Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in South Korea - 2022
Contents:
- Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in South Korea (CIF) - 2022
- Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in South Korea (FOB) - 2022
- Imports of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in South Korea
- Exports of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in South Korea
Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in South Korea (CIF) - 2022
The average import price for antibiotics; streptomycins and their derivatives; salts thereoves stood at $28,607 per ton in December 2022, rising by 1.6% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in October 2022 when the average import price increased by 104% month-to-month. As a result, import price reached the peak level of $67,896 per ton. From November 2022 to December 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2021 to December 2022, the rate of growth in terms of prices for China amounted to -0.3% per month.
Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in South Korea (FOB) - 2022
In 2022, the average export price for antibiotics; streptomycins and their derivatives; salts thereoves amounted to $94,750 per ton, increasing by 74% against the previous year. Over the period under review, the export price recorded a buoyant increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 40,183%. As a result, the export price attained the peak level of $3,223 per kg. From 2020 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($120,000 per ton), while the average price for exports to Thailand ($41,000 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+320.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in South Korea
Imports of antibiotics; streptomycins and their derivatives; salts thereoves into South Korea shrank remarkably to 84 tons in 2022, falling by -29.2% on 2021. Over the period under review, imports showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 44%. As a result, imports reached the peak of 119 tons, and then declined dramatically in the following year.
In value terms, imports of antibiotics; streptomycins and their derivatives; salts thereoves reduced markedly to $2.6M in 2022. Overall, total imports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +4.0% 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 +39.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 71% against the previous year. As a result, imports attained the peak of $3.2M, and then contracted remarkably in the following year.
| Import of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.2 | 1.7 | 3.1 | 2.5 | 4.4% |
| Others | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Total | 2.3 | 1.9 | 3.2 | 2.6 | 4.2% |
Top Suppliers of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof to South Korea in 2022:
- China (83.5 tons)
Exports of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in South Korea
Exports of antibiotics; streptomycins and their derivatives; salts thereoves from South Korea soared to 4 kg in 2022, with an increase of 100% compared with 2021 figures. Over the period under review, exports showed a prominent expansion.
In value terms, exports of antibiotics; streptomycins and their derivatives; salts thereoves soared to $379 in 2022. Overall, exports, however, showed a precipitous decline.
| Export of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in South Korea (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | N/A | N/A | N/A | 240 | 0% |
| Sri Lanka | N/A | N/A | N/A | 98.0 | 0% |
| Thailand | 23.0 | 99.0 | 97.0 | 41.0 | 21.3% |
| Malaysia | N/A | 89.0 | 12.0 | N/A | -86.5% |
| United States | 9,621 | N/A | N/A | N/A | 0% |
| Cuba | N/A | 123 | N/A | N/A | 0% |
| Taiwan (Chinese) | 24.0 | 101 | N/A | N/A | 320.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9,668 | 412 | 109 | 379 | -66.0% |
Top Export Markets for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof from South Korea in 2022:
- Saudi Arabia (2.0 kg)
- Sri Lanka (1.0 kg)
- Thailand (1.0 kg)
465
This report provides an in-depth analysis of the antibiotic market in Republic of Korea.
2631
This report provides an in-depth analysis of the global antibiotic market.
465
This report provides an in-depth analysis of the antibiotic market in Republic of Korea.
2631
This report provides an in-depth analysis of the global antibiotic market.
241
Discover the top import markets for antibiotics across the world, including India, Italy, Germany, and the United States. Gain insights into key statistics and market dynamics in these countries. IndexBox Market Intelligence platform provides accurate and up-to-date data for informed decision-making.
627
In 2016, the global antibiotic imports stood at X tons, reducing by -X% against the previous year level. Overall, antibiotic imports continue to indicate a temperate setback. The pace of growt...
1490
In 2016, the global antibiotic imports stood at X tons, reducing by -X% against the previous year level. Overall, antibiotic imports continue to indicate a temperate setback. The pace of growt...
2698
The global trade in antibiotics amounted to X million USD in 2015, showing some fluctuations over the period under review. A slight decline in 2009 was followed by a peak in 2011, until exports decreased again. Overall
1382
China is one of the largest global producers and consumers of antibiotics. In 2014, China exported X% of its total antibiotics output. Of this amount, X% was supplied to India, where Chinese antibiotics held a X% share of total India's consumption
943
Switzerland is one of the leaders in the global antibiotics trade. However, in 2014, Switzerland exported X tons of antibiotics totaling X billion USD, a full X% under the previous year. Its primary trading partner was Germany, where it suppli
241
Discover the top import markets for antibiotics across the world, including India, Italy, Germany, and the United States. Gain insights into key statistics and market dynamics in these countries. IndexBox Market Intelligence platform provides accurate and up-to-date data for informed decision-making.
627
In 2016, the global antibiotic imports stood at X tons, reducing by -X% against the previous year level. Overall, antibiotic imports continue to indicate a temperate setback. The pace of growt...
1490
In 2016, the global antibiotic imports stood at X tons, reducing by -X% against the previous year level. Overall, antibiotic imports continue to indicate a temperate setback. The pace of growt...
2698
The global trade in antibiotics amounted to X million USD in 2015, showing some fluctuations over the period under review. A slight decline in 2009 was followed by a peak in 2011, until exports decreased again. Overall
