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

Contents:

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

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

The average import price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves stood at $40,182 per ton in 2022, jumping by 15% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $41,949 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($40,182 per ton) and Austria ($40,182 per ton), while the price for China ($40,182 per ton) and Spain ($40,182 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (-0.4%), while the prices for the other major suppliers experienced a decline.

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

The average export price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves stood at $36,530 per ton in 2022, flattening at the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 5.7%. The export price peaked at $37,958 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($36,531 per ton), while the average price for exports to India totaled $36,529 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.0%), 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 Vietnam

Imports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves into Vietnam surged to 1.6K tons in 2022, jumping by 17% against 2021. The total import volume increased at an average annual rate of +10.6% 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.

In value terms, imports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves skyrocketed to $62M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.2% against 2019 indices. As a result, imports reached 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 Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China24.127.231.750.227.7%
India10.010.310.08.9-3.8%
Austria1.91.01.21.5-7.6%
Spain2.21.41.30.8-28.6%
Italy1.01.20.40.7-11.2%
Slovenia1.21.01.5N/A11.8%
Others0.10.10.10.226.0%
Total40.442.246.262.315.5%

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

  1. China (1249.5 tons)
  2. India (222.0 tons)
  3. Austria (36.8 tons)
  4. Spain (19.8 tons)
  5. Italy (18.4 tons)

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

After two years of decline, shipments abroad of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves decreased by 0% to 5.9 tons in 2022. Overall, exports saw a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves totaled $215K in 2022. Over the period under review, exports saw a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.7N/AN/A142192.1%
IndiaN/AN/AN/A72.40%
Lao People's Democratic Republic3.8N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total9.5N/AN/A215182.9%

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

  1. China (3.9 tons)
  2. India (2.0 tons)

Source: IndexBox Market Intelligence Platform

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