Russian Federation: Antibiotic Market 2024

Antibiotic Market Size in the Russian Federation

The Russian antibiotic market skyrocketed to $X in 2022, growing by X% against the previous year. In general, consumption continues to indicate resilient growth. Over the period under review, the market attained the peak level in 2022 and is likely to continue growth in the near future.

Antibiotic Production in the Russian Federation

In value terms, antibiotic production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Antibiotic Exports

Exports from the Russian Federation

After two years of decline, overseas shipments of antibiotics increased by X% to X tons in 2022. In general, exports, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, antibiotic exports declined to $X in 2022. Overall, exports, however, continue to indicate a abrupt decrease. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Moldova (X tons) was the main destination for antibiotic exports from Russia, with a X% share of total exports. Moreover, antibiotic exports to Moldova exceeded the volume sent to the second major destination, Kazakhstan (X tons), fourfold. Germany (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Moldova amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Germany (X% per year).

In value terms, Moldova ($X) emerged as the key foreign market for antibiotics exports from Russia, comprising X% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total exports. It was followed by Serbia, with a X% share.

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

Export Prices by Country

The average antibiotic export price stood at $X per ton in 2022, waning by X% against the previous year. Overall, the export price recorded a deep slump. The growth pace was the most rapid in 2019 an increase of X%. The export price peaked at $X per ton in 2020; however, from 2021 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 Serbia ($X per ton), while the average price for exports to Canada ($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 Moldova (X%), while the prices for the other major destinations experienced more modest paces of growth.

Antibiotic Imports

Imports into the Russian Federation

For the fourth consecutive year, Russia recorded growth in purchases abroad of antibiotics, which increased by X% to X tons in 2022. In general, imports recorded a resilient increase. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, antibiotic imports surged to $X in 2022. Over the period under review, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

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

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (X% per year) and the Netherlands (X% per year).

In value terms, China ($X) constituted the largest supplier of antibiotics to Russia, comprising X% of total imports. The second position in the ranking was held by India ($X), with an X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the average antibiotic import price amounted to $X per ton, reducing by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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