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

Contents:

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

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

The average import price for antibiotics; tetracyclines and their derivatives; salts thereoves stood at $13,724 per ton in 2022, surging by 5.5% against the previous year. In general, the import price, however, continues to indicate a slight setback. The growth pace was the most rapid in 2018 an increase of 18%. The import price peaked at $17,572 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Switzerland ($27,029 per ton), while the price for Peru ($2,365 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+13.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2021, the average export price for antibiotics; tetracyclines and their derivatives; salts thereoves amounted to $4,810 per ton, shrinking by -37.3% against the previous year. In general, the export price showed a deep reduction. The pace of growth was the most pronounced in 2014 when the average export price increased by 13% against the previous year. The export price peaked at $20,102 per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Colombia.

From 2012 to 2021, the rate of growth in terms of prices for Venezuela amounted to +3.7% per year.

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

In 2022, purchases abroad of antibiotics; tetracyclines and their derivatives; salts thereoves decreased by -9.2% to 185 tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +2.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 41% against the previous year. As a result, imports attained the peak of 245 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of antibiotics; tetracyclines and their derivatives; salts thereoves contracted slightly to $2.5M in 2022. The total import value increased at an average annual rate of +6.7% 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 2020 with an increase of 43%. As a result, imports attained the peak of $3M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. China (128.5 tons)
2. Brazil (24.4 tons)
3. Mexico (15.2 tons)
4. Peru (12.4 tons)
5. Italy (2.5 tons)

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

For the third year in a row, Ecuador recorded growth in shipments abroad of antibiotics; tetracyclines and their derivatives; salts thereoves, which increased by 78% to 5.6 tons in 2021. Overall, exports posted significant growth. The growth pace was the most rapid in 2020 with an increase of 104%. Over the period under review, the exports of reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, exports of antibiotics; tetracyclines and their derivatives; salts thereoves rose notably to $27K in 2021. The total export value increased at an average annual rate of +12.6% over the period from 2019 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 13% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

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

1. Colombia (5.6 tons)

Source: IndexBox Market Intelligence Platform