China: Antibiotic Market 2024

Antibiotic Market Size in China

The Chinese antibiotic market soared to $X in 2022, jumping by X% against the previous year. Over the period under review, consumption continues to indicate a resilient increase. Antibiotic consumption peaked in 2022 and is likely to see steady growth in years to come.

Antibiotic Production in China

In value terms, antibiotic production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Antibiotic production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Antibiotic Exports

Exports from China

In 2022, the amount of antibiotics exported from China dropped to X tons, declining by X% against the previous year's figure. Over the period under review, exports continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, antibiotic exports rose slightly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Exports by Country

India (X tons) was the main destination for antibiotic exports from China, accounting for a X% share of total exports. Moreover, antibiotic exports to India exceeded the volume sent to the second major destination, Vietnam (X tons), fivefold. The third position in this ranking was taken by Brazil (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to India stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and Brazil (X% per year).

In value terms, India ($X) remains the key foreign market for antibiotics exports from China, comprising X% of total exports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total exports. It was followed by Brazil, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to India amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and Brazil (X% per year).

Export Prices by Country

The average antibiotic export price stood at $X per ton in 2022, rising by X% against the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, antibiotic export price increased by X% against 2016 indices. The growth pace was the most rapid in 2018 when the average export price increased by X%. The export price peaked in 2022 and is likely to see steady growth in years to come.

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 United States ($X per ton), while the average price for exports to Thailand ($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 Indonesia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Antibiotic Imports

Imports into China

In 2022, purchases abroad of antibiotics was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, antibiotic imports soared to $X in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by X%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of antibiotic to China, accounting for a X% share of total imports. Moreover, antibiotic imports from the United States exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. The third position in this ranking was taken by South Korea (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and South Korea (X% per year).

In value terms, the United States ($X) constituted the largest supplier of antibiotics to China, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by Switzerland, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Switzerland (X% per year).

Import Prices by Country

In 2022, the average antibiotic import price amounted to $X per ton, increasing by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 Switzerland ($X,594 per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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