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

Contents:

  1. Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in South Africa (CIF) - 2024
  2. Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in South Africa (FOB) - 2022
  3. Imports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in South Africa
  4. Exports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in South Africa

Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in South Africa (CIF) - 2024

The average import price for antibiotics; tetracyclines and their derivatives; salts thereoves stood at $16,401 per ton in July 2023, rising by 462% against the previous month. Overall, the import price enjoyed a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From January 2023 to July 2023, the rate of growth in terms of prices for China amounted to +16.9% per month.

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

The average export price for antibiotics; tetracyclines and their derivatives; salts thereoves stood at $4,713 per ton in 2022, declining by -14.2% against the previous year. Overall, the export price recorded a deep downturn. The pace of growth was the most pronounced in 2018 an increase of 439% against the previous year. The export price peaked at $38,487 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Botswana ($22,500 per ton), while the average price for exports to Zambia ($3,348 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 Zimbabwe (-1.0%), while the prices for the other major destinations experienced a decline.

Imports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in South Africa

In 2022, purchases abroad of antibiotics; tetracyclines and their derivatives; salts thereoves decreased by -22.2% to 523 tons, falling for the second year in a row after two years of growth. In general, imports recorded a pronounced curtailment. The growth pace was the most rapid in 2020 when imports increased by 37%. As a result, imports attained the peak of 822 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 dropped sharply to $5M in 2022. Overall, imports saw a abrupt downturn. The pace of growth appeared the most rapid in 2020 with an increase of 12%. As a result, imports reached the peak of $7.1M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.46.76.54.9-3.2%
Others1.00.40.40.1-53.6%
Total6.47.16.85.0-7.9%

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

  1. China (523.3 tons)

Exports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in South Africa

In 2022, approx. 12 tons of antibiotics; tetracyclines and their derivatives; salts thereoves were exported from South Africa; increasing by 52% on the year before. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 136%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, exports of antibiotics; tetracyclines and their derivatives; salts thereoves skyrocketed to $57K in 2022. Over the period under review, exports, however, showed a sharp setback.

Export of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zimbabwe0.917.620.534.2236.2%
MalawiN/A12.914.714.66.4%
ZambiaN/AN/A8.46.0-28.6%
Botswana1020.2N/AN/A-99.8%
Lesotho18.81.3N/AN/A-93.1%
OthersN/A2.50.32.50.0%
Total12134.343.857.3-22.1%

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

  1. Zimbabwe (7.2 tons)
  2. Malawi (3.0 tons)
  3. Zambia (1.8 tons)

Source: IndexBox Market Intelligence Platform

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