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

Contents:

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

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

The average import price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves stood at $37,372 per ton in 2022, growing by 15% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2018 an increase of 21%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($37,410 per ton), while the price for Spain ($24,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.1%), 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 Hungary (FOB) - 2022

In 2022, the average export price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves amounted to $130,731 per ton, picking up by 735% against the previous year. Overall, the export price enjoyed a resilient increase. Over the period under review, the average export prices reached the peak figure at $2,294,286 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was India ($1,211,742 per ton), while the average price for exports to Palestine ($12,529 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+17.1%), while the prices for the other major destinations experienced a decline.

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

In 2022, purchases abroad of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves decreased by -58.5% to 9.1 tons, falling for the second consecutive year after two years of growth. In general, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 132%. As a result, imports reached the peak of 33 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 reduced notably to $339K in 2022. Overall, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 117% against the previous year. As a result, imports attained the peak of $902K. From 2021 to 2022, the growth of imports of failed to regain momentum.

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

1. Germany (7.0 tons)
2. Netherlands (2.0 tons)

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

In 2022, after two years of growth, there was significant decline in shipments abroad of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves, when their volume decreased by -86.2% to 361 kg. Overall, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 37,314% against the previous year. As a result, the exports attained the peak of 2.6 tons, and then dropped remarkably in the following year.

In value terms, exports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves skyrocketed to $47K in 2022. Over the period under review, exports, however, saw significant growth. The growth pace was the most rapid in 2021 with an increase of 155%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

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

1. Palestine (227.0 kg)
2. Netherlands (103.0 kg)
3. India (31.0 kg)

Source: IndexBox Market Intelligence Platform