Hong Kong SAR, China: Market for Medicaments Of Other Antibiotics 2024

Market Size for Medicaments Of Other Antibiotics in Hong Kong SAR, China

The Hong Kong medicaments of other antibiotics market fell to $X in 2022, shrinking by X% against the previous year. In general, consumption, however, saw a slight slump. Medicaments of other antibiotics consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Medicaments Of Other Antibiotics in Hong Kong SAR, China

In value terms, medicaments of other antibiotics production rose to $X in 2022 estimated in export price. In general, production, however, recorded a mild downturn. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Medicaments of other antibiotics production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Medicaments Of Other Antibiotics

Exports from Hong Kong SAR, China

In 2022, the amount of medicaments of other antibiotics exported from Hong Kong SAR surged to X tons, growing by X% on 2021 figures. Overall, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, medicaments of other antibiotics exports surged to $X in 2022. In general, exports, however, recorded a perceptible descent. The growth pace was the most rapid in 2015 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for medicaments of other antibiotics exports from Hong Kong SAR, with a X% share of total exports. Moreover, medicaments of other antibiotics exports to China exceeded the volume sent to the second major destination, Macao SAR (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to China amounted to X%.

In value terms, China ($X) and Macao SAR ($X) were the largest markets for medicaments of other antibiotics exported from Hong Kong SAR worldwide.

In terms of the main countries of destination, Macao SAR, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average medicaments of other antibiotics export price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price recorded a deep setback. The growth pace was 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 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Macao SAR ($X,370 per ton), while the average price for exports to China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (X%).

Imports of Medicaments Of Other Antibiotics

Imports into Hong Kong SAR, China

In 2022, supplies from abroad of medicaments of other antibiotics increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, medicaments of other antibiotics imports reduced to $X in 2022. Overall, total imports indicated a pronounced expansion from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Sweden (X tons), India (X tons) and Belgium (X tons) were the main suppliers of medicaments of other antibiotics imports to Hong Kong SAR, with a combined X% share of total imports. Switzerland, the United States, Malaysia, China, the Netherlands, Spain, the UK, Greece, Taiwan (Chinese) and Italy lagged somewhat behind, together comprising a further X%.

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

In value terms, Switzerland ($X), Belgium ($X) and Sweden ($X) constituted the largest medicaments of other antibiotics suppliers to Hong Kong SAR, with a combined X% share of total imports. The United States, the Netherlands, Italy, Spain, China, India, the UK, Malaysia, Greece and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

Greece, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average medicaments of other antibiotics import price amounted to $X per kg, declining by X% against the previous year. Overall, import price indicated a tangible increase 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. The growth pace was the most rapid in 2016 when the average import price increased by X% against the previous year. The import price peaked at $X per kg in 2021, and then contracted remarkably in the following year.

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 ($X per kg), while the price for Malaysia ($X per kg) was amongst the lowest.

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

Source: IndexBox Platform

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