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

Contents:

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

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

The average import price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves stood at $45,408 per ton in 2022, growing by 2.7% against the previous year. In general, the import price, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 56% against the previous year. As a result, import price reached the peak level of $225,651 per ton. From 2017 to 2022, the average 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 Italy ($316,321 per ton), while the price for Bulgaria ($23,300 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+17.0%), 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 States (FOB) - 2022

The average export price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves stood at $36,982 per ton in 2022, rising by 184% against the previous year. In general, the export price, however, recorded a abrupt decline. The export price peaked at $63,441 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($110,511 per ton), while the average price for exports to Belgium ($2,687 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 China (+15.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves imported into the United States soared to 2.6K tons, with an increase of 57% compared with the year before. Overall, imports continue to indicate significant growth. As a result, imports reached 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 skyrocketed to $119M in 2022. In general, total imports indicated a mild expansion from 2019 to 2022: its value increased at an average annual rate of +1.3% over the last three-year period. The trend pattern, however, 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.

Import of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China59.248.330.863.92.6%
Bulgaria12.211.113.829.534.2%
Italy16.58.610.210.3-14.5%
Mexico7.97.27.24.5-17.1%
Spain1.20.80.12.426.0%
India4.61.41.91.7-28.2%
Others13.11.010.17.0-18.9%
Total11578.474.11191.1%

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

  1. Bulgaria (1265.8 tons)
  2. China (1122.1 tons)
  3. Mexico (127.4 tons)
  4. Spain (43.4 tons)
  5. Italy (32.4 tons)
  6. India (28.5 tons)

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

In 2022, shipments abroad of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves decreased by -76.4% to 127 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 96%. As a result, the exports reached the peak of 538 tons, and then declined sharply in the following year.

In value terms, exports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves fell markedly to $4.7M in 2022. Over the period under review, exports showed a deep slump. The growth pace was the most rapid in 2020 when exports increased by 4% against the previous year. As a result, the exports reached the peak of $8.2M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ColombiaN/AN/AN/A1,0750%
Canada6,0783,777795714-51.0%
Argentina21647467065644.8%
Thailand19424329346834.1%
China74.980935734866.9%
Paraguay4.8N/A697313302.5%
Vietnam24.036.079.5237114.5%
Brazil179140126142-7.4%
Germany17117494.297.2-17.2%
Chile9.245.811162.589.4%
MexicoN/A14.749.625.230.9%
Belgium5.36.116.620.958.0%
Italy2.714.52,99815.177.5%
Others9092,450719525-16.7%
Total7,8698,1857,0054,699-15.8%

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

  1. Canada (25.3 tons)
  2. Thailand (16.4 tons)
  3. China (13.0 tons)
  4. Argentina (12.0 tons)
  5. Colombia (11.6 tons)
  6. Belgium (7.8 tons)
  7. Vietnam (4.5 tons)
  8. Brazil (4.0 tons)
  9. Mexico (4.0 tons)
  10. Italy (3.8 tons)
  11. Germany (3.6 tons)
  12. Paraguay (2.8 tons)
  13. Chile (2.8 tons)

Source: IndexBox Market Intelligence Platform

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