Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in India - 2023

Contents:

  1. Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in India (CIF) - 2023
  2. Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in India (FOB) - 2022
  3. Imports of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in India
  4. Exports of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in India

Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in India (CIF) - 2023

In November 2023, the average import price for antibiotics; streptomycins and their derivatives; salts thereoves amounted to $59,722 per ton, rising by 27% against the previous month. Overall, the import price saw noticeable growth. The pace of growth was the most pronounced in March 2023 an increase of 2,155% month-to-month. As a result, import price reached the peak level of $758K per ton. From April 2023 to November 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the Netherlands ($734K per ton), while the price for China amounted to $40,810 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+0.1%).

Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in India (FOB) - 2022

In 2022, the average export price for antibiotics; streptomycins and their derivatives; salts thereoves amounted to $24,643 per ton, waning by -78.8% against the previous year. Overall, the export price faced a abrupt decrease. The growth pace was the most rapid in 2017 an increase of 848%. As a result, the export price reached the peak level of $211,511 per ton. From 2018 to 2022, the average export prices remained 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 Russia ($167,511 per ton), while the average price for exports to Tajikistan ($7,067 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 Ukraine (+270.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in India

In 2022, after three years of growth, there was significant decline in overseas purchases of antibiotics; streptomycins and their derivatives; salts thereoves, when their volume decreased by -21.6% to 218 tons. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +16.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 72% against the previous year.

In value terms, imports of antibiotics; streptomycins and their derivatives; salts thereoves shrank dramatically to $7.4M in 2022. Overall, imports, however, enjoyed a moderate increase. The pace of growth was the most pronounced in 2021 with an increase of 73% against the previous year. As a result, imports reached the peak of $12M, and then fell markedly in the following year.

Import of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.36.611.56.40.5%
NetherlandsN/AN/A0.60.950.0%
Others0.30.60.30.1-30.7%
Total6.67.212.47.43.9%

Top Suppliers of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof to India in 2022:

  1. China (214.2 tons)
  2. Netherlands (3.8 tons)

Exports of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in India

In 2022, approx. 2.4 tons of antibiotics; streptomycins and their derivatives; salts thereoves were exported from India; picking up by 100% against 2021 figures. In general, exports recorded a perceptible expansion. The pace of growth was the most pronounced in 2020 with an increase of 187%. As a result, the exports attained the peak of 6.3 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of antibiotics; streptomycins and their derivatives; salts thereoves dropped remarkably to $58K in 2022. Overall, exports, however, recorded a dramatic shrinkage. The growth pace was the most rapid in 2020 when exports increased by 194%. As a result, the exports attained the peak of $763K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AfghanistanN/AN/AN/A20.40%
Nepal12062.930.918.5-46.4%
Russia18.24.0N/A7.9-24.3%
TajikistanN/AN/AN/A6.90%
MyanmarN/AN/AN/A2.10%
Vietnam0.2151N/AN/A75400.0%
Mexico96.0N/AN/AN/A0%
Turkmenistan18.522.5N/AN/A21.6%
UkraineN/A381N/AN/A0%
Others6.51401062.2-30.3%
Total26076313758.0-39.4%

Top Export Markets for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof from India in 2022:

  1. Tajikistan (981.0 kg)
  2. Afghanistan (695.0 kg)
  3. Nepal (458.0 kg)
  4. Myanmar (90.0 kg)
  5. Russia (47.0 kg)
  6. Vietnam (1.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Antibiotics; streptomycins and their derivatives; salts thereof - India