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

Contents:

  1. Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Mexico (CIF) - 2023
  2. Imports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Mexico

Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Mexico (CIF) - 2023

The average import price for antibiotics; erythromycin and its derivatives; salts thereoves stood at $53,361 per ton in August 2023, shrinking by -84.9% against the previous month. Over the period under review, the import price continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in July 2023 an increase of 211% month-to-month. As a result, import price reached the peak level of $354K per ton, and then contracted rapidly in the following month.

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

From January 2023 to August 2023, the rate of growth in terms of prices for China amounted to +0.3% per month.

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

In 2022, the amount of antibiotics; erythromycin and its derivatives; salts thereoves imported into Mexico surged to 42 tons, increasing by 111% compared with the previous year. Over the period under review, imports, however, recorded a noticeable setback.

In value terms, imports of antibiotics; erythromycin and its derivatives; salts thereoves skyrocketed to $8.4M in 2022. Overall, imports continue to indicate modest growth.

Import of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.05.92.56.215.7%
India2.83.71.02.3-6.3%
Malaysia1.22.1N/AN/A75.0%
OthersN/AN/AN/AN/A0%
Total8.011.83.58.41.6%

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

  1. China (25.5 tons)
  2. India (16.6 tons)

Source: IndexBox Market Intelligence Platform

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