Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Portugal - 2023

Contents:

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

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

The average import price for antibiotics; streptomycins and their derivatives; salts thereoves stood at $66,989 per ton in 2022, with an increase of 20% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +4.9% 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; streptomycins and their derivatives; salts thereoves increased by +117.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 an increase of 60%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($103,976 per ton), while the price for Spain ($36,119 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for antibiotics; streptomycins and their derivatives; salts thereoves stood at $78,978 per ton in 2022, growing by 72% against the previous year. In general, the export price posted a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +6.2% per year.

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

In 2022, approx. 722 kg of antibiotics; streptomycins and their derivatives; salts thereoves were imported into Portugal; which is down by -46.1% on the previous year. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 169%. As a result, imports reached the peak of 1.3 tons, and then reduced rapidly in the following year.

In value terms, imports of antibiotics; streptomycins and their derivatives; salts thereoves shrank dramatically to $48K in 2022. In general, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 207%. As a result, imports attained the peak of $75K, and then declined rapidly in the following year.

Import of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands10.514.054.829.240.6%
Spain10.79.39.211.83.3%
GermanyN/AN/A9.54.4-53.7%
France0.61.11.22.254.2%
Others0.20.10.40.858.7%
Total22.024.475.148.430.1%

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

  1. Spain (327.0 kg)
  2. Netherlands (313.0 kg)
  3. Germany (42.0 kg)
  4. France (33.0 kg)

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

In 2022, shipments abroad of antibiotics; streptomycins and their derivatives; salts thereoves decreased by -93.3% to 90 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed a perceptible expansion. The pace of growth was the most pronounced in 2021 with an increase of 1,028%. As a result, the exports reached the peak of 1.4 tons, and then declined significantly in the following year.

In value terms, exports of antibiotics; streptomycins and their derivatives; salts thereoves reduced dramatically to $7.1K in 2022. In general, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 1,297% against the previous year. As a result, the exports reached the peak of $62K, and then fell significantly in the following year.

Export of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain3.04.462.07.133.3%
OthersN/AN/AN/AN/A0%
Total3.04.462.07.133.3%

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

  1. Spain (90.0 kg)

Source: IndexBox Market Intelligence Platform

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