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

Contents:

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

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

The average import price for antibiotics; erythromycin and its derivatives; salts thereoves stood at $71,815 per ton in 2022, jumping by 18% against the previous year. Over the period under review, the import price, however, continues to indicate a mild contraction. The growth pace was the most rapid in 2017 when the average import price increased by 45%. Over the period under review, average import prices reached the peak figure at $85,248 per ton in 2012; however, from 2013 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 India ($219,082 per ton), while the price for Thailand ($67,690 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for antibiotics; erythromycin and its derivatives; salts thereoves stood at $14,942 per ton in 2022, picking up by 4.6% against the previous year. Overall, the export price, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2014 an increase of 76%. As a result, the export price attained the peak level of $83,297 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Lesotho ($32,286 per ton), while the average price for exports to Namibia amounted to $10,394 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (+5,245.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in South Africa

In 2022, supplies from abroad of antibiotics; erythromycin and its derivatives; salts thereoves increased by 136% to 14 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of antibiotics; erythromycin and its derivatives; salts thereoves surged to $1M in 2022. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand45729627793426.9%
India27.511485.480.643.1%
Others19.53.33.94.9-36.9%
Total5044133661,02026.5%

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

  1. Thailand (13.8 tons)
  2. India (0.4 tons)

Exports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in South Africa

In 2022, approx. 274 kg of antibiotics; erythromycin and its derivatives; salts thereoves were exported from South Africa; jumping by 21% on 2021 figures. Overall, exports saw significant growth. The growth pace was the most rapid in 2021 with an increase of 1,407% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of antibiotics; erythromycin and its derivatives; salts thereoves soared to $4.1K in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,475%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

Export of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NamibiaN/AN/AN/A2.30%
LesothoN/AN/AN/A1.60%
SomaliaN/A0.23.1N/A1450.0%
ZambiaN/AN/A0.1N/A0%
Others0.1N/AN/A0.226.0%
Total0.10.23.24.1244.8%

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

  1. Namibia (221.0 kg)
  2. Lesotho (49.0 kg)

Source: IndexBox Market Intelligence Platform

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