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

Contents:

  1. Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Sri Lanka (CIF) - 2022
  2. Imports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Sri Lanka

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

The average import price for antibiotics; tetracyclines and their derivatives; salts thereoves stood at $40,479 per ton in 2022, growing by 74% against the previous year. In general, the import price continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2016 an increase of 109%. The import price peaked at $47,831 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 India ($52,637 per ton), while the price for China ($14,753 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Sri Lanka

In 2022, imports of antibiotics; tetracyclines and their derivatives; salts thereoves into Sri Lanka reduced dramatically to 1.2 tons, waning by -65.5% compared with the previous year's figure. In general, imports faced a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 259%.

In value terms, imports of antibiotics; tetracyclines and their derivatives; salts thereoves declined markedly to $47K in 2022. Over the period under review, imports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 75%.

Import of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India19.626.128.841.428.3%
Belgium3.5N/A2.53.4-1.0%
China2370.947.02.3-78.7%
NetherlandsN/A17.0N/AN/A0%
Others1.40.8N/AN/A-42.9%
Total26144.878.447.0-43.5%

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

  1. India (786.0 kg)
  2. Belgium (221.0 kg)
  3. China (154.0 kg)

Source: IndexBox Market Intelligence Platform

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