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

Contents:

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

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

In 2022, the average import price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves amounted to $49,641 per ton, jumping by 24% against the previous year. Over the period under review, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% 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 decreased by -38.4% against 2015 indices. The most prominent rate of growth was recorded in 2014 an increase of 71% against the previous year. Over the period under review, average import prices reached the maximum at $80,571 per ton in 2015; however, from 2016 to 2022, import prices remained at a 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 India ($218,471 per ton), while the price for Spain ($32,863 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+20.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in the Dominican Republic (FOB) - 2022

The average export price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves stood at $23,763 per ton in 2022, with a decrease of -16.1% against the previous year. Overall, the export price continues to indicate a abrupt setback. The growth pace was the most rapid in 2020 when the average export price increased by 1,705%. The export price peaked at $213,887 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($55,000 per ton), while the average price for exports to Guatemala stood at $23,224 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.8%).

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

In 2022, the amount of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves imported into the Dominican Republic skyrocketed to 27 tons, jumping by 27% compared with 2021 figures. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +8.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -18.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 58% against the previous year. As a result, imports reached the peak of 33 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves skyrocketed to $1.3M in 2022. Over the period under review, imports recorded a resilient increase. The pace of growth appeared the most rapid in 2020 with an increase of 81%. As a result, imports reached the peak of $1.7M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. China (16.7 tons)
2. Uruguay (4.3 tons)
3. Spain (3.4 tons)
4. Mexico (1.5 tons)
5. United States (0.7 tons)
6. India (0.6 tons)

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

In 2022, overseas shipments of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves decreased by -4.8% to 59 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 867% against the previous year.

In value terms, exports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves reduced dramatically to $1.4K in 2022. In general, exports, however, posted significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 17,350%.

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

1. Guatemala (58.0 kg)
2. United States (1.0 kg)

Source: IndexBox Market Intelligence Platform