Price for Pharmaceutical Goods; Waste Pharmaceuticals in Ethiopia - 2022

Contents:

  1. Price for Pharmaceutical Goods; Waste Pharmaceuticals in Ethiopia (CIF) - 2022
  2. Imports of Pharmaceutical Goods; Waste Pharmaceuticals in Ethiopia

Price for Pharmaceutical Goods; Waste Pharmaceuticals in Ethiopia (CIF) - 2022

In 2022, the average pharmaceutical goods; waste pharmaceuticals import price amounted to $2,774,000 per ton, increasing by 20% against the previous year. Overall, the import price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 229% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($5,273,000 per ton), while the price for the United States ($8,000 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 (+39.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Pharmaceutical Goods; Waste Pharmaceuticals in Ethiopia

After three years of growth, overseas purchases of pharmaceutical goods; waste pharmaceuticalses decreased by -33.3% to 6 kg in 2022. Over the period under review, imports recorded a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. As a result, imports attained the peak of 9 kg, and then fell markedly in the following year.

In value terms, pharmaceutical goods; waste pharmaceuticals imports declined dramatically to $17K in 2022. In general, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 67%. As a result, imports reached the peak of $21K, and then contracted remarkably in the following year.

Import of Pharmaceutical Goods; Waste Pharmaceuticals in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Pakistan3.86.916.011.243.4%
United Kingdom4.74.44.45.34.1%
China0.10.10.20.226.0%
United StatesN/AN/AN/AN/A0%
IndiaN/A1.0N/AN/A0%
United Arab EmiratesN/AN/A0.2N/A0%
OthersN/AN/AN/AN/A0%
Total8.612.520.816.624.5%

Top Suppliers of Pharmaceutical Goods; Waste Pharmaceuticals to Ethiopia in 2022:

  1. Pakistan (3.0 kg)
  2. United States (1.0 kg)
  3. China (1.0 kg)
  4. United Kingdom (1.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Pharmaceutical goods; waste pharmaceuticals - Ethiopia