Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Guatemala - 2023

Contents:

  1. Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Guatemala (CIF) - 2022
  2. Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Guatemala (FOB) - 2022
  3. Imports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Guatemala
  4. Exports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Guatemala

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

In 2022, the average import price for antibiotics; erythromycin and its derivatives; salts thereoves amounted to $36,206 per ton, growing by 11% against the previous year. In general, the import price, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when the average import price increased by 53%. The import price peaked at $102,064 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($96,320 per ton), while the price for Spain ($24,733 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.6%), while the prices for the other major suppliers experienced a decline.

Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Guatemala (FOB) - 2022

The average export price for antibiotics; erythromycin and its derivatives; salts thereoves stood at $28,244 per ton in 2022, growing by 43% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($50,204 per ton), while the average price for exports to the Dominican Republic ($27,654 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 El Salvador (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of antibiotics; erythromycin and its derivatives; salts thereoves into Guatemala surged to 29 tons in 2022, picking up by 26% on the previous year's figure. The total import volume increased at an average annual rate of +6.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.

In value terms, imports of antibiotics; erythromycin and its derivatives; salts thereoves surged to $1M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +24.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.6% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 87%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Import of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China35179054884834.2%
India92.010339.018726.7%
South Korea45.0N/A44.5N/A-0.6%
Panama48.2N/AN/AN/A0%
Others2.71161102.4-3.9%
Total5391,0087421,03824.4%

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

  1. China (26.7 tons)
  2. India (1.9 tons)

Exports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Guatemala

After three years of growth, overseas shipments of antibiotics; erythromycin and its derivatives; salts thereoves decreased by -64% to 8.6 tons in 2022. Over the period under review, exports saw a noticeable reduction. The pace of growth appeared the most rapid in 2020 with an increase of 104%.

In value terms, exports of antibiotics; erythromycin and its derivatives; salts thereoves declined significantly to $243K in 2022. In general, exports, however, saw strong growth. The pace of growth was the most pronounced in 2020 with an increase of 130% against the previous year.

Export of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Dominican Republic10723434420424.0%
Honduras26.356.470.531.86.5%
El Salvador5.579.017.67.410.4%
Nicaragua34.453.238.5N/A5.8%
Others10.2N/AN/AN/A0%
Total1844234712439.7%

Top Export Markets for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof from Guatemala in 2022:

  1. Dominican Republic (7.4 tons)
  2. Honduras (1.1 tons)
  3. El Salvador (0.1 tons)

Source: IndexBox Market Intelligence Platform

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