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

Contents:

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

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

The average import price for antibiotics; tetracyclines and their derivatives; salts thereoves stood at $61,849 per ton in 2022, with an increase of 23% against the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for antibiotics; tetracyclines and their derivatives; salts thereoves increased by +9.2% against 2019 indices. The pace of growth was the most pronounced in 2019 when the average import price increased by 54%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 Portugal ($1,088,133 per ton), while the price for China totaled $35,674 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.1%).

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

The average export price for antibiotics; tetracyclines and their derivatives; salts thereoves stood at $300,403 per ton in 2022, stabilizing at the previous year. Overall, the export price, however, recorded a notable expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 584%. As a result, the export price attained the peak level of $1,595 per kg. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($339,495 per ton), while the average price for exports to Indonesia ($88,158 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 Italy (+12.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, supplies from abroad of antibiotics; tetracyclines and their derivatives; salts thereoves decreased by -12.6% to 387 tons, falling for the second year in a row after two years of growth. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 39%. As a result, imports attained the peak of 525 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of antibiotics; tetracyclines and their derivatives; salts thereoves rose sharply to $24M in 2022. The total import value increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 12% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.914.813.413.510.9%
Portugal5.14.63.27.011.1%
Others6.54.45.63.5-18.6%
Total21.423.922.323.93.8%

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

  1. China (377.2 tons)
  2. Portugal (6.4 tons)

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

After three years of growth, shipments abroad of antibiotics; tetracyclines and their derivatives; salts thereoves decreased by -91.4% to 981 kg in 2022. Over the period under review, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 156%.

In value terms, exports of antibiotics; tetracyclines and their derivatives; salts thereoves declined significantly to $295K in 2022. Overall, exports showed a significant curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 206% against the previous year. As a result, the exports attained the peak of $4.7M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea14824633720711.8%
Australia48.319171.776.116.4%
Canada5.37.2N/A4.8-3.2%
IndonesiaN/AN/AN/A1.70%
EgyptN/AN/A452N/A0%
Saudi Arabia1,3244,1612,578N/A39.5%
Others25.113816.35.1-41.2%
Total1,5504,7443,455295-42.5%

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

  1. South Korea (610.0 kg)
  2. Australia (303.0 kg)
  3. Canada (31.0 kg)
  4. Indonesia (19.0 kg)

Source: IndexBox Market Intelligence Platform

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