Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Argentina - 2023

Contents:

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

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

The average import price for antibiotics; tetracyclines and their derivatives; salts thereoves stood at $59,420 per ton in 2022, picking up by 9.1% against the previous year. Overall, the import price recorded a resilient expansion. The pace of growth was the most pronounced in 2020 an increase of 52%. The import price peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($1,043,891 per ton), while the price for China amounted to $36,315 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.4%).

Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Argentina (FOB) - 2022

In 2022, the average export price for antibiotics; tetracyclines and their derivatives; salts thereoves amounted to $311,353 per ton, increasing by 133% against the previous year. In general, the export price enjoyed a significant 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 external markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($323,583 per ton), while the average price for exports to Uruguay ($49,286 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+47.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 83 tons of antibiotics; tetracyclines and their derivatives; salts thereoves were imported into Argentina; falling by -25.5% compared with 2021. In general, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 14%.

In value terms, imports of antibiotics; tetracyclines and their derivatives; salts thereoves fell markedly to $4.9M in 2022. The total import value increased at an average annual rate of +6.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 23%. As a result, imports attained the peak of $6.1M, and then declined markedly in the following year.

Import of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.22.64.02.99.6%
Italy1.11.61.61.510.9%
Others0.70.70.50.6-5.0%
Total4.14.96.14.96.1%

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

  1. China (78.9 tons)
  2. Italy (1.4 tons)

Exports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Argentina

In 2022, approx. 692 kg of antibiotics; tetracyclines and their derivatives; salts thereoves were exported from Argentina; jumping by 270% compared with the year before. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of antibiotics; tetracyclines and their derivatives; salts thereoves skyrocketed to $215K in 2022. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Dominican Republic0.1N/A18.12141188.7%
UruguayN/AN/A0.31.0233.3%
ParaguayN/AN/A0.30.6100.0%
GhanaN/AN/A6.3N/A0%
OthersN/AN/AN/A0.20%
Total0.1N/A25.02151190.7%

Top Export Markets for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof from Argentina in 2022:

  1. Dominican Republic (660.0 kg)
  2. Uruguay (21.0 kg)
  3. Paraguay (10.0 kg)

Source: IndexBox Market Intelligence Platform

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