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

Contents:

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

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

In September 2023, the average export price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves amounted to $39,824 per ton, with an increase of 11% against the previous month. Overall, export price indicated a notable increase from November 2022 to September 2023: its price increased at an average monthly rate of +2.7% over the last ten-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, export price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves decreased by -32.5% against May 2023 indices. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 63% month-to-month. As a result, the export price attained the peak level of $58,961 per ton. From June 2023 to September 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Italy ($70,881 per ton), while the average price for exports to the Netherlands ($25,212 per ton) was amongst the lowest.

From November 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+4.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average import price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves amounted to $40,959 per ton, with an increase of 31% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. Over the period under review, average import prices hit record highs at $43,561 per ton in 2013; however, from 2014 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 China ($45,704 per ton), while the price for Austria ($25,704 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, after two years of decline, there was significant growth in shipments abroad of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves, when their volume increased by 12% to 5.9K tons. In general, exports, however, saw a abrupt descent.

In value terms, exports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves dropped to $179M in 2022. Over the period under review, exports, however, continue to indicate a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of 3.6%. As a result, the exports reached the peak of $234M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria142146106103-10.2%
Netherlands46.961.450.856.56.4%
Italy23.212.813.39.8-25.0%
Others13.813.810.89.5-11.7%
Total226234181179-7.5%

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

  1. Austria (3.4K tons)
  2. Netherlands (2.4K tons)
  3. Italy (0.1K tons)

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

In 2022, purchases abroad of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves decreased by -54.7% to 1.1K tons, falling for the second year in a row after two years of growth. In general, imports recorded a significant curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 82%. As a result, imports attained the peak of 3.9K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves fell markedly to $44M in 2022. Overall, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 60%. As a result, imports attained the peak of $100M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China24.929.623.928.95.1%
Germany0.42.22.54.6125.7%
Netherlands2.65.84.13.813.5%
Austria25.654.536.53.5-48.5%
Belgium1.01.33.02.026.0%
France0.80.91.20.80.0%
Italy4.82.72.30.3-60.3%
Others2.32.51.20.3-49.3%
Total62.399.574.744.2-10.8%

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

  1. China (631.6 tons)
  2. Austria (137.8 tons)
  3. Germany (114.8 tons)
  4. Netherlands (96.2 tons)
  5. Belgium (55.8 tons)
  6. France (24.7 tons)
  7. Italy (11.0 tons)

Source: IndexBox Market Intelligence Platform

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