Thailand: Medicaments Containing Penicillin Market 2024

Medicaments Containing Penicillin Market Size in Thailand

The Thai medicaments containing penicillin market contracted to $X in 2022, falling by X% against the previous year. In general, consumption recorded a abrupt decline. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Medicaments Containing Penicillin Production in Thailand

In value terms, medicaments containing penicillin production contracted to $X in 2022 estimated in export price. Over the period under review, production recorded a drastic downturn. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Medicaments Containing Penicillin Exports

Exports from Thailand

Medicaments containing penicillin exports from Thailand shrank remarkably to X tons in 2022, dropping by X% compared with the previous year. Over the period under review, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, medicaments containing penicillin exports dropped rapidly to $X in 2022. In general, exports, however, saw a remarkable increase. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Myanmar (X tons) was the main destination for medicaments containing penicillin exports from Thailand, with a X% share of total exports. Moreover, medicaments containing penicillin exports to Myanmar exceeded the volume sent to the second major destination, Lao People's Democratic Republic (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume to Myanmar totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lao People's Democratic Republic (X% per year) and Vietnam (X% per year).

In value terms, Myanmar ($X) remains the key foreign market for medicaments containing penicillins or derivatives thereof exports from Thailand, comprising X% of total exports. The second position in the ranking was taken by Lao People's Democratic Republic ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Myanmar stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lao People's Democratic Republic (X% per year) and Vietnam (X% per year).

Export Prices by Country

In 2022, the average medicaments containing penicillin export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price, however, saw a pronounced descent. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Myanmar ($X per ton), while the average price for exports to Lao People's Democratic Republic ($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 Singapore (X%), while the prices for the other major destinations experienced mixed trend patterns.

Medicaments Containing Penicillin Imports

Imports into Thailand

In 2022, approx. X tons of medicaments containing penicillins or derivatives thereof were imported into Thailand; dropping by X% compared with 2021 figures. Overall, imports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, medicaments containing penicillin imports soared to $X in 2022. In general, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2015 when imports increased by X%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of medicaments containing penicillin to Thailand, with a X% share of total imports. Moreover, medicaments containing penicillin imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), eightfold. Austria (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, Austria ($X), China ($X) and Spain ($X) were the largest medicaments containing penicillin suppliers to Thailand, with a combined X% share of total imports.

Austria, with a CAGR of X%, recorded the highest rates of growth with regard to 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 containing penicillin import price amounted to $X per ton, surging by X% against the previous year. Overall, the import price enjoyed a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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