United Kingdom: Antibiotic Market 2024

Antibiotic Market Size in the UK

In 2022, the UK antibiotic market was finally on the rise to reach $X after two years of decline. In general, consumption, however, continues to indicate a pronounced downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Antibiotic Production in the UK

In value terms, antibiotic production totaled $X in 2022 estimated in export price. In general, the total production indicated a buoyant increase 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Antibiotic Exports

Exports from the UK

In 2022, approx. X tons of antibiotics were exported from the UK; increasing by X% against 2021 figures. In general, exports, however, faced a abrupt downturn. The growth pace was the most rapid in 2020 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, antibiotic exports reached $X in 2022. Overall, exports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil (X tons), France (X tons) and Germany (X tons) were the main destinations of antibiotic exports from the UK, with a combined X% share of total exports. The Netherlands, Colombia, Spain, Austria, Ireland, Thailand, the United States, Japan, Chile and Italy lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Colombia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Austria ($X) appeared to be the largest markets for antibiotic exported from the UK worldwide, together accounting for X% of total exports. The United States, Brazil, Spain, the Netherlands, Ireland, Thailand, Italy, Japan, Colombia and Chile lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Colombia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average antibiotic export price stood at $X per ton in 2022, falling by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of X%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Colombia ($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 Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Antibiotic Imports

Imports into the UK

After three years of decline, overseas purchases of antibiotics increased by X% to X tons in 2022. In general, imports, however, recorded a noticeable slump. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, antibiotic imports rose markedly to $X in 2022. Overall, imports, however, showed a deep reduction. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Singapore (X tons), the United States (X tons) and China (X tons) were the main suppliers of antibiotic imports to the UK, with a combined X% share of total imports. India, Italy, Austria, Ireland, the Netherlands and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

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

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

Import Prices by Country

In 2022, the average antibiotic import price amounted to $X per ton, waning by X% against the previous year. Over the period under review, the import price continues to indicate a perceptible curtailment. The growth pace was the most rapid in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, 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 ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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