Price for Antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereof in Sri Lanka - 2022

Contents:

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

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

In 2022, the average import price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves amounted to $54,311 per ton, picking up by 64% against the previous year. Overall, the import price continues to indicate buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 ($74,469 per ton), while the price for China stood at $43,018 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.9%), 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 Sri Lanka (FOB) - 2022

In 2022, the average export price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves amounted to $43,692 per ton, which is down by -3.8% against the previous year. In general, the export price showed a perceptible contraction. The export price peaked at $45,400 per ton in 2021, and then contracted slightly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($47,250 per ton), while the average price for exports to Ireland amounted to $1,000 per ton.

From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+4.1%).

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

In 2022, the amount of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves imported into Sri Lanka soared to 77 tons, picking up by 72% against the year before. In general, imports, however, continue to indicate a abrupt decrease.

In value terms, imports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves soared to $4.2M in 2022. Overall, imports recorded a buoyant increase. 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 Sri Lanka (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1.12.00.92.124.1%
China1.51.10.32.111.9%
Indonesia0.10.10.1N/A0.0%
Others0.10.10.2N/A41.4%
Total2.73.21.54.215.9%

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

  1. China (49.2 tons)
  2. India (27.5 tons)

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

In 2022, approx. 13 kg of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves were exported from Sri Lanka; waning by -48% compared with the previous year. Overall, exports continue to indicate a significant decrease.

In value terms, exports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves dropped markedly to $568 in 2022. In general, exports recorded a sharp descent.

Export of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Sri Lanka (USD)
COUNTRY20212022CAGR,
2021-2022
India1,135567-50.0%
IrelandN/A1.00%
OthersN/AN/A0%
Total1,135568-50.0%

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

  1. India (12.0 kg)
  2. Ireland (1.0 kg)

Source: IndexBox Market Intelligence Platform

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