Price for Antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereof in Nepal - 2022

Contents:

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

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

The average import price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves stood at $41,340 per ton in 2022, rising by 41% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. As a result, import price reached 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 Oman ($152,417 per ton), while the price for China ($32,311 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

After three years of growth, overseas purchases of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves decreased by -18.3% to 81 tons in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +19.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 83%.

In value terms, imports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves skyrocketed to $3.3M in 2022. Overall, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 63% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in years to come.

Import of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Nepal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.92.02.72.438.7%
China0.40.20.10.826.0%
Others0.10.10.10.226.0%
Total1.42.32.93.333.1%

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

  1. India (56.0 tons)
  2. China (23.2 tons)

Source: IndexBox Market Intelligence Platform

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