Turkey - Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Turkey - Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof - Market Analysis, Forecast, Size, Trends And Insights

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Price for Penicillins or Streptomycins Medicaments in Turkey - 2023

Contents:

  1. Price for Penicillins or Streptomycins Medicaments in Turkey (FOB) - 2023
  2. Price for Penicillins or Streptomycins Medicaments in Turkey (CIF) - 2023
  3. Exports of Penicillins or Streptomycins Medicaments in Turkey
  4. Imports of Penicillins or Streptomycins Medicaments in Turkey

Price for Penicillins or Streptomycins Medicaments in Turkey (FOB) - 2023

The average penicillins or streptomycins medicaments export price stood at $20,545 per ton in September 2023, picking up by 22% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 53% month-to-month. Over the period under review, the average export prices attained the peak figure at $22,891 per ton in July 2023; however, from August 2023 to September 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Belgium ($59,372 per ton), while the average price for exports to Cyprus ($8,274 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Penicillins or Streptomycins Medicaments in Turkey (CIF) - 2023

The average penicillins or streptomycins medicaments import price stood at $53,605 per ton in September 2023, with an increase of 22% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 46% against the previous month. The import price peaked at $59,686 per ton in September 2022; however, from October 2022 to September 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Egypt ($72,517 per ton), while the price for India ($15,638 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Egypt (-0.4%), while the prices for the other major suppliers experienced a decline.

Exports of Penicillins or Streptomycins Medicaments in Turkey

In 2022, shipments abroad of medicaments of penicillins, streptomycins or derivatives thereof was finally on the rise to reach 1.2K tons after two years of decline. In general, exports, however, continue to indicate a pronounced slump.

In value terms, penicillins or streptomycins medicaments exports reduced to $24M in 2022. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 5.1%. As a result, the exports reached the peak of $25M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Penicillins or Streptomycins Medicaments in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq3.02.93.33.22.2%
Yemen1.91.91.92.813.8%
Uzbekistan0.21.51.62.1119.0%
Georgia3.11.31.11.5-21.5%
North Macedonia0.80.80.41.420.5%
Philippines3.01.10.51.2-26.3%
Vietnam0.80.91.11.111.2%
Ethiopia1.71.41.11.0-16.2%
Malaysia0.50.50.30.711.9%
Kyrgyzstan0.10.70.80.681.7%
Afghanistan0.91.20.90.5-17.8%
Bosnia and Herzegovina0.10.10.30.571.0%
Somalia0.30.40.30.30.0%
Others7.710.811.07.1-2.7%
Total24.325.524.623.9-0.6%

Top Export Markets for Penicillins or Streptomycins Medicaments from Turkey in 2022:

  1. Iraq (233.1 tons)
  2. Yemen (186.8 tons)
  3. Ethiopia (129.8 tons)
  4. North Macedonia (98.0 tons)
  5. Vietnam (63.2 tons)
  6. Afghanistan (59.3 tons)
  7. Philippines (41.9 tons)
  8. Georgia (41.5 tons)
  9. Uzbekistan (38.1 tons)
  10. Somalia (32.1 tons)
  11. Bosnia and Herzegovina (26.9 tons)
  12. Malaysia (26.7 tons)
  13. Kyrgyzstan (24.2 tons)

Imports of Penicillins or Streptomycins Medicaments in Turkey

In 2022, after three years of growth, there was decline in overseas purchases of medicaments of penicillins, streptomycins or derivatives thereof, when their volume decreased by -1.9% to 269 tons. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +14.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 24%. As a result, imports attained the peak of 274 tons, and then shrank in the following year.

In value terms, penicillins or streptomycins medicaments imports reached $11M in 2022. The total import value increased at an average annual rate of +10.4% 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 2021 with an increase of 23%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Penicillins or Streptomycins Medicaments in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1.61.53.13.327.3%
Egypt1.20.91.62.832.6%
France3.11.12.92.5-6.9%
Spain1.31.41.81.811.5%
Germany0.30.10.2N/A-18.4%
United Arab Emirates0.13.4N/AN/A3300.0%
Others0.30.20.90.2-12.6%
Total7.98.610.510.610.3%

Top Suppliers of Penicillins or Streptomycins Medicaments to Turkey in 2022:

  1. Egypt (83.3 tons)
  2. Italy (80.5 tons)
  3. France (51.7 tons)
  4. Spain (47.8 tons)
  5. Germany (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for penicillins or streptomycins medicaments in Turkey. 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 21201160 - Medicaments of penicillins, streptomycins or derivatives thereof, in doses or p.r.s.

Country coverage:

  • Turkey

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Turkey
  • 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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