Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Algeria - 2022

Contents:

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

Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Algeria (CIF) - 2022

The average import price for antibiotics; tetracyclines and their derivatives; salts thereoves stood at $47,750 per ton in 2022, rising by 21% against the previous year. Over the period under review, the import price recorded strong growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by 69% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($281,064 per ton), while the price for France ($30,150 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Algeria

In 2022, the amount of antibiotics; tetracyclines and their derivatives; salts thereoves imported into Algeria soared to 80 tons, jumping by 26% against 2021 figures. The total import volume increased at an average annual rate of +6.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of antibiotics; tetracyclines and their derivatives; salts thereoves skyrocketed to $3.8M in 2022. In general, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 70% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7854911,6081,95535.5%
Switzerland282N/A41391347.9%
France13.51.414.3393207.6%
Spain582327221297-20.1%
Netherlands9.4N/A237262203.2%
Belgium249630N/AN/A153.0%
Others1.825.112.7N/A165.6%
Total1,9221,4752,5063,82125.7%

Top Suppliers of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof to Algeria in 2022:

  1. China (50.8 tons)
  2. France (13.1 tons)
  3. Netherlands (6.8 tons)
  4. Spain (6.1 tons)
  5. Switzerland (3.3 tons)

Source: IndexBox Market Intelligence Platform

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