Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in the Dominican Republic - 2023

Contents:

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

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

In 2022, the average import price for antibiotics; tetracyclines and their derivatives; salts thereoves amounted to $6,046 per ton, reducing by -14.5% against the previous year. In general, the import price showed a pronounced slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 74%. As a result, import price attained the peak level of $8,114 per ton. From 2018 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($26,728 per ton), while the price for the United States ($2,921 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 (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2021, the average export price for antibiotics; tetracyclines and their derivatives; salts thereoves amounted to $20,783 per ton, dropping by -44% against the previous year. Overall, the export price, however, recorded a significant expansion. The pace of growth was the most pronounced in 2014 an increase of 400%. Over the period under review, the average export prices reached the maximum at $37,111 per ton in 2020, and then dropped dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($24,895 per ton), while the average price for exports to the United States ($1,000 per ton) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+25.7%).

Imports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in the Dominican Republic

After two years of decline, supplies from abroad of antibiotics; tetracyclines and their derivatives; salts thereoves increased by 44% to 282 tons in 2022. Overall, imports, however, saw a perceptible decline.

In value terms, imports of antibiotics; tetracyclines and their derivatives; salts thereoves surged to $1.7M in 2022. In general, imports, however, saw a mild descent.

Import of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,5101,1761,1671,294-5.0%
Argentina20.436.159.5188109.7%
Netherlands92.888.875.014816.8%
United States20.842.219.720.0-1.3%
Others12321664.356.1-23.0%
Total1,7681,5591,3861,707-1.2%

Top Suppliers of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof to the Dominican Republic in 2022:

  1. China (261.0 tons)
  2. Argentina (7.0 tons)
  3. United States (6.9 tons)
  4. Netherlands (6.1 tons)

Exports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in the Dominican Republic

For the third year in a row, the Dominican Republic recorded growth in overseas shipments of antibiotics; tetracyclines and their derivatives; salts thereoves, which increased by 156% to 23 kg in 2021. Overall, exports recorded 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 surged to $478 in 2021. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 448%. Over the period under review, the exports of hit record highs in 2021 and are likely to continue growth in years to come.

Export of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in the Dominican Republic (USD)
COUNTRY201920202021CAGR,
2019-2021
Colombia59.0332473183.1%
GuatemalaN/AN/A3.00%
United States1.01.01.00.0%
HaitiN/A1.0N/A0%
Others1.0N/A1.00.0%
Total61.0334478179.9%

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

  1. Colombia (19.0 kg)
  2. Guatemala (2.0 kg)
  3. United States (1.0 kg)

Source: IndexBox Market Intelligence Platform

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