Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Vietnam - 2022
Contents:
- Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Vietnam (CIF) - 2022
- Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Vietnam (FOB) - 2022
- Imports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Vietnam
- Exports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Vietnam
Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Vietnam (CIF) - 2022
The average import price for antibiotics; erythromycin and its derivatives; salts thereoves stood at $92,746 per ton in 2022, shrinking by -7.9% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 19%. As a result, import price attained the peak level of $100,711 per ton, and then fell in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($93,189 per ton) and China ($93,187 per ton), while the price for Spain ($81,957 per ton) and Malaysia ($93,176 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Vietnam (FOB) - 2022
In 2022, the average export price for antibiotics; erythromycin and its derivatives; salts thereoves amounted to $221,853 per ton, rising by 6.6% against the previous year. Overall, the export price showed a buoyant increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 69%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($223,441 per ton), while the average price for exports to Lao People's Democratic Republic amounted to $171,306 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+9.7%).
Imports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Vietnam
In 2022, approx. 91 tons of antibiotics; erythromycin and its derivatives; salts thereoves were imported into Vietnam; rising by 60% against 2021. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +11.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of antibiotics; erythromycin and its derivatives; salts thereoves surged to $8.5M in 2022. The total import value increased at an average annual rate of +9.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.1 | 5.5 | 3.6 | 5.8 | 12.3% |
| Thailand | 0.5 | 0.6 | 0.7 | 1.2 | 33.9% |
| India | 1.3 | 1.2 | 1.0 | 0.9 | -11.5% |
| Malaysia | 0.1 | 0.2 | 0.2 | 0.3 | 44.2% |
| Spain | 0.4 | N/A | 0.2 | 0.2 | -20.6% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 6.5 | 7.6 | 5.8 | 8.5 | 9.4% |
Top Suppliers of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof to Vietnam in 2022:
- China (62.7 tons)
- Thailand (12.8 tons)
- India (9.2 tons)
- Malaysia (2.8 tons)
- Spain (2.7 tons)
Exports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Vietnam
In 2022, approx. 1.4 tons of antibiotics; erythromycin and its derivatives; salts thereoves were exported from Vietnam; with an increase of 2.3% on 2021 figures. The total export volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 2.3% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of antibiotics; erythromycin and its derivatives; salts thereoves stood at $320K in 2022. The total export value increased at an average annual rate of +9.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 9%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 245 | 257 | 284 | 313 | 8.5% |
| Lao People's Democratic Republic | 1.7 | 11.7 | 8.9 | 6.2 | 53.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 247 | 269 | 293 | 320 | 9.0% |
Top Export Markets for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof from Vietnam in 2022:
- Malaysia (1403.0 kg)
- Lao People's Democratic Republic (36.0 kg)
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This report provides an in-depth analysis of the antibiotic market in Vietnam.
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This report provides an in-depth analysis of the global antibiotic market.
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This report provides an in-depth analysis of the antibiotic market in Vietnam.
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This report provides an in-depth analysis of the global antibiotic market.
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