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

Contents:

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

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

In 2022, the average import price for antibiotics; streptomycins and their derivatives; salts thereoves amounted to $32,570 per ton, surging by 11% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 20% against the previous year. Over the period under review, average import prices reached the peak figure at $35,419 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 Spain amounted to +2.4% per year.

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

In 2022, the average export price for antibiotics; streptomycins and their derivatives; salts thereoves amounted to $109,000 per ton, rising by 272% against the previous year. In general, the export price continues to indicate a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($208,000 per ton), while the average price for exports to Azerbaijan totaled $10,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+13.0%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of antibiotics; streptomycins and their derivatives; salts thereoves into Turkey expanded sharply to 55 tons, increasing by 8.2% compared with the previous year. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +24.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +94.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 75% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of antibiotics; streptomycins and their derivatives; salts thereoves surged to $1.8M in 2022. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 59% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.

Import of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6461,1101,3801,78440.3%
Netherlands46.152.860.9N/A14.9%
Others71.253.451.59.7-48.5%
Total7641,2161,4931,79432.9%

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

  1. China (54.9 tons)

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

For the third year in a row, Turkey recorded decline in overseas shipments of antibiotics; streptomycins and their derivatives; salts thereoves, which decreased by -99.1% to 2 kg in 2022. Over the period under review, exports showed a significant decline. The smallest decline of -45.4% was in 2020.

In value terms, exports of antibiotics; streptomycins and their derivatives; salts thereoves reduced sharply to $218 in 2022. Overall, exports faced a significant decrease. The smallest decline of -42.9% was in 2020.

Export of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/AN/A0.20%
Azerbaijan0.3N/AN/AN/A0%
Poland15.89.54.9N/A-44.3%
South Africa5.9N/AN/AN/A0%
Iran8.67.01.7N/A-55.5%
Others15.99.9N/AN/A-37.7%
Total46.426.56.60.2-83.7%

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

  1. Russia (1.0 kg)
  2. Azerbaijan (1.0 kg)

Source: IndexBox Market Intelligence Platform

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