Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Ghana - 2022

Contents:

  1. Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Ghana (CIF) - 2022
  2. Imports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Ghana

Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Ghana (CIF) - 2022

The average import price for antibiotics; erythromycin and its derivatives; salts thereoves stood at $84,053 per ton in 2022, surging by 3.9% against the previous year. In general, the import price enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by 73%. As a result, import price reached the peak level of $93,365 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Nigeria ($102,290 per ton), while the price for India ($76,245 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Ghana

In 2022, the amount of antibiotics; erythromycin and its derivatives; salts thereoves imported into Ghana dropped dramatically to 5.5 tons, falling by -15.9% against the previous year's figure. Over the period under review, imports showed a dramatic decrease. The pace of growth was the most pronounced in 2021 with an increase of 109% against the previous year.

In value terms, imports of antibiotics; erythromycin and its derivatives; salts thereoves shrank to $466K in 2022. Overall, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 81% against the previous year.

Import of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India57683.5462279-21.5%
China20.821071.013184.7%
NigeriaN/AN/AN/A55.70%
Others0.40.40.50.57.7%
Total597294533466-7.9%

Top Suppliers of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof to Ghana in 2022:

  1. India (3.7 tons)
  2. China (1.3 tons)
  3. Nigeria (0.5 tons)

Source: IndexBox Market Intelligence Platform

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