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

Contents:

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

Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Azerbaijan (CIF) - 2022

The average import price for antibiotics; chloramphenicol and its derivatives; salts thereoves stood at $109,333 per ton in 2022, with an increase of 21% against the previous year. Over the period under review, the import price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2021 an increase of 108%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($258,000 per ton), while the price for the UK ($16,000 per ton) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was attained by China (+123.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, imports of antibiotics; chloramphenicol and its derivatives; salts thereoves into Azerbaijan totaled 6 kg, approximately mirroring 2021. Overall, imports recorded a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of 200% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of antibiotics; chloramphenicol and its derivatives; salts thereoves skyrocketed to $656 in 2022. In general, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 523%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Azerbaijan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustriaN/AN/AN/A2580%
United States90.0N/AN/A20431.4%
Germany62.063.045989.012.8%
ItalyN/AN/AN/A64.00%
China17.024.048.025.013.7%
United KingdomN/AN/AN/A16.00%
RussiaN/AN/A2.0N/A0%
Turkey81.0N/A33.0N/A-36.2%
Others9.0N/AN/AN/A0%
Total25987.054265636.3%

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

  1. United States (1.0 kg)
  2. Italy (1.0 kg)
  3. United Kingdom (1.0 kg)
  4. Austria (1.0 kg)
  5. Germany (1.0 kg)
  6. China (1.0 kg)

Source: IndexBox Market Intelligence Platform

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