Australia and Oceania: Market for Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof 2024

Market Size for Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof in Australia and Oceania

The penicillins or streptomycins medicaments market in Australia and Oceania dropped modestly to $X in 2022, remaining stable against the previous year. Over the period under review, consumption recorded a noticeable downturn. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof in Australia and Oceania

In value terms, penicillins or streptomycins medicaments production rose markedly to $X in 2022 estimated in export price. Overall, production recorded a slight downturn. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Exports in Australia and Oceania

In 2022, overseas shipments of medicaments of penicillins, streptomycins or derivatives thereof increased by X% to X tons, rising for the third year in a row after two years of decline. Overall, exports continue to indicate strong growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, penicillins or streptomycins medicaments exports skyrocketed to $X in 2022. In general, exports enjoyed a strong increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

In 2022, Australia (X tons) was the major exporter of medicaments of penicillins, streptomycins or derivatives thereof, generating X% of total exports. It was distantly followed by New Zealand (X tons), mixing up a X% share of total exports. Fiji (X tons) held a relatively small share of total exports.

Exports from Australia increased at an average annual rate of X% from 2012 to 2022. At the same time, Fiji (X%) and New Zealand (X%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of X% from 2012-2022. Fiji (X p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest penicillins or streptomycins medicaments supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: New Zealand (X% per year) and Fiji (X% per year).

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, with an increase of X% against the previous year. In general, the export price, however, recorded a noticeable decrease. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per ton), while Fiji ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced a decline in the export price figures.

Imports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Imports in Australia and Oceania

For the third consecutive year, Australia and Oceania recorded decline in supplies from abroad of medicaments of penicillins, streptomycins or derivatives thereof, which decreased by X% to X tons in 2022. Over the period under review, imports showed a noticeable reduction. The pace of growth was the most pronounced in 2015 when imports increased by X%. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, penicillins or streptomycins medicaments imports stood at $X in 2022. Overall, imports recorded a mild reduction. The most prominent rate of growth was recorded in 2015 with an increase of X%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Australia (X tons) was the major importer of medicaments of penicillins, streptomycins or derivatives thereof, committing X% of total imports. New Zealand (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Papua New Guinea (X%). Solomon Islands (X tons) held a relatively small share of total imports.

Imports into Australia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Solomon Islands (X%) and Papua New Guinea (X%) displayed positive paces of growth. Moreover, Solomon Islands emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. By contrast, New Zealand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Papua New Guinea increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported medicaments of penicillins, streptomycins or derivatives thereof in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports. It was followed by Papua New Guinea, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Australia was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (X% per year) and Papua New Guinea (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Zealand ($X per ton), while Solomon Islands ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform