Price for Antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereof in Kenya - 2022

Contents:

  1. Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Kenya (CIF) - 2022
  2. Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Kenya (FOB) - 2022
  3. Imports of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Kenya
  4. Exports of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Kenya

Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Kenya (CIF) - 2022

In 2022, the average import price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves amounted to $32,294 per ton, growing by 21% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($33,838 per ton), while the price for Austria ($25,427 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Kenya (FOB) - 2022

The average export price for antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves stood at $26,156 per ton in 2022, rising by 14% against the previous year. Overall, the export price posted moderate growth. The most prominent rate of growth was recorded in 2014 an increase of 183%. Over the period under review, the average export prices reached the peak figure at $36,679 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Somalia ($41,220 per ton), while the average price for exports to Rwanda ($2,613 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Sudan (+52.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Kenya

In 2022, the amount of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves imported into Kenya contracted to 408 tons, shrinking by -9% on the year before. In general, imports recorded a slight setback. The pace of growth appeared the most rapid in 2021 with an increase of 33% against the previous year. As a result, imports reached the peak of 448 tons, and then fell in the following year.

In value terms, imports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves reached $13M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +5.7% 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 +55.9% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 41%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

Import of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Kenya (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.92.22.26.631.5%
India6.74.47.85.1-8.7%
Austria1.41.61.81.40.0%
Others0.20.20.2N/A0.0%
Total11.18.411.913.25.9%

Top Suppliers of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof to Kenya in 2022:

  1. China (201.6 tons)
  2. India (150.6 tons)
  3. Austria (54.4 tons)

Exports of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Kenya

In 2022, overseas shipments of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves were finally on the rise to reach 1.4 tons after two years of decline. Over the period under review, exports, however, recorded a dramatic decline.

In value terms, exports of antibiotics; penicillins and their derivatives with a penicillanic acid structure; salts thereoves skyrocketed to $38K in 2022. In general, exports, however, showed a dramatic slump.

Export of Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/A20.032.160.5%
Somalia3.750.43.25.212.0%
Rwanda0.11.20.10.10.0%
China75.5N/AN/AN/A0%
Others0.4N/A0.30.2-20.6%
Total79.751.623.637.6-22.2%

Top Export Markets for Antibiotics; Penicillins and Their Derivatives with A Penicillanic Acid Structure; Salts Thereof from Kenya in 2022:

  1. India (1266.0 kg)
  2. Somalia (127.0 kg)
  3. Rwanda (31.0 kg)

Source: IndexBox Market Intelligence Platform

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