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

Contents:

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

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

The average import price for antibiotics; erythromycin and its derivatives; salts thereoves stood at $45,958 per ton in 2022, with an increase of 42% against the previous year. Overall, the import price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 100% against the previous year. The import price peaked at $54,525 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 China ($87,084 per ton), while the price for Kenya ($4,414 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the amount of antibiotics; erythromycin and its derivatives; salts thereoves imported into Tanzania dropped to 48 tons, shrinking by -9.9% against 2021 figures. Over the period under review, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 104% against the previous year.

In value terms, imports of antibiotics; erythromycin and its derivatives; salts thereoves surged to $2.2M in 2022. In general, imports continue to indicate a noticeable decline. The growth pace was the most rapid in 2021 with an increase of 97%.

Import of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2,1897441,6652,064-1.9%
China25312453.8135-18.9%
Kenya14.25.46.48.1-17.1%
Others2.45.68.97.445.5%
Total2,4598791,7342,214-3.4%

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

  1. India (44.6 tons)
  2. Kenya (1.8 tons)
  3. China (1.5 tons)

Source: IndexBox Market Intelligence Platform

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