Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Pakistan - 2023

Contents:

  1. Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Pakistan (CIF) - 2023
  2. Imports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Pakistan

Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Pakistan (CIF) - 2023

The average import price for antibiotics; tetracyclines and their derivatives; salts thereoves stood at $32,764 per ton in April 2023, jumping by 50% against the previous month. Overall, the import price, however, saw a perceptible decline. Over the period under review, average import prices attained the maximum at $44,909 per ton in November 2022; however, from December 2022 to April 2023, import prices failed to regain momentum.

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

From August 2022 to April 2023, the rate of growth in terms of prices for China amounted to -3.0% per month.

Imports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Pakistan

In 2022, the amount of antibiotics; tetracyclines and their derivatives; salts thereoves imported into Pakistan contracted markedly to 269 tons, with a decrease of -17.1% against the previous year's figure. Over the period under review, total imports indicated temperate growth from 2019 to 2022: its volume increased at an average annual rate of +4.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +28.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 55% against the previous year. As a result, imports reached the peak of 324 tons, and then fell markedly in the following year.

In value terms, imports of antibiotics; tetracyclines and their derivatives; salts thereoves contracted rapidly to $12M in 2022. Overall, imports, however, showed a perceptible expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 94% against the previous year. As a result, imports attained the peak of $18M, and then contracted sharply in the following year.

Import of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.78.117.411.66.1%
Taiwan (Chinese)0.71.00.50.3-24.6%
OthersN/A0.20.20.1-29.3%
Total10.59.318.012.04.6%

Top Suppliers of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof to Pakistan in 2022:

  1. China (261.1 tons)
  2. Taiwan (Chinese) (5.5 tons)

Source: IndexBox Market Intelligence Platform

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