Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Argentina - 2023

Contents:

  1. Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Argentina (CIF) - 2023
  2. Imports of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Argentina

Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Argentina (CIF) - 2023

The average import price for antibiotics; chloramphenicol and its derivatives; salts thereoves stood at $47,918 per ton in June 2023, dropping by -12.9% against the previous month. In general, the import price continues to indicate a noticeable contraction. The pace of growth appeared the most rapid in July 2022 when the average import price increased by 3.2% against the previous month. As a result, import price reached the peak level of $66,640 per ton. From August 2022 to June 2023, the average import prices remained at a lower figure.

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

From June 2022 to June 2023, the rate of growth in terms of prices for China amounted to -2.5% per month.

Imports of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Argentina

Imports of antibiotics; chloramphenicol and its derivatives; salts thereoves into Argentina skyrocketed to 66 tons in 2022, with an increase of 44% compared with 2021. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +6.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of antibiotics; chloramphenicol and its derivatives; salts thereoves surged to $4M in 2022. The total import value increased at an average annual rate of +6.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 33% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Import of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.32.63.44.06.6%
OthersN/AN/AN/AN/A0%
Total3.32.63.44.06.6%

Top Suppliers of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof to Argentina in 2022:

  1. China (65.7 tons)

Source: IndexBox Market Intelligence Platform

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