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

Contents:

  1. Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Thailand (CIF) - 2022
  2. Imports of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Thailand

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

The average import price for antibiotics; streptomycins and their derivatives; salts thereoves stood at $27,962 per ton in 2022, waning by -2.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 33%. Over the period under review, average import prices attained the peak figure at $28,769 per ton in 2013; however, from 2014 to 2022, 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 2012 to 2022, the rate of growth in terms of prices for China amounted to +1.5% per year.

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of antibiotics; streptomycins and their derivatives; salts thereoves, when their volume decreased by -81.7% to 6.1 tons. Over the period under review, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 106% against the previous year. As a result, imports attained the peak of 34 tons, and then declined remarkably in the following year.

In value terms, imports of antibiotics; streptomycins and their derivatives; salts thereoves shrank rapidly to $172K in 2022. Overall, imports faced a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 174% against the previous year. As a result, imports attained the peak of $963K, and then dropped rapidly in the following year.

Import of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China286351963172-15.6%
OthersN/A0.10.10.241.4%
Total286351963172-15.6%

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

  1. China (6.1 tons)

Source: IndexBox Market Intelligence Platform

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