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

Contents:

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

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

In June 2022, the average import price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves amounted to $20,838 per ton, with a decrease of -44.4% against the previous month. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in September 2021 when the average import price increased by 131% against the previous month. The import price peaked at $37,476 per ton in May 2022, and then declined remarkably in the following month.

There were significant differences in the average prices amongst the major supplying countries. In June 2022, the country with the highest price was India ($37,312 per ton), while the price for China amounted to $1,866 per ton.

From June 2021 to June 2022, the most notable rate of growth in terms of prices was attained by India (+5.3%).

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

In 2022, overseas purchases of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves decreased by -20.2% to 515 tons, falling for the second year in a row after two years of growth. Overall, imports recorded a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of 85% against the previous year. As a result, imports reached the peak of 1.3K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves soared to $15M in 2022. Over the period under review, imports, however, posted prominent growth. The growth pace was the most rapid in 2020 with an increase of 117%. As a result, imports attained the peak of $26M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Nigeria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India7.620.110.210.812.4%
China4.25.62.33.5-5.9%
FranceN/AN/AN/A0.40%
Others0.1N/AN/A0.10.0%
Total11.825.712.614.77.6%

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

  1. India (351.2 tons)
  2. China (142.5 tons)
  3. France (15.3 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Import Markets for Antibiotics: Key Statistics and Market Dynamics
Dec 19, 2023
Eye 235

Discover the top import markets for antibiotics across the world, including India, Italy, Germany, and the United States. Gain insights into key statistics and market dynamics in these countries. IndexBox Market Intelligence platform provides accurate and up-to-date data for informed decision-making.

Which Country Imports the Most Antibiotics in the World?
May 28, 2018
Eye 627

In 2016, the global antibiotic imports stood at X tons, reducing by -X% against the previous year level. Overall, antibiotic imports continue to indicate a temperate setback. The pace of growt...

Which Country Exports the Most Antibiotics in the World?
May 28, 2018
Eye 1489

In 2016, the global antibiotic imports stood at X tons, reducing by -X% against the previous year level. Overall, antibiotic imports continue to indicate a temperate setback. The pace of growt...

Antibiotics Market - China and India Advanced on the Global Antibiotics Market
Oct 24, 2016
Eye 2698

The global trade in antibiotics amounted to X million USD in 2015, showing some fluctuations over the period under review. A slight decline in 2009 was followed by a peak in 2011, until exports decreased again. Overall

China’s Exports of Antibiotics Keep Rising, So Do Antibiotic Resistance Issues
Aug 6, 2015
Eye 1380

China is one of the largest global producers and consumers of antibiotics. In 2014, China exported X% of its total antibiotics output. Of this amount, X% was supplied to India, where Chinese antibiotics held a X% share of total India's consumption

Switzerland’s Exports of Antibiotics Shrunk by 23% in 2014
Jul 13, 2015
Eye 943

Switzerland is one of the leaders in the global antibiotics trade. However, in 2014, Switzerland exported X tons of antibiotics totaling X billion USD, a full X% under the previous year. Its primary trading partner was Germany, where it suppli

Import Markets for Antibiotics: Key Statistics and Market Dynamics
Dec 19, 2023
Eye 235

Discover the top import markets for antibiotics across the world, including India, Italy, Germany, and the United States. Gain insights into key statistics and market dynamics in these countries. IndexBox Market Intelligence platform provides accurate and up-to-date data for informed decision-making.

Which Country Imports the Most Antibiotics in the World?
May 28, 2018
Eye 627

In 2016, the global antibiotic imports stood at X tons, reducing by -X% against the previous year level. Overall, antibiotic imports continue to indicate a temperate setback. The pace of growt...

Which Country Exports the Most Antibiotics in the World?
May 28, 2018
Eye 1489

In 2016, the global antibiotic imports stood at X tons, reducing by -X% against the previous year level. Overall, antibiotic imports continue to indicate a temperate setback. The pace of growt...

Antibiotics Market - China and India Advanced on the Global Antibiotics Market
Oct 24, 2016
Eye 2698

The global trade in antibiotics amounted to X million USD in 2015, showing some fluctuations over the period under review. A slight decline in 2009 was followed by a peak in 2011, until exports decreased again. Overall

Free Data: Antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereof - Nigeria