Price for Antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereof in Azerbaijan - 2023

Contents:

  1. Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Azerbaijan (CIF) - 2022
  2. Imports of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Azerbaijan

Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Azerbaijan (CIF) - 2022

In 2022, the average import price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves amounted to $57,576 per ton, falling by -11.2% against the previous year. Over the period under review, the import price, however, posted a significant increase. The growth pace was the most rapid in 2016 when the average import price increased by 369% against the previous year. The import price peaked at $92,153 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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 Germany ($57,805 per ton), while the price for China totaled $14,000 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+7.4%), while the prices for the other major suppliers experienced a decline.

Imports of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Azerbaijan

Imports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves into Azerbaijan rose rapidly to 191 kg in 2022, surging by 7.9% compared with the previous year's figure. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 535% against the previous year. As a result, imports attained the peak of 216 kg. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves declined modestly to $11K in 2022. Over the period under review, imports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 629% against the previous year. As a result, imports attained the peak of $20K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.19.59.811.0379.1%
Hong Kong SARN/A7.5N/AN/A0%
China1.9N/A1.7N/A-5.4%
Israel0.62.2N/AN/A266.7%
Others0.20.7N/AN/A250.0%
Total2.719.911.511.059.7%

Top Suppliers of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof to Azerbaijan in 2022:

  1. Germany (190.0 kg)
  2. China (1.0 kg)

Source: IndexBox Market Intelligence Platform

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