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

Contents:

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

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

The average export price for antibiotics; erythromycin and its derivatives; salts thereoves stood at $107,916 per ton in 2022, with an increase of 46% against the previous year. Over the period under review, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 an increase of 60%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($216,579 per ton), while the average price for exports to Mexico ($47,330 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 Hong Kong SAR (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for antibiotics; erythromycin and its derivatives; salts thereoves amounted to $60,941 per ton, surging by 37% against the previous year. In general, the import price showed a relatively flat trend pattern. The import price peaked at $62,676 per ton in 2017; however, from 2018 to 2022, import prices remained at a 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 India ($101,673 per ton), while the price for the United States ($47,785 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, shipments abroad of antibiotics; erythromycin and its derivatives; salts thereoves increased by 0.8% to 95 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a noticeable reduction.

In value terms, exports of antibiotics; erythromycin and its derivatives; salts thereoves surged to $10M in 2022. The total export value increased at an average annual rate of +8.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Singapore (20.1 tons)
2. Denmark (19.1 tons)
3. Egypt (8.7 tons)
4. United States (6.3 tons)
5. Vietnam (5.9 tons)
6. United Kingdom (4.7 tons)
7. Hong Kong SAR (4.2 tons)
8. Germany (3.5 tons)
9. Cyprus (3.3 tons)
10. Indonesia (2.6 tons)
11. Ireland (2.4 tons)
12. Mexico (2.3 tons)
13. France (2.1 tons)

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

Imports of antibiotics; erythromycin and its derivatives; salts thereoves into Malaysia skyrocketed to 96 tons in 2022, with an increase of 45% compared with the previous year. Over the period under review, total imports indicated a modest increase from 2019 to 2022: its volume increased at an average annual rate of +1.8% 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 decreased by -26.8% against 2020 indices.

In value terms, imports of antibiotics; erythromycin and its derivatives; salts thereoves skyrocketed to $5.9M in 2022. Overall, total imports indicated pronounced growth from 2019 to 2022: its value increased at an average annual rate of +4.5% 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 decreased by -1.4% against 2020 indices.

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

1. China (82.3 tons)
2. United States (6.8 tons)
3. India (3.6 tons)
4. Thailand (2.9 tons)

Source: IndexBox Market Intelligence Platform