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

Contents:

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

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

The average import price for antibiotics; tetracyclines and their derivatives; salts thereoves stood at $27,489 per ton in 2022, reducing by -19.5% against the previous year. Over the period under review, the import price, however, posted a pronounced increase. The pace of growth appeared the most rapid in 2018 an increase of 76% against the previous year. Over the period under review, average import prices attained the maximum at $34,129 per ton in 2021, and then declined markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($29,657 per ton), while the price for Hong Kong SAR totaled $4,962 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.2%).

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

In 2022, approx. 353 tons of antibiotics; tetracyclines and their derivatives; salts thereoves were imported into Bangladesh; with an increase of 7.3% compared with 2021 figures. The total import volume increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of antibiotics; tetracyclines and their derivatives; salts thereoves shrank to $9.7M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 10%. As a result, imports reached the peak of $11M, and then contracted in the following year.

Import of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Bangladesh (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.410.010.89.40.0%
Hong Kong SAR0.10.10.20.226.0%
Others0.1N/A0.20.226.0%
Total9.710.211.29.70.0%

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

  1. China (315.4 tons)
  2. Hong Kong SAR (32.3 tons)

Source: IndexBox Market Intelligence Platform

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