China: Market for Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof 2022

Market Size for Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof in China

The Chinese penicillins or streptomycins medicaments market fell to $X in 2021, with a decrease of -X% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Penicillins or streptomycins medicaments consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Production of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof in China

In value terms, penicillins or streptomycins medicaments production reduced to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then contracted modestly in the following year.

Exports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Exports from China

In 2021, shipments abroad of medicaments of penicillins, streptomycins or derivatives thereof decreased by -X% to X tons for the first time since 2015, thus ending a five-year rising trend. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2018 with an increase of X%. The exports peaked at X tons in 2020, and then declined in the following year.

In value terms, penicillins or streptomycins medicaments exports shrank to $X in 2021. Over the period under review, total exports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2020, and then dropped modestly in the following year.

Exports by Country

Nigeria (X tons) was the main destination for penicillins or streptomycins medicaments exports from China, with a X% share of total exports. Moreover, penicillins or streptomycins medicaments exports to Nigeria exceeded the volume sent to the second major destination, Congo (X tons), twofold. Kenya (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Nigeria totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Congo (+X% per year) and Kenya (+X% per year).

In value terms, the largest markets for penicillins or streptomycins medicaments exported from China were Nigeria ($X), the United States ($X) and Congo ($X), with a combined X% share of total exports.

The United States, 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

In 2021, the average penicillins or streptomycins medicaments export price amounted to $X per ton, which is down by -X% against the previous year. In general, the export price recorded a deep slump. The pace of growth appeared the most rapid in 2016 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-X%), while the prices for the other major destinations experienced a decline.

Imports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Imports into China

After two years of decline, supplies from abroad of medicaments of penicillins, streptomycins or derivatives thereof increased by X% to X tons in 2021. Over the period under review, total imports indicated moderate growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, penicillins or streptomycins medicaments imports soared to $X in 2021. Overall, imports continue to indicate a buoyant increase. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Hong Kong SAR (X tons), Italy (X tons) and France (X tons) were the main suppliers of penicillins or streptomycins medicaments imports to China, with a combined X% share of total imports.

From 2012 to 2021, the biggest increases were in France (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of penicillins or streptomycins medicaments to China, comprising X% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (-X% per year) and France (+X% per year).

Import Prices by Country

In 2021, the average penicillins or streptomycins medicaments import price amounted to $X per ton, picking up by X% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, penicillins or streptomycins medicaments import price increased by +X% against 2016 indices. The growth pace was the most rapid in 2017 when the average import price increased by X%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Argentina ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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