Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in the United Arab Emirates - 2022

Contents:

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

Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in the United Arab Emirates (CIF) - 2022

The average import price for antibiotics; erythromycin and its derivatives; salts thereoves stood at $90,095 per ton in 2022, which is down by -15% against the previous year. In general, the import price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 16%. As a result, import price attained the peak level of $154,203 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($279,179 per ton), while the price for Pakistan ($34,049 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in the United Arab Emirates (FOB) - 2022

The average export price for antibiotics; erythromycin and its derivatives; salts thereoves stood at $122,268 per ton in 2022, increasing by 122% against the previous year. Over the period under review, the export price posted buoyant growth. The pace of growth was the most pronounced in 2015 an increase of 421% against the previous year. As a result, the export price attained the peak level of $290,119 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Nigeria amounted to +113.1% per year.

Imports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in the United Arab Emirates

In 2022, the amount of antibiotics; erythromycin and its derivatives; salts thereoves imported into the United Arab Emirates totaled 30 tons, increasing by 5.7% against 2021 figures. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 232% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of antibiotics; erythromycin and its derivatives; salts thereoves declined to $2.7M in 2022. Over the period under review, imports saw a strong expansion. The growth pace was the most rapid in 2021 when imports increased by 162%. As a result, imports attained the peak of $3M, and then dropped in the following year.

Import of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2483502,3721,85395.5%
India1,117376475657-16.2%
Malaysia33535538.2175-19.5%
Pakistan196N/A11633.4-44.6%
Others1.772.827.74.033.0%
Total1,8971,1543,0292,72312.8%

Top Suppliers of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof to the United Arab Emirates in 2022:

  1. China (25.4 tons)
  2. India (2.4 tons)
  3. Malaysia (1.4 tons)
  4. Pakistan (1.0 tons)

Exports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in the United Arab Emirates

In 2022, shipments abroad of antibiotics; erythromycin and its derivatives; salts thereoves decreased by -97.4% to 579 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports faced a dramatic decline. The most prominent rate of growth was recorded in 2020 when exports increased by 215% against the previous year.

In value terms, exports of antibiotics; erythromycin and its derivatives; salts thereoves fell significantly to $71K in 2022. Over the period under review, exports continue to indicate a precipitous decline. The growth pace was the most rapid in 2020 with an increase of 141%.

Export of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Oman68.820336070.81.0%
MozambiqueN/AN/A619N/A0%
India136350N/AN/A157.4%
Iran116218240N/A43.8%
Others0.71.15.7N/A185.4%
Total3217731,22470.8-39.6%

Top Export Markets for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof from the United Arab Emirates in 2022:

  1. Oman (579.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Antibiotics; erythromycin and its derivatives; salts thereof - United Arab Emirates