Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Australia - 2024

Contents:

  1. Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Australia (CIF) - 2022
  2. Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Australia (FOB) - 2022
  3. Imports of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Australia
  4. Exports of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Australia

Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Australia (CIF) - 2022

The average import price for antibiotics; streptomycins and their derivatives; salts thereoves stood at $246,715 per ton in 2022, increasing by 16% against the previous year. In general, the import price saw a strong increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 112%. As a result, import price reached the peak level of $299,146 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

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 the United States ($2,776,000 per ton), while the price for China ($170,560 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Australia (FOB) - 2022

The average export price for antibiotics; streptomycins and their derivatives; salts thereoves stood at $35,200 per ton in 2022, growing by 15% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2019 when the average export price increased by 53% against the previous year. Over the period under review, the average export prices reached the maximum at $82,794 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for New Zealand.

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +84.7% per year.

Imports of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Australia

In 2022, approx. 376 kg of antibiotics; streptomycins and their derivatives; salts thereoves were imported into Australia; with an increase of 5.9% on 2021 figures. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 125%. As a result, imports attained the peak of 394 kg. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of antibiotics; streptomycins and their derivatives; salts thereoves skyrocketed to $93K in 2022. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 70% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12.230.427.636.844.5%
France8.117.831.832.558.9%
Japan4.66.310.420.765.1%
Germany2.2N/A4.7N/A46.2%
ItalyN/A9.9N/AN/A0%
Others14.76.51.12.8-42.5%
Total41.771.075.792.830.6%

Top Suppliers of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof to Australia in 2022:

  1. China (216.0 kg)
  2. France (134.0 kg)
  3. Japan (25.0 kg)

Exports of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Australia

Exports of antibiotics; streptomycins and their derivatives; salts thereoves from Australia contracted significantly to 5 kg in 2022, shrinking by -66.7% against the year before. Over the period under review, exports recorded a sharp contraction. The smallest decline of -13.8% was in 2020.

In value terms, exports of antibiotics; streptomycins and their derivatives; salts thereoves fell notably to $176 in 2022. Overall, exports saw a precipitous contraction. The smallest decline of -38.1% was in 2020.

Export of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Australia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand1,13341.0459176-46.2%
Singapore66.0701N/AN/A962.1%
OthersN/AN/AN/AN/A0%
Total1,199742459176-47.2%

Top Export Markets for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof from Australia in 2022:

  1. New Zealand (5.0 kg)

Source: IndexBox Market Intelligence Platform

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