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

Contents:

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

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

The average import price for antibiotics; tetracyclines and their derivatives; salts thereoves stood at $14,695 per ton in 2022, with an increase of 32% against the previous year. Overall, the import price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 59% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +10.4% per year.

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

In 2022, the average export price for antibiotics; tetracyclines and their derivatives; salts thereoves amounted to $2,700 per ton, leveling off at the previous year. Over the period under review, the export price, however, continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by 31% against the previous year. The export price peaked at $6,070 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($11,568 per ton), while the average price for exports to Singapore stood at $2,251 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+7.1%), while the prices for the other major destinations experienced a decline.

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

In 2022, supplies from abroad of antibiotics; tetracyclines and their derivatives; salts thereoves decreased by -23.4% to 180 tons, falling for the second year in a row after two years of growth. In general, imports showed a dramatic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 6.1% against the previous year. As a result, imports attained the peak of 465 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 amounted to $2.6M in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 25% against the previous year. As a result, imports attained the peak of $3.2M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.63.12.52.60.0%
Hong Kong SARN/AN/AN/AN/A0%
OthersN/A0.10.10.10.0%
Total2.63.22.62.60.0%

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

  1. China (179.2 tons)

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

For the fourth year in a row, Malaysia recorded growth in overseas shipments of antibiotics; tetracyclines and their derivatives; salts thereoves, which increased by 351% to 57 tons in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of antibiotics; tetracyclines and their derivatives; salts thereoves soared to $154K in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore13.220.026.7122109.9%
Indonesia28.624.27.431.83.6%
Others1.620.0N/AN/A1150.0%
Total43.564.234.115452.4%

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

  1. Singapore (54.3 tons)
  2. Indonesia (2.7 tons)

Source: IndexBox Market Intelligence Platform

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