Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Thailand - 2024
Contents:
- Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Thailand (FOB) - 2024
- Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Thailand (CIF) - 2022
- Exports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Thailand
- Imports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Thailand
Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Thailand (FOB) - 2024
The average export price for antibiotics; erythromycin and its derivatives; salts thereoves stood at $63,242 per ton in September 2023, jumping by 24% against the previous month. Overall, the export price, however, recorded a perceptible setback. The most prominent rate of growth was recorded in April 2023 an increase of 47% m-o-m. As a result, the export price attained the peak level of $97,126 per ton. From May 2023 to September 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Malaysia ($93,532 per ton), while the average price for exports to Peru ($51,452 per ton) was amongst the lowest.
From February 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Thailand (CIF) - 2022
The average import price for antibiotics; erythromycin and its derivatives; salts thereoves stood at $68,241 per ton in 2022, jumping by 34% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. 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 India ($128,494 per ton), while the price for the United States ($61,434 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.8%), while the prices for the other major suppliers experienced a decline.
Exports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Thailand
In 2022, the amount of antibiotics; erythromycin and its derivatives; salts thereoves exported from Thailand rose modestly to 102 tons, with an increase of 2% against the previous year. In general, exports, however, showed a slight decrease. The pace of growth appeared the most rapid in 2020 with an increase of 44%. As a result, the exports attained the peak of 154 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of antibiotics; erythromycin and its derivatives; salts thereoves skyrocketed to $6.6M in 2022. The total export value increased at an average annual rate of +1.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 25% against the previous year. As a result, the exports reached the peak of $7.9M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 554 | 1,105 | 944 | 1,977 | 52.8% |
| Pakistan | 1,604 | 1,213 | 824 | 1,223 | -8.6% |
| South Africa | 398 | 355 | 322 | 979 | 35.0% |
| Bangladesh | 287 | 401 | 205 | 497 | 20.1% |
| India | 1,368 | 705 | 919 | 322 | -38.3% |
| Indonesia | 179 | 199 | 173 | 300 | 18.8% |
| Peru | 103 | 0.1 | 264 | 257 | 35.6% |
| Lao People's Democratic Republic | 81.5 | 191 | 89.2 | 255 | 46.3% |
| Malaysia | 330 | 189 | 190 | 251 | -8.7% |
| Sudan | 511 | 337 | 45.5 | 193 | -27.7% |
| Taiwan (Chinese) | 648 | 1,419 | 108 | 124 | -42.4% |
| Belgium | N/A | 565 | 283 | N/A | -49.9% |
| Mozambique | N/A | 955 | 1,004 | N/A | 5.1% |
| Others | 264 | 247 | 117 | 188 | -10.7% |
| Total | 6,328 | 7,882 | 5,489 | 6,568 | 1.2% |
Top Export Markets for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof from Thailand in 2022:
- Vietnam (35.0 tons)
- Pakistan (21.1 tons)
- South Africa (14.5 tons)
- India (6.0 tons)
- Bangladesh (5.5 tons)
- Lao People's Democratic Republic (4.7 tons)
- Peru (4.0 tons)
- Indonesia (3.2 tons)
- Malaysia (2.5 tons)
- Sudan (2.3 tons)
- Taiwan (Chinese) (1.8 tons)
Imports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Thailand
In 2022, purchases abroad of antibiotics; erythromycin and its derivatives; salts thereoves decreased by -17.3% to 90 tons, falling for the second year in a row after two years of growth. In general, imports recorded a pronounced slump. The growth pace was the most rapid in 2020 when imports increased by 26%. As a result, imports attained the peak of 127 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of antibiotics; erythromycin and its derivatives; salts thereoves expanded markedly to $6.1M in 2022. The total import value increased at an average annual rate of +1.9% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years.
| Import of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.3 | 4.0 | 4.3 | 4.4 | 10.1% |
| United States | 2.1 | 2.0 | 1.1 | 1.6 | -8.7% |
| India | 0.2 | 0.1 | N/A | 0.2 | 0.0% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 5.8 | 6.2 | 5.5 | 6.1 | 1.7% |
Top Suppliers of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof to Thailand in 2022:
- China (62.9 tons)
- United States (25.5 tons)
- India (1.4 tons)
556
This report provides an in-depth analysis of the antibiotic market in Thailand.
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This report provides an in-depth analysis of the global antibiotic market.
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This report provides an in-depth analysis of the antibiotic market in Thailand.
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This report provides an in-depth analysis of the global antibiotic market.
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In April 2023, the antibiotic price amounted to $35,261 per ton (CIF, Thailand), with a decrease of -1.7% against the previous month.
236
Discover the top import markets for antibiotics across the world, including India, Italy, Germany, and the United States. Gain insights into key statistics and market dynamics in these countries. IndexBox Market Intelligence platform provides accurate and up-to-date data for informed decision-making.
627
In 2016, the global antibiotic imports stood at X tons, reducing by -X% against the previous year level. Overall, antibiotic imports continue to indicate a temperate setback. The pace of growt...
