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

Contents:

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

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

In 2022, the average import price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves amounted to $28,950 per ton, surging by 6.1% against the previous year. In general, the import price, however, continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2018 an increase of 9.8% against the previous year. Over the period under review, average import prices attained the maximum at $34,700 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 China ($42,588 per ton), while the price for Spain stood at $26,449 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.0%), 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 Serbia (FOB) - 2022

The average export price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves stood at $70,574 per ton in 2022, increasing by 61% against the previous year. In general, the export price enjoyed a tangible increase. The most prominent rate of growth was recorded in 2016 an increase of 2,424%. The export price peaked in 2022 and is expected to retain 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 2022, the rate of growth in terms of prices for Germany amounted to +7.7% per year.

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

For the fourth year in a row, Serbia recorded growth in purchases abroad of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves, which increased by 20% to 98 tons in 2022. The total import volume increased at an average annual rate of +11.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak 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 soared to $2.8M in 2022. The total import value increased at an average annual rate of +10.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Spain (82.6 tons)
2. China (15.2 tons)

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

For the third consecutive year, Serbia recorded growth in shipments abroad of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves, which increased by 8,490% to 859 kg in 2022. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves soared to $61K in 2022. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak 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 Serbia in 2022:

1. Germany (851.0 kg)
2. Albania (1.0 kg)
3. Bosnia and Herzegovina (1.0 kg)

Source: IndexBox Market Intelligence Platform