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

Contents:

  1. Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Spain (FOB) - 2022
  2. Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Spain (CIF) - 2023
  3. Exports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Spain
  4. Imports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Spain

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

In November 2022, the average export price for antibiotics; erythromycin and its derivatives; salts thereoves amounted to $233K per ton, which is down by -41.4% against the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2021 when the average export price increased by 199% against the previous month. As a result, the export price reached the peak level of $775K per ton. From January 2022 to November 2022, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was India ($722K per ton), while the average price for exports to Germany ($147K per ton) was amongst the lowest.

From November 2021 to November 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+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 Spain (CIF) - 2023

The average import price for antibiotics; erythromycin and its derivatives; salts thereoves stood at $328K per ton in September 2023, increasing by 185% against the previous month. Overall, the import price saw a buoyant increase. The growth pace was the most rapid in December 2022 when the average import price increased by 227% against the previous month. Over the period under review, average import prices hit record highs in September 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($1.4M per ton), while the price for China ($303K per ton) was amongst the lowest.

From November 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of antibiotics; erythromycin and its derivatives; salts thereoves from Spain soared to 61 tons in 2022, picking up by 30% against the previous year's figure. The total export volume increased at an average annual rate of +30.1% from 2021 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of antibiotics; erythromycin and its derivatives; salts thereoves surged to $13M in 2022. The total export value increased at an average annual rate of +16.5% over the period from 2021 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Spain (Million USD)
COUNTRY20212022CAGR,
2021-2022
Japan3.04.033.3%
France3.02.5-16.7%
Turkey1.81.95.6%
India0.70.814.3%
Germany0.50.50.0%
Italy0.10.4300.0%
IndonesiaN/A0.30%
SerbiaN/A0.30%
Mexico0.20.1-50.0%
Others1.41.935.7%
Total10.912.716.5%

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

  1. Japan (25.1 tons)
  2. France (10.3 tons)
  3. Italy (5.7 tons)
  4. India (4.3 tons)
  5. Turkey (4.2 tons)
  6. Indonesia (2.4 tons)
  7. Serbia (2.0 tons)
  8. Mexico (1.0 tons)
  9. Germany (1.0 tons)

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

In 2022, the amount of antibiotics; erythromycin and its derivatives; salts thereoves imported into Spain skyrocketed to 37 tons, growing by 27% against the previous year. In general, imports, however, saw a significant decrease.

In value terms, imports of antibiotics; erythromycin and its derivatives; salts thereoves amounted to $4.3M in 2022. Over the period under review, imports, however, recorded a sharp slump.

Import of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Spain (Million USD)
COUNTRY202020212022CAGR,
2020-2022
Germany12.31.01.9-60.7%
China2.30.91.3-24.8%
India3.01.70.5-59.2%
Netherlands0.20.10.441.4%
Others0.70.10.2-46.5%
Total18.63.84.3-51.9%

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

  1. Germany (19.0 tons)
  2. Netherlands (7.4 tons)
  3. China (5.5 tons)
  4. India (4.3 tons)

Source: IndexBox Market Intelligence Platform

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