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

Contents:

  1. Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Estonia (CIF) - 2023
  2. Imports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Estonia

Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Estonia (CIF) - 2023

In September 2023, the average import price for antibiotics; tetracyclines and their derivatives; salts thereoves amounted to $3,846 per ton, reducing by -74.7% against the previous month. In general, the import price faced a abrupt slump. As a result, import price attained the peak level of $17,434 per ton. From January 2023 to September 2023, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From December 2022 to September 2023, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per month.

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

In 2022, supplies from abroad of antibiotics; tetracyclines and their derivatives; salts thereoves decreased by -24.9% to 40 tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a deep setback. The pace of growth appeared the most rapid in 2020 when imports increased by 15% against the previous year. As a result, imports reached the peak of 57 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of antibiotics; tetracyclines and their derivatives; salts thereoves shrank notably to $771K in 2022. Over the period under review, imports saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 52%. As a result, imports reached the peak of $1.3M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5733522106383.6%
Netherlands287956799132-22.8%
BelgiumN/A0.1107N/A106900.0%
OthersN/A1.67.61.1-17.1%
Total8601,3101,124771-3.6%

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

  1. China (30.3 tons)
  2. Netherlands (9.5 tons)

Source: IndexBox Market Intelligence Platform

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