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

Contents:

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

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

The average import price for antibiotics; tetracyclines and their derivatives; salts thereoves stood at $69,574 per ton in 2022, declining by -6.4% against the previous year. Overall, the import price, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 76% against the previous year. The import price peaked at $74,365 per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($374,720 per ton), while the price for China ($47,380 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+36.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, purchases abroad of antibiotics; tetracyclines and their derivatives; salts thereoves increased by 52% to 4.1 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a significant decrease.

In value terms, imports of antibiotics; tetracyclines and their derivatives; salts thereoves skyrocketed to $282K in 2022. Over the period under review, imports, however, saw a sharp decline.

Import of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India22816072.6135-16.0%
China18741938.7119-14.0%
Belgium56.623.76.312.3-39.9%
Netherlands94.730.56.29.4-53.7%
KenyaN/AN/A58.55.4-90.8%
Others19.15.515.81.2-60.2%
Total585639198282-21.6%

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

  1. China (2503.0 kg)
  2. India (1415.0 kg)
  3. Kenya (79.0 kg)
  4. Netherlands (25.0 kg)
  5. Belgium (24.0 kg)

Source: IndexBox Market Intelligence Platform

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