Price for Antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereof in the United Arab Emirates - 2022

Contents:

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

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

In 2022, the average import price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves amounted to $34,325 per ton, picking up by 19% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. 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 China ($58,767 per ton), while the price for Spain ($31,369 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+28.4%), 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 United Arab Emirates (FOB) - 2022

The average export price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves stood at $22,732 per ton in 2022, dropping by -18.7% against the previous year. In general, the export price continues to indicate a pronounced descent. The pace of growth was the most pronounced in 2019 when the average export price increased by 43%. Over the period under review, the average export prices attained the peak figure at $32,069 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($209,280 per ton), while the average price for exports to China ($7,425 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+11.7%), while the prices for the other major destinations experienced a decline.

Imports of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in the United Arab Emirates

In 2022, after three years of growth, there was significant decline in supplies from abroad of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves, when their volume decreased by -74.3% to 121 tons. Overall, imports, however, continue to indicate a temperate increase. The most prominent rate of growth was recorded in 2021 with an increase of 218% against the previous year. As a result, imports reached the peak of 471 tons, and then fell sharply in the following year.

In value terms, imports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves dropped significantly to $4.2M in 2022. In general, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 259% against the previous year. As a result, imports reached the peak of $14M, and then reduced remarkably in the following year.

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

1. India (90.5 tons)
2. Spain (30.0 tons)
3. China (0.6 tons)

Exports of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in the United Arab Emirates

In 2022, shipments abroad of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves decreased by -96.7% to 395 kg, falling for the second year in a row after two years of growth. In general, exports showed a sharp setback. The growth pace was the most rapid in 2020 when exports increased by 376%. As a result, the exports reached the peak of 60 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves shrank remarkably to $9K in 2022. Over the period under review, exports saw a dramatic slump. The pace of growth was the most pronounced in 2020 when exports increased by 436%. As a result, the exports attained the peak of $1.8M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. China (275.0 kg)
2. Kenya (33.0 kg)
3. Saudi Arabia (25.0 kg)
4. Senegal (25.0 kg)
5. Philippines (16.0 kg)
6. Colombia (14.0 kg)
7. Tanzania (7.0 kg)

Source: IndexBox Market Intelligence Platform