Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Italy - 2023

Contents:

  1. Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Italy (CIF) - 2023
  2. Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Italy (FOB) - 2022
  3. Imports of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Italy
  4. Exports of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Italy

Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Italy (CIF) - 2023

The average import price for antibiotics; chloramphenicol and its derivatives; salts thereoves stood at $81,484 per ton in November 2023, declining by -63.1% against the previous month. Over the period under review, the import price continues to indicate a slight descent. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 1,075% m-o-m. As a result, import price attained the peak level of $606K per ton. From July 2023 to November 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was China ($86,049 per ton), while the price for Spain ($36,888 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+0.3%), while the prices for the other major suppliers experienced a decline.

Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Italy (FOB) - 2022

The average export price for antibiotics; chloramphenicol and its derivatives; salts thereoves stood at $75,575 per ton in 2022, reducing by -48.4% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 586% against the previous year. As a result, the export price attained the peak level of $249,394 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Croatia ($82,667 per ton), while the average price for exports to Canada stood at $75,671 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (+24.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Italy

In 2022, approx. 25 tons of antibiotics; chloramphenicol and its derivatives; salts thereoves were imported into Italy; increasing by 21% against 2021 figures. Over the period under review, imports, however, showed a pronounced descent. The growth pace was the most rapid in 2020 with an increase of 83% against the previous year. As a result, imports attained the peak of 53 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of antibiotics; chloramphenicol and its derivatives; salts thereoves soared to $1.8M in 2022. The total import value increased at an average annual rate of +3.1% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China54570862476011.7%
Netherlands911614408444-21.3%
Spain13725011038941.6%
Germany6.925.5202129165.4%
PolandN/A28.5N/AN/A0%
Others14.636.759.948.349.0%
Total1,6141,6621,4041,7703.1%

Top Suppliers of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof to Italy in 2022:

  1. Netherlands (9.5 tons)
  2. China (9.0 tons)
  3. Spain (3.8 tons)
  4. Germany (2.4 tons)

Exports of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Italy

In 2022, approx. 543 kg of antibiotics; chloramphenicol and its derivatives; salts thereoves were exported from Italy; jumping by 80% compared with the year before. In general, exports, however, saw a abrupt curtailment.

In value terms, exports of antibiotics; chloramphenicol and its derivatives; salts thereoves shrank to $41K in 2022. Over the period under review, exports, however, continue to indicate a abrupt setback.

Export of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada48.4N/A43.939.1-6.9%
CroatiaN/AN/A0.21.5650.0%
Denmark18.154.3N/AN/A200.0%
Iraq10.1N/AN/AN/A0%
Others1.5N/AN/A0.4-35.6%
Total78.054.344.141.0-19.3%

Top Export Markets for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof from Italy in 2022:

  1. Canada (517.0 kg)
  2. Croatia (18.0 kg)

Source: IndexBox Market Intelligence Platform

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