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

Contents:

  1. Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Belgium (CIF) - 2023
  2. Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Belgium (FOB) - 2023
  3. Imports of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Belgium
  4. Exports of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Belgium

Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Belgium (CIF) - 2023

In September 2023, the average import price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves amounted to $64,932 per ton, with an increase of 66% against the previous month. In general, the import price, however, showed a slight decline. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 77% m-o-m. The import price peaked at $119K per ton in May 2023; however, from June 2023 to September 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($405K per ton), while the price for China amounted to $47,567 per ton.

From November 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Turkey (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Belgium (FOB) - 2023

The average export price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves stood at $59,919 per ton in August 2023, declining by -20.6% against the previous month. Over the period under review, the export price, however, posted a prominent increase. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 61% against the previous month. The export price peaked at $75,490 per ton in July 2023, and then dropped dramatically in the following month.

There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was Italy ($95,449 per ton), while the average price for exports to Poland ($36,811 per ton) was amongst the lowest.

From November 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves into Belgium expanded significantly to 865 tons, with an increase of 14% against the year before. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +24.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -8.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 109% against the previous year. As a result, imports attained the peak of 948 tons. 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 soared to $46M in 2022. Overall, imports, however, saw a abrupt shrinkage.

Import of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15.423.112.223.915.8%
ItalyN/AN/A12.16.5-46.3%
Germany3.63.83.44.910.8%
Netherlands3.08.34.94.413.6%
South Korea18.115.22.32.5-48.3%
Others22.210.12.23.8-44.5%
Total62.460.537.146.0-9.7%

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

  1. China (583.0 tons)
  2. Netherlands (130.3 tons)
  3. Germany (106.0 tons)
  4. Italy (17.5 tons)
  5. South Korea (15.9 tons)

Exports of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Belgium

Exports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves from Belgium surged to 592 tons in 2022, picking up by 27% compared with 2021 figures. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 183%. As a result, the exports reached the peak of 592 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves skyrocketed to $34M in 2022. Overall, exports, however, recorded a relatively flat trend pattern.

Export of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy31.333.210.518.4-16.2%
Germany1.06.75.68.7105.7%
France0.10.40.33.3220.8%
Spain2.13.85.23.316.3%
NetherlandsN/A7.30.20.6-71.3%
Others0.10.80.30.226.0%
Total34.652.222.234.4-0.2%

Top Export Markets for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof from Belgium in 2022:

  1. Germany (300.3 tons)
  2. France (99.3 tons)
  3. Spain (93.7 tons)
  4. Italy (79.5 tons)
  5. Netherlands (14.8 tons)

Source: IndexBox Market Intelligence Platform

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