Price for Antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereof in Hong Kong SAR - 2023

Contents:

  1. Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Hong Kong SAR (CIF) - 2022
  2. Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Hong Kong SAR (FOB) - 2023
  3. Imports of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Hong Kong SAR
  4. Exports of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Hong Kong SAR

Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Hong Kong SAR (CIF) - 2022

The average import price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves stood at $34,704 per ton in 2022, surging by 17% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The pace of growth was the most pronounced in 2018 when the average import price increased by 32%. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($38,825 per ton), while the price for India ($34,061 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Hong Kong SAR (FOB) - 2023

In September 2023, the average export price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves amounted to $98,323 per ton, remaining relatively unchanged against the previous month. Overall, the export price showed a abrupt decrease. The export price peaked at $4.8M per ton in May 2023; however, from June 2023 to September 2023, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Uruguay.

From October 2022 to September 2023, the rate of growth in terms of prices for Uruguay amounted to -0.0% per month.

Imports of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Hong Kong SAR

In 2022, imports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves into Hong Kong SAR reached 365 tons, surging by 12% against 2021 figures. In general, imports, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2021 when imports increased by 29% against the previous year.

In value terms, imports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves soared to $13M in 2022. Over the period under review, imports, however, saw a abrupt decline.

Import of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India7.35.87.610.512.9%
Austria0.90.40.71.16.9%
China4.41.41.21.1-37.0%
Germany0.40.80.1N/A-50.0%
Slovenia2.1N/AN/AN/A0%
Others0.3N/AN/AN/A0%
Total15.38.39.612.7-6.0%

Top Suppliers of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof to Hong Kong SAR in 2022:

  1. India (308.4 tons)
  2. China (29.1 tons)
  3. Austria (27.5 tons)

Exports of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Hong Kong SAR

In 2022, after two years of decline, there was significant growth in overseas shipments of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves, when their volume increased by 630% to 1.3 tons. Overall, exports, however, continue to indicate a dramatic setback.

In value terms, exports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves surged to $119K in 2022. In general, exports, however, faced a dramatic contraction.

Export of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ArgentinaN/AN/AN/A1110%
India64.25544.80.6-78.9%
Thailand314N/AN/AN/A0%
China870N/AN/AN/A0%
Vietnam921640N/AN/A-30.5%
Singapore85.1N/AN/AN/A0%
Taiwan (Chinese)N/A124N/AN/A0%
Others23748.516.98.0-67.7%
Total2,4911,36621.7119-63.7%

Top Export Markets for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof from Hong Kong SAR in 2022:

  1. Argentina (1271.0 kg)
  2. India (14.0 kg)

Source: IndexBox Market Intelligence Platform

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