result, the export price attained the peak level of $212,613 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Tanzania amounted to -1.0% per year.

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

In 2022, approx. 26 tons of antibiotics; erythromycin and its derivatives; salts thereoves were imported into Kenya; reducing by -36.9% compared with the previous year's figure. Over the period under review, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 118%. As a result, imports attained the peak of 41 tons, and then fell markedly in the following year.

In value terms, imports of antibiotics; erythromycin and its derivatives; salts thereoves reduced notably to $1.2M in 2022. Overall, imports saw a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 89%.

Import of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1,6528601,6421,178-10.7%
China14038.030.243.8-32.1%
DenmarkN/A27.261.7N/A126.8%
Others1.61.213.90.6-27.9%
Total1,7949271,7481,222-12.0%

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

  1. India (25.1 tons)
  2. China (0.6 tons)

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

In 2022, exports of antibiotics; erythromycin and its derivatives; salts thereoves from Kenya skyrocketed to 147 kg, growing by 35% on the year before. In general, exports, however, continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 58% against the previous year.

In value terms, exports of antibiotics; erythromycin and its derivatives; salts thereoves skyrocketed to $11K in 2022. Overall, exports, however, saw a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 48% against the previous year.

Export of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tanzania19.45.44.211.0-17.2%
NigeriaN/AN/A2.0N/A0%
OthersN/AN/A1.8N/A0%
Total19.45.48.111.0-17.2%

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

  1. Tanzania (147.0 kg)

Source: IndexBox Market Intelligence Platform

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