Australia - Medicaments Containing Insulin But Not Antibiotics - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMedicaments Containing Insulin Price in Australia - 2023
Contents:
- Medicaments Containing Insulin Price in Australia (FOB) - 2022
- Medicaments Containing Insulin Price in Australia (CIF) - 2022
- Medicaments Containing Insulin Exports in Australia
- Medicaments Containing Insulin Imports in Australia
Medicaments Containing Insulin Price in Australia (FOB) - 2022
In 2022, the average medicaments containing insulin export price amounted to $90,820 per ton, waning by -18.4% against the previous year. In general, the export price showed a perceptible contraction. The most prominent rate of growth was recorded in 2020 an increase of 33% against the previous year. As a result, the export price reached the peak level of $146,104 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Tonga ($557,901 per ton), while the average price for exports to Malaysia ($71,553 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tonga (+37.9%), while the prices for the other major destinations experienced mixed trend patterns.
Medicaments Containing Insulin Price in Australia (CIF) - 2022
In 2022, the average medicaments containing insulin import price amounted to $164,463 per ton, stabilizing at the previous year. In general, the import price posted a prominent increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 71% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($1,634,128 per ton), while the price for the United States amounted to $22,754 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+48.7%).
Medicaments Containing Insulin Exports in Australia
In 2022, approx. 1.1 tons of medicaments containing insulin but not antibiotics were exported from Australia; reducing by -57.9% compared with the previous year's figure. Overall, exports, however, saw tangible growth. The growth pace was the most rapid in 2021 with an increase of 188% against the previous year. As a result, the exports reached the peak of 2.5 tons, and then dropped notably in the following year.
In value terms, medicaments containing insulin exports declined rapidly to $96K in 2022. Over the period under review, exports saw a pronounced setback. The pace of growth appeared the most rapid in 2021 with an increase of 120% against the previous year. As a result, the exports reached the peak of $281K, and then dropped remarkably in the following year.
| Export of Medicaments Containing Insulin in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 91.2 | 106 | 205 | 70.9 | -8.1% |
| Tonga | 0.8 | 3.4 | 34.2 | 11.5 | 143.1% |
| Samoa | 1.0 | 4.2 | 16.0 | 5.4 | 75.4% |
| Others | 16.9 | 13.7 | 24.9 | 8.7 | -19.9% |
| Total | 110 | 128 | 281 | 96.5 | -4.3% |
Top Export Markets for Medicaments Containing Insulin from Australia in 2022:
- Malaysia (991.0 kg)
- Tonga (21.0 kg)
- Samoa (20.0 kg)
Medicaments Containing Insulin Imports in Australia
In 2022, overseas purchases of medicaments containing insulin but not antibiotics decreased by -30.9% to 683 kg for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated tangible growth from 2019 to 2022: its volume increased at an average annual rate of +2.5% 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 +7.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 49%. As a result, imports attained the peak of 989 kg, and then declined significantly in the following year.
In value terms, medicaments containing insulin imports fell rapidly to $112K in 2022. Over the period under review, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 154% against the previous year. As a result, imports reached the peak of $161K, and then shrank notably in the following year.
| Import of Medicaments Containing Insulin in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 26.5 | 32.0 | 114 | 77.9 | 43.3% |
| United States | 15.7 | 15.9 | 21.7 | 14.3 | -3.1% |
| Others | 12.9 | 15.6 | 25.5 | 20.2 | 16.1% |
| Total | 55.1 | 63.5 | 161 | 112 | 26.7% |
Top Suppliers of Medicaments Containing Insulin to Australia in 2022:
- United States (630.0 kg)
- India (48.0 kg)
This report provides an in-depth analysis of the medicaments containing insulin market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 21201230 - Medicaments containing insulin but not antibiotics, for therapeutic or prophylactic uses, not put up in measured doses or for retail sale
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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