Azerbaijan - Medicaments Of Other Antibiotics - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Azerbaijan - Medicaments Of Other Antibiotics - Market Analysis, Forecast, Size, Trends And Insights

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Price for Medicaments of Other Antibiotics in Azerbaijan - 2023

Contents:

  1. Price for Medicaments of Other Antibiotics in Azerbaijan (CIF) - 2023
  2. Price for Medicaments of Other Antibiotics in Azerbaijan (FOB) - 2022
  3. Imports of Medicaments of Other Antibiotics in Azerbaijan
  4. Exports of Medicaments of Other Antibiotics in Azerbaijan

Price for Medicaments of Other Antibiotics in Azerbaijan (CIF) - 2023

In December 2023, the average medicaments of other antibiotics import price amounted to $21,275 per ton, reducing by -22.1% against the previous month. Over the period under review, the import price recorded a deep contraction. The most prominent rate of growth was recorded in February 2023 an increase of 39% against the previous month. As a result, import price reached the peak level of $46,227 per ton. From March 2023 to December 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Slovenia ($70,432 per ton), while the price for China ($9,750 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Medicaments of Other Antibiotics in Azerbaijan (FOB) - 2022

In 2022, the average medicaments of other antibiotics export price amounted to $46,761 per ton, falling by -18.3% against the previous year. In general, the export price saw a abrupt descent. The growth pace was the most rapid in 2018 when the average export price increased by 881% against the previous year. The export price peaked at $161,862 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($221,333 per ton), while the average price for exports to Uzbekistan amounted to $20,575 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Medicaments of Other Antibiotics in Azerbaijan

In 2022, purchases abroad of medicaments of other antibiotics decreased by -6.4% to 712 tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +7.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 45%. As a result, imports attained the peak of 832 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, medicaments of other antibiotics imports expanded slightly to $24M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +24.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.6% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 53%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Import of Medicaments of Other Antibiotics in Azerbaijan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey1.84.27.36.049.4%
Russia1.82.62.73.119.9%
India0.41.61.92.379.2%
China0.40.60.41.658.7%
Netherlands1.62.21.01.3-6.7%
Belarus2.01.81.71.3-13.4%
Ukraine0.71.41.60.98.7%
Others3.84.86.57.525.4%
Total12.519.123.123.924.1%

Top Suppliers of Medicaments of Other Antibiotics to Azerbaijan in 2022:

  1. China (216.7 tons)
  2. Russia (155.9 tons)
  3. Turkey (123.9 tons)
  4. Belarus (66.5 tons)
  5. India (55.5 tons)
  6. Netherlands (55.1 tons)
  7. Ukraine (50.1 tons)

Exports of Medicaments of Other Antibiotics in Azerbaijan

In 2022, the amount of medicaments of other antibiotics exported from Azerbaijan soared to 46 kg, rising by 44% compared with the previous year's figure. In general, total exports indicated significant growth from 2021 to 2022: its volume increased at an average annual rate of +43.8% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, medicaments of other antibiotics exports soared to $2.2K in 2022. The total export value increased at an average annual rate of +17.5% over the period from 2021 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Medicaments of Other Antibiotics in Azerbaijan (USD)
COUNTRY20212022CAGR,
2021-2022
IndiaN/A1,3280%
UzbekistanN/A8230%
Cote d'Ivoire47.0N/A0%
Ukraine1,784N/A0%
OthersN/AN/A0%
Total1,8312,15117.5%

Top Export Markets for Medicaments of Other Antibiotics from Azerbaijan in 2022:

  1. Uzbekistan (40.0 kg)
  2. India (6.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for medicaments of other antibiotics in Azerbaijan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 21201150 - Medicaments of other antibiotics, n.p.r.s.
  • Prodcom 21201180 - Medicaments of other antibiotics, p.r.s.

Country coverage:

  • Azerbaijan

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Azerbaijan
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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