Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Canada - 2024

Contents:

  1. Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Canada (CIF) - 2024
  2. Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Canada (FOB) - 2022
  3. Imports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Canada
  4. Exports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Canada

Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Canada (CIF) - 2024

The average import price for antibiotics; tetracyclines and their derivatives; salts thereoves stood at $230K per ton in September 2023, growing by 68% against the previous month. Overall, the import price, however, showed a noticeable decrease. The pace of growth was the most pronounced in April 2023 when the average import price increased by 1,464% month-to-month. The import price peaked at $277K per ton in January 2023; however, from February 2023 to September 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Macao SAR ($385K per ton), while the price for China ($134K per ton) was amongst the lowest.

From January 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Portugal (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for antibiotics; tetracyclines and their derivatives; salts thereoves stood at $24,509 per ton in 2022, which is down by -26.5% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 141% against the previous year. Over the period under review, the average export prices attained the peak figure at $57,832 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Taiwan (Chinese) ($26,278 per ton) and Jordan ($26,247 per ton), while the average price for exports to the United States ($20,374 per ton) and India ($25,412 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+0.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 112 tons of antibiotics; tetracyclines and their derivatives; salts thereoves were imported into Canada; waning by -8.4% compared with the previous year's figure. Over the period under review, imports showed a sharp contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 68% against the previous year.

In value terms, imports of antibiotics; tetracyclines and their derivatives; salts thereoves shrank rapidly to $5M in 2022. Overall, imports saw a perceptible reduction. The pace of growth was the most pronounced in 2020 when imports increased by 50% against the previous year. As a result, imports attained the peak of $8.5M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.61.02.42.2-5.4%
Portugal2.15.92.81.8-5.0%
Macao SAR0.80.80.70.80.0%
Others0.20.80.80.20.0%
Total5.78.56.65.0-4.3%

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

  1. China (102.0 tons)
  2. Portugal (6.1 tons)
  3. Macao SAR (2.2 tons)

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

In 2022, overseas shipments of antibiotics; tetracyclines and their derivatives; salts thereoves decreased by -91.5% to 4.6 tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a dramatic slump. The most prominent rate of growth was recorded in 2020 when exports increased by 52% against the previous year. As a result, the exports reached the peak of 71 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of antibiotics; tetracyclines and their derivatives; salts thereoves fell significantly to $112K in 2022. In general, exports recorded a precipitous setback. The pace of growth appeared the most rapid in 2021 with an increase of 12%.

Export of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.614.437.626.952.4%
United States2,08520841425.9-76.8%
Germany1.48.244.025.2162.1%
France5.33.75.77.09.7%
Austria1.04.4N/A6.889.5%
Taiwan (Chinese)N/A1.04.44.9121.4%
South KoreaN/A0.34.72.7200.0%
JordanN/AN/AN/A2.20%
India2.21,3251200.4-43.3%
PortugalN/AN/A1,125N/A0%
Others24.928.530.49.7-27.0%
Total2,1281,5931,785112-62.5%

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

  1. United States (1269.0 kg)
  2. China (1034.0 kg)
  3. Germany (963.0 kg)
  4. France (268.0 kg)
  5. Austria (261.0 kg)
  6. Taiwan (Chinese) (187.0 kg)
  7. South Korea (103.0 kg)
  8. Jordan (85.0 kg)
  9. India (17.0 kg)

Source: IndexBox Market Intelligence Platform

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