Hong Kong SAR, China: Market for Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof 2024

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

In 2022, the Hong Kong penicillins or streptomycins medicaments market decreased by X% to $X, falling for the second year in a row after two years of growth. In general, consumption saw a pronounced decrease. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

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

In value terms, penicillins or streptomycins medicaments production declined to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Exports from Hong Kong SAR, China

In 2022, shipments abroad of medicaments of penicillins, streptomycins or derivatives thereof increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, exports enjoyed notable growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, penicillins or streptomycins medicaments exports surged to $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for penicillins or streptomycins medicaments exports from Hong Kong SAR, accounting for a approx. X% share of total exports.

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

In value terms, China ($X) also remains the key foreign market for medicaments of penicillins, streptomycins or derivatives thereof exports from Hong Kong SAR.

From 2012 to 2022, the average annual rate of growth in terms of value to China was relatively modest.

Export Prices by Country

The average penicillins or streptomycins medicaments export price stood at $X per ton in 2022, reducing by X% against the previous year. In general, the export price recorded a pronounced setback. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Imports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Imports into Hong Kong SAR, China

In 2022, purchases abroad of medicaments of penicillins, streptomycins or derivatives thereof increased by X% to X tons for the first time since 2015, thus ending a six-year declining trend. Overall, imports, however, continue to indicate a deep slump. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, penicillins or streptomycins medicaments imports skyrocketed to $X in 2022. In general, imports, however, showed a noticeable downturn. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

India (X tons), Germany (X tons) and China (X tons) were the main suppliers of penicillins or streptomycins medicaments imports to Hong Kong SAR, with a combined X% share of total imports. Austria, the UK, Taiwan (Chinese) and France lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest penicillins or streptomycins medicaments suppliers to Hong Kong SAR were Taiwan (Chinese) ($X), the UK ($X) and China ($X), with a combined X% share of total imports.

In terms of the main suppliers, Taiwan (Chinese), with a CAGR of X%, saw the highest growth rate of 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 penicillins or streptomycins medicaments import price stood at $X per ton in 2022, waning by X% against the previous year. In general, the import price, however, showed a buoyant expansion. The growth pace was the most rapid in 2020 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices remained 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 Taiwan (Chinese) ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform