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

Contents:

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

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

The average import price for antibiotics; tetracyclines and their derivatives; salts thereoves stood at $55,814 per ton in 2022, waning by -8.6% against the previous year. Overall, the import price, however, posted a noticeable expansion. The growth pace was the most rapid in 2018 when the average import price increased by 56% against the previous year. Over the period under review, average import prices attained the peak figure at $95,322 per ton in 2020; however, from 2021 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 Macao SAR ($336,385 per ton), while the price for China stood at $30,717 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.0%).

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

In 2022, the average export price for antibiotics; tetracyclines and their derivatives; salts thereoves amounted to $77,565 per ton, picking up by 34% against the previous year. In general, the export price posted buoyant growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 57% against the previous year. As a result, the export price attained the peak level of $89,747 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ghana ($125,490 per ton), while the average price for exports to Nigeria ($21,193 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+23.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in purchases abroad of antibiotics; tetracyclines and their derivatives; salts thereoves, when their volume decreased by -18% to 931 tons. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +12.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 66%. As a result, imports attained the peak of 1.1K tons, and then reduced sharply in the following year.

In value terms, imports of antibiotics; tetracyclines and their derivatives; salts thereoves contracted remarkably to $52M in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 26% against the previous year.

Import of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China26.832.852.927.10.4%
Macao SAR0.64.26.37.9136.1%
Others24.528.410.117.0-11.5%
Total51.965.369.352.00.1%

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

  1. China (882.1 tons)
  2. Macao SAR (23.5 tons)

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

In 2022, approx. 30 tons of antibiotics; tetracyclines and their derivatives; salts thereoves were exported from India; which is down by -15% compared with the previous year's figure. Overall, exports recorded a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 65% against the previous year.

In value terms, exports of antibiotics; tetracyclines and their derivatives; salts thereoves rose markedly to $2.4M in 2022. The total export value increased at an average annual rate of +3.9% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt39.1160180539139.8%
Ghana42.424.348.220067.7%
Nepal11729120518115.7%
United Arab EmiratesN/AN/A212133-37.3%
Iran46.8N/A15512137.3%
Northern Mariana Islands40.311221010336.7%
United KingdomN/AN/A56.684.248.8%
Democratic Republic of the Congo1054.431.282.4-7.8%
MalawiN/AN/AN/A70.60%
Australia1.20.571.269.3286.5%
Burundi30.0N/A6.441.011.0%
ChinaN/A89.31.025.1-47.0%
Nigeria43343.04.316.1-66.6%
Others1,2401,220878685-17.9%
Total2,0951,9442,0592,3523.9%

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

  1. Egypt (9.4 tons)
  2. Nepal (3.0 tons)
  3. Northern Mariana Islands (2.5 tons)
  4. United Arab Emirates (1.8 tons)
  5. Ghana (1.6 tons)
  6. Iran (1.5 tons)
  7. Australia (1.2 tons)
  8. United Kingdom (1.2 tons)
  9. Democratic Republic of the Congo (1.1 tons)
  10. China (0.9 tons)
  11. Nigeria (0.8 tons)
  12. Malawi (0.6 tons)
  13. Burundi (0.5 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Antibiotics; tetracyclines and their derivatives; salts thereof - India