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

Contents:

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

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

The average import price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves stood at $63,030 per ton in 2022, picking up by 19% against the previous year. Over the period under review, the import price, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2019 when the average import price increased by 129%. Over the period under review, average import prices hit record highs at $221,840 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Cyprus ($199,608 per ton), while the price for China ($22,723 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2021, the average export price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves amounted to $91,000 per ton, increasing by 210% against the previous year. Overall, the export price enjoyed modest growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2012 to 2021, the rate of growth in terms of prices for Cyprus amounted to -10.0% per year.

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

In 2022, the amount of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves imported into Greece expanded remarkably to 29 tons, increasing by 7.8% compared with the previous year. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 153%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves surged to $1.8M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2728.760884145.7%
Netherlands2853271503113.0%
Austria57.0433N/A26967.7%
Cyprus504N/A35.5162-31.5%
ChinaN/A485479126-49.0%
Slovakia16.347.4N/A33.126.6%
Bulgaria12.017.029.922.723.7%
Others1.157.212369.1297.5%
Total1,1481,3751,4261,83516.9%

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

  1. Netherlands (11.7 tons)
  2. China (5.6 tons)
  3. Germany (5.5 tons)
  4. Austria (3.2 tons)
  5. Slovakia (1.4 tons)
  6. Cyprus (0.8 tons)
  7. Bulgaria (0.5 tons)

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

In 2021, after two years of growth, there was significant decline in overseas shipments of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves, when their volume decreased by -66.7% to 1 kg. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 200%. As a result, the exports reached the peak of 3 kg, and then dropped rapidly in the following year.

In value terms, exports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves amounted to $91 in 2021. Overall, exports, however, posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 184% against the previous year. Over the period under review, the exports of attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Export of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Greece (USD)
COUNTRY201920202021CAGR,
2019-2021
GermanyN/AN/A91.00%
Bulgaria31.062.0N/A100.0%
RomaniaN/A26.0N/A0%
OthersN/AN/AN/A0%
Total31.088.091.071.3%

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

  1. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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