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

Contents:

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

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

In 2022, the average import price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves amounted to $65,461 per ton, picking up by 17% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves increased by +34.5% against 2020 indices. The most prominent rate of growth was recorded in 2015 an increase of 40%. The import price peaked at $89,359 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($382,580 per ton), while the price for Austria ($35,477 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+19.6%), 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 Ireland (FOB) - 2022

In 2021, the average export price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves amounted to $62,936 per ton, picking up by 3.3% against the previous year. Over the period under review, the export price recorded a buoyant expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 222% against the previous year. As a result, the export price attained the peak level of $170,551 per ton. From 2018 to 2021, the average export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Turkey amounted to +5.2% per year.

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

In 2022, supplies from abroad of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves increased by 106% to 125 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total imports indicated a modest expansion from 2019 to 2022: its volume increased at an average annual rate of +1.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves surged to $8.2M in 2022. In general, imports saw a temperate expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/A1,3541392,40133.2%
United Kingdom1,5981,5291,8251,6020.1%
Belgium0.30.40.11,5791639.5%
GermanyN/A63.7562898275.5%
India2,4780.1681632-36.6%
Spain1,26574.5N/A308-37.6%
Austria139501N/A28326.7%
Italy1,5501,678198154-53.7%
Others13213721.635639.2%
Total7,1625,3373,4288,2134.7%

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

  1. Netherlands (40.3 tons)
  2. United Kingdom (36.0 tons)
  3. Germany (16.9 tons)
  4. Belgium (14.1 tons)
  5. Austria (8.0 tons)
  6. Spain (4.6 tons)
  7. Italy (2.1 tons)
  8. India (1.7 tons)

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

Exports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves from Ireland shrank rapidly to less than 0.1 kg in 2022, reducing by 99.9% against the previous year's figure. Over the period under review, exports showed a noticeable contraction. The smallest decline of -0.2% was in 2021.

In value terms, exports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves contracted dramatically to $4 in 2022. In general, exports faced a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 3.2% against the previous year.

Export of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Ireland (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
United States490456471-2.0%
Others1.40.5N/A-64.3%
Total492457471-2.2%

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

  1. United States (7.5 tons)

Source: IndexBox Market Intelligence Platform

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