Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Thailand - 2024

Contents:

  1. Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Thailand (CIF) - 2024
  2. Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Thailand (FOB) - 2022
  3. Imports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Thailand
  4. Exports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Thailand

Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Thailand (CIF) - 2024

The average import price for antibiotics; tetracyclines and their derivatives; salts thereoves stood at $50,168 per ton in September 2023, surging by 3.2% against the previous month. Overall, import price indicated slight growth from March 2023 to September 2023: its price increased at an average monthly rate of +1.7% over the last six-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, import price for antibiotics; tetracyclines and their derivatives; salts thereoves increased by +61.2% against May 2023 indices. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 40% m-o-m. Over the period under review, average import prices reached the peak figure in September 2023.

As there is only one major supplying country, the average price level is determined by prices for China.

From March 2023 to September 2023, the rate of growth in terms of prices for China amounted to +1.7% per month.

Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Thailand (FOB) - 2022

The average export price for antibiotics; tetracyclines and their derivatives; salts thereoves stood at $22,617 per ton in 2022, with a decrease of -9.5% against the previous year. In general, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2021 an increase of 1,567%. The export price peaked at $74,540 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Myanmar ($32,081 per ton), while the average price for exports to China stood at $22,182 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (-7.4%).

Imports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Thailand

After three years of growth, overseas purchases of antibiotics; tetracyclines and their derivatives; salts thereoves decreased by -29.3% to 256 tons in 2022. In general, total imports indicated a modest increase from 2019 to 2022: its volume increased at an average annual rate of +1.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 37% against the previous year. As a result, imports reached the peak of 362 tons, and then dropped markedly in the following year.

In value terms, imports of antibiotics; tetracyclines and their derivatives; salts thereoves declined dramatically to $12M in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 59% against the previous year. As a result, imports reached the peak of $21M, and then dropped markedly in the following year.

Import of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11.513.120.811.50.0%
OthersN/AN/AN/AN/A0%
Total11.513.120.811.50.0%

Top Suppliers of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof to Thailand in 2022:

  1. China (255.8 tons)

Exports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Thailand

In 2022, overseas shipments of antibiotics; tetracyclines and their derivatives; salts thereoves were finally on the rise to reach 543 kg after two years of decline. Overall, exports, however, saw a dramatic setback.

In value terms, exports of antibiotics; tetracyclines and their derivatives; salts thereoves surged to $12K in 2022. In general, exports, however, showed a sharp decrease.

Export of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China222N/AN/A11.1-63.2%
MyanmarN/AN/AN/A1.20%
OthersN/AN/AN/AN/A0%
Total222N/AN/A12.3-61.9%

Top Export Markets for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof from Thailand in 2022:

  1. China (500.0 kg)
  2. Myanmar (37.0 kg)

Source: IndexBox Market Intelligence Platform

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