Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in the United States - 2024

Contents:

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

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

In 2022, the average import price for antibiotics; tetracyclines and their derivatives; salts thereoves amounted to $27,125 per ton, surging by 5.8% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for antibiotics; tetracyclines and their derivatives; salts thereoves increased by +6.9% against 2020 indices. The pace of growth was the most pronounced in 2016 an increase of 50% against the previous year. Over the period under review, average import prices attained the peak figure at $32,088 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($41,803 per ton), while the price for the UK ($13,436 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for antibiotics; tetracyclines and their derivatives; salts thereoves stood at $3,836,396 per ton in 2022, picking up by 754% against the previous year. Overall, the export price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2019 an increase of 2,459% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($19,199,585 per ton), while the average price for exports to Jordan ($363,125 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 Singapore (+102.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in the United States

In 2022, after two years of decline, there was significant growth in supplies from abroad of antibiotics; tetracyclines and their derivatives; salts thereoves, when their volume increased by 32% to 1.6K tons. In general, imports, however, saw a dramatic slump.

In value terms, imports of antibiotics; tetracyclines and their derivatives; salts thereoves skyrocketed to $42M in 2022. Overall, imports, however, showed a sharp descent.

Import of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China94.138.221.729.4-32.1%
Portugal3.23.70.64.07.7%
Macao SAR3.14.22.73.0-1.1%
Italy1.62.22.20.7-24.1%
Others2.54.02.95.026.0%
Total10552.330.142.1-26.3%

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

  1. China (1130.2 tons)
  2. Macao SAR (218.3 tons)
  3. Portugal (95.6 tons)
  4. Italy (29.4 tons)

Exports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in the United States

In 2022, shipments abroad of antibiotics; tetracyclines and their derivatives; salts thereoves decreased by -82.5% to 659 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2021 when exports increased by 74%. As a result, the exports attained the peak of 3.8 tons, and then fell rapidly in the following year.

In value terms, exports of antibiotics; tetracyclines and their derivatives; salts thereoves skyrocketed to $2.5M in 2022. Over the period under review, exports showed a mild downturn.

Export of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada4171577551,01834.6%
Singapore9.3N/A61.0752332.4%
UkraineN/AN/AN/A2620%
India1502,55319484.8-17.3%
United KingdomN/A2.6N/A59.0376.4%
Japan41.026.723.341.10.1%
EgyptN/A9.57.320.647.3%
Belgium25.320.920.518.3-10.2%
Jordan9.93.2N/A14.513.6%
CroatiaN/AN/AN/A9.10%
Costa RicaN/AN/AN/A5.20%
HungaryN/AN/A12.42.5-79.8%
NetherlandsN/AN/A2.5N/A0%
Others1,977947617241-50.4%
Total2,6293,7201,6932,528-1.3%

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

  1. Singapore (239.0 kg)
  2. United Kingdom (66.0 kg)
  3. Canada (53.0 kg)
  4. India (40.0 kg)
  5. Jordan (40.0 kg)
  6. Egypt (31.0 kg)
  7. Japan (23.0 kg)
  8. Croatia (22.0 kg)
  9. Ukraine (20.0 kg)
  10. Belgium (18.0 kg)
  11. Costa Rica (13.0 kg)
  12. Hungary (2.0 kg)

Source: IndexBox Market Intelligence Platform

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