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

Contents:

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

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

The average import price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves stood at $42,438 per ton in 2022, rising by 41% against the previous year. Overall, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves increased by +77.8% against 2020 indices. 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 India ($46,632 per ton), while the price for China stood at $25,431 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+7.3%), 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 Tanzania

After three years of growth, purchases abroad of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves decreased by -37.4% to 16 tons in 2022. Over the period under review, total imports indicated a notable expansion from 2019 to 2022: its volume increased at an average annual rate of +2.0% over the last three years. 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 38% against the previous year.

In value terms, imports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves declined to $693K in 2022. Overall, imports, however, recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 55%. As a result, imports attained the peak of $785K, and then reduced in the following year.

Import of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India20657.768061443.9%
China14239478.378.2-18.0%
Austria41.454.225.4N/A-21.7%
Others1.62.01.80.5-32.1%
Total39150878569321.0%

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

  1. India (13.2 tons)
  2. China (3.1 tons)

Source: IndexBox Market Intelligence Platform

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