Algeria: Market for Medicaments Of Other Antibiotics 2024

Market Size for Medicaments Of Other Antibiotics in Algeria

The Algerian medicaments of other antibiotics market declined rapidly to $X in 2022, shrinking by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a drastic downturn. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Exports of Medicaments Of Other Antibiotics

Exports from Algeria

In 2022, shipments abroad of medicaments of other antibiotics increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, medicaments of other antibiotics exports declined dramatically to $X in 2022. Overall, exports showed significant growth. The pace of growth was the most pronounced in 2014 with an increase of X%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Libya (X tons) was the main destination for medicaments of other antibiotics exports from Algeria, accounting for a X% share of total exports. Moreover, medicaments of other antibiotics exports to Libya exceeded the volume sent to the second major destination, Morocco (X kg), more than tenfold. The third position in this ranking was held by Vietnam (X kg), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Libya amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (X% per year) and Vietnam (X% per year).

In value terms, the largest markets for medicaments of other antibiotics exported from Algeria were Libya ($X), the Netherlands ($X) and Jordan ($X), together accounting for X% of total exports. Cote d'Ivoire, Vietnam and Morocco lagged somewhat behind, together accounting for a further X%.

Cote d'Ivoire, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average medicaments of other antibiotics export price stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the export price saw a drastic downturn. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Morocco ($X 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 Jordan (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Imports of Medicaments Of Other Antibiotics

Imports into Algeria

In 2022, the amount of medicaments of other antibiotics imported into Algeria declined notably to X tons, shrinking by X% on 2021. Over the period under review, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, medicaments of other antibiotics imports contracted sharply to $X in 2022. In general, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Jordan (X tons), France (X tons) and Tunisia (X tons) were the main suppliers of medicaments of other antibiotics imports to Algeria, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Tunisia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Jordan ($X), France ($X) and Saudi Arabia ($X) constituted the largest medicaments of other antibiotics suppliers to Algeria, with a combined X% share of total imports. The Netherlands, Italy, China, Tunisia, Spain, Belgium, the United States, the UK, Portugal and Egypt lagged somewhat behind, together comprising a further X%.

Among the main suppliers, the Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average medicaments of other antibiotics import price stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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