Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Iraq - 2022

Contents:

  1. Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Iraq (CIF) - 2022
  2. Imports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Iraq

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

The average import price for antibiotics; erythromycin and its derivatives; salts thereoves stood at $197,537 per ton in 2022, rising by 31% against the previous year. Overall, the import price posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 186%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($226,484 per ton), while the price for Turkey ($72,971 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+34.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, supplies from abroad of antibiotics; erythromycin and its derivatives; salts thereoves decreased by -54% to 708 kg, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a dramatic decline. The pace of growth was the most pronounced in 2020 when imports increased by 78% against the previous year. As a result, imports attained the peak of 5.6 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of antibiotics; erythromycin and its derivatives; salts thereoves contracted notably to $140K in 2022. In general, imports saw a dramatic shrinkage. The smallest decline of -7.8% was in 2020.

Import of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China97.287.414492.7-1.6%
India96.014773.842.1-24.0%
Turkey14.77.25.15.0-30.2%
Iran110N/AN/AN/A0%
PolandN/A19.9N/AN/A0%
United Arab EmiratesN/A2.8N/AN/A0%
ItalyN/A28.4N/AN/A0%
OthersN/AN/A8.4N/A0%
Total318293231140-23.9%

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

  1. China (453.0 kg)
  2. India (186.0 kg)
  3. Turkey (69.0 kg)

Source: IndexBox Market Intelligence Platform

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