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

Contents:

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

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

In 2022, the average import price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves amounted to $193,268 per ton, reducing by -20.6% against the previous year. Over the period under review, the import price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2019 when the average import price increased by 32%. The import price peaked at $492,180 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($235,126 per ton), while the price for the Netherlands ($41,685 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.6%), 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 Portugal (FOB) - 2022

The average export price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves stood at $45,790 per ton in 2022, surging by 20% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 121% against the previous year. As a result, the export price attained the peak level of $99,189 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($46,124 per ton), while the average price for exports to Cabo Verde stood at $43,329 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+6.0%).

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

In 2022, the amount of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves imported into Portugal expanded significantly to 313 tons, surging by 14% against 2021 figures. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +15.7% 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 increased by +54.7% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 41%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves declined to $60M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.2% 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 increased by +53.0% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 48% against the previous year.

Import of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy37.754.564.856.014.1%
China0.70.61.12.858.7%
Singapore0.10.80.40.681.7%
Netherlands0.30.70.10.410.1%
Ireland0.30.9N/A0.1-30.7%
Others0.41.10.40.40.0%
Total39.558.666.860.415.2%

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

  1. Italy (238.3 tons)
  2. China (44.9 tons)
  3. Singapore (12.8 tons)
  4. Netherlands (10.5 tons)
  5. Ireland (3.2 tons)

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

In 2022, exports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves from Portugal skyrocketed to 2.7 tons, increasing by 32% against the previous year. In general, exports, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2020 with an increase of 114%. As a result, the exports attained the peak of 8.1 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 $123K in 2022. Over the period under review, exports, however, saw a slight slump. The most prominent rate of growth was recorded in 2020 when exports increased by 135%. As a result, the exports reached the peak of $303K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain11215777.185.4-8.6%
Cabo Verde15.1143N/A34.732.0%
Others1.84.00.72.410.1%
Total12930377.7123-1.6%

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

  1. Spain (1852.0 kg)
  2. Cabo Verde (800.0 kg)

Source: IndexBox Market Intelligence Platform

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