Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Bulgaria - 2023

Contents:

  1. Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Bulgaria (FOB) - 2022
  2. Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Bulgaria (CIF) - 2022
  3. Exports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Bulgaria
  4. Imports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Bulgaria

Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Bulgaria (FOB) - 2022

The average export price for antibiotics; erythromycin and its derivatives; salts thereoves stood at $216,043 per ton in 2022, waning by -2.7% against the previous year. In general, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for antibiotics; erythromycin and its derivatives; salts thereoves increased by +68.0% against 2015 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 19% against the previous year. The export price peaked at $222,142 per ton in 2021, and then declined slightly in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +3.6% per year.

Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Bulgaria (CIF) - 2022

The average import price for antibiotics; erythromycin and its derivatives; salts thereoves stood at $125,243 per ton in 2022, surging by 4% against the previous year. In general, the import price recorded prominent growth. The most prominent rate of growth was recorded in 2016 an increase of 61%. Over the period under review, average import prices attained the peak figure at $150,584 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +5.7% per year.

Exports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Bulgaria

In 2022, shipments abroad of antibiotics; erythromycin and its derivatives; salts thereoves decreased by -41.3% to 2.5 tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a abrupt contraction. The growth pace was the most rapid in 2020 when exports increased by 75%. As a result, the exports attained the peak of 5.4 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of antibiotics; erythromycin and its derivatives; salts thereoves contracted markedly to $539K in 2022. Overall, exports, however, enjoyed mild growth. The most prominent rate of growth was recorded in 2020 with an increase of 109%. As a result, the exports reached the peak of $1.1M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan5141,0759445391.6%
OthersN/AN/AN/AN/A0%
Total5141,0759445391.6%

Top Export Markets for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof from Bulgaria in 2022:

  1. Japan (2.5 tons)

Imports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Bulgaria

In 2022, after three years of growth, there was significant decline in supplies from abroad of antibiotics; erythromycin and its derivatives; salts thereoves, when their volume decreased by -68.4% to 2.1 tons. Over the period under review, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 58%.

In value terms, imports of antibiotics; erythromycin and its derivatives; salts thereoves reduced markedly to $263K in 2022. In general, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 105%.

Import of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China89.823180126343.1%
Hong Kong SAR234N/AN/AN/A0%
JapanN/A509N/AN/A0%
Others39.24.90.10.4-78.3%
Total363745801263-10.2%

Top Suppliers of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof to Bulgaria in 2022:

  1. China (2.1 tons)

Source: IndexBox Market Intelligence Platform

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