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

Contents:

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

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

In 2022, the average import price for antibiotics; tetracyclines and their derivatives; salts thereoves amounted to $62,228 per ton, increasing by 8.6% against the previous year. Over the period under review, the import price posted a strong increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 99%. As a result, import price attained the peak level of $78,666 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($51,457 per ton), while the price for Germany totaled $24,367 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for antibiotics; tetracyclines and their derivatives; salts thereoves stood at $37,333 per ton in 2022, surging by 79% against the previous year. Overall, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for antibiotics; tetracyclines and their derivatives; salts thereoves decreased by -24.4% against 2019 indices. The export price peaked at $51,710 per ton in 2014; however, from 2015 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 Kyrgyzstan ($40,126 per ton), while the average price for exports to Armenia ($20,105 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 Kazakhstan (+7.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of antibiotics; tetracyclines and their derivatives; salts thereoves imported into Russia declined rapidly to 185 tons, with a decrease of -19.4% on 2021 figures. Over the period under review, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 19%.

In value terms, imports of antibiotics; tetracyclines and their derivatives; salts thereoves dropped to $12M in 2022. In general, imports recorded a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 57% against the previous year.

Import of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.95.310.39.323.8%
Belarus1.82.8N/AN/A55.6%
Netherlands12.5N/A2.6N/A-54.4%
Others0.40.30.32.276.5%
Total19.58.413.111.5-16.1%

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

  1. China (180.4 tons)

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

In 2022, shipments abroad of antibiotics; tetracyclines and their derivatives; salts thereoves decreased by -78.4% to 522 kg, falling for the second consecutive year after two years of growth. Overall, exports faced a significant curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 29%. As a result, the exports attained the peak of 8.1 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of antibiotics; tetracyclines and their derivatives; salts thereoves reduced markedly to $19K in 2022. In general, exports faced a sharp decline. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. As a result, the exports attained the peak of $386K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KyrgyzstanN/AN/AN/A17.80%
Kazakhstan58.041.046.70.9-75.1%
ArmeniaN/A0.33.70.863.3%
Belarus250344N/AN/A37.6%
OthersN/AN/AN/AN/A0%
Total30838650.419.5-60.1%

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

  1. Kyrgyzstan (444.0 kg)
  2. Kazakhstan (40.0 kg)
  3. Armenia (38.0 kg)

Source: IndexBox Market Intelligence Platform

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