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

Contents:

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

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

In 2022, the average import price for antibiotics; erythromycin and its derivatives; salts thereoves amounted to $189,982 per ton, surging by 67% against the previous year. Over the period under review, the import price showed strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Bahrain ($198,228 per ton), while the price for Jordan ($49,986 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+24.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, purchases abroad of antibiotics; erythromycin and its derivatives; salts thereoves decreased by -45.2% to 4.2 tons, falling for the second year in a row after two years of growth. In general, imports, however, showed a mild increase. The pace of growth was the most pronounced in 2020 with an increase of 313% against the previous year. As a result, imports reached the peak of 17 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of antibiotics; erythromycin and its derivatives; salts thereoves contracted to $804K in 2022. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 355%. As a result, imports attained the peak of $1.9M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India19098516845533.8%
China12019498.317313.0%
Malaysia23.717.521.058.034.8%
United Arab Emirates38.456716155.312.9%
Qatar36.410311.731.4-4.8%
BahrainN/AN/A11.724.4108.5%
Jordan1.02.11.33.653.3%
CyprusN/AN/A13.8N/A0%
EgyptN/AN/A389N/A0%
Others2.13.41.94.024.0%
Total4121,87287880425.0%

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

  1. India (2308.0 kg)
  2. China (984.0 kg)
  3. Malaysia (294.0 kg)
  4. United Arab Emirates (281.0 kg)
  5. Qatar (160.0 kg)
  6. Bahrain (123.0 kg)
  7. Jordan (72.0 kg)

Source: IndexBox Market Intelligence Platform

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