Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Morocco - 2023

Contents:

  1. Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Morocco (CIF) - 2023
  2. Imports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Morocco

Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Morocco (CIF) - 2023

The average import price for antibiotics; tetracyclines and their derivatives; salts thereoves stood at $18,421 per ton in December 2022, which is down by -82.4% against the previous month. In general, the import price showed a sharp slump. The pace of growth appeared the most rapid in November 2022 an increase of 280% against the previous month. Over the period under review, average import prices hit record highs at $118K per ton in July 2022; however, from August 2022 to December 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From June 2022 to December 2022, the rate of growth in terms of prices for China amounted to -23.7% per month.

Imports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Morocco

In 2022, supplies from abroad of antibiotics; tetracyclines and their derivatives; salts thereoves decreased by -21.7% to 67 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a abrupt descent. The pace of growth was the most pronounced in 2020 when imports increased by 9.7% against the previous year. As a result, imports attained the peak of 103 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of antibiotics; tetracyclines and their derivatives; salts thereoves declined to $2.2M in 2022. In general, imports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 21%. As a result, imports attained the peak of $3.4M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,1592,2361,7731,597-9.6%
Spain27015812283.0-32.5%
India35.241.339.755.916.7%
Netherlands11723021.231.2-35.6%
Others22273149545627.1%
Total2,8043,3962,4512,223-7.4%

Top Suppliers of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof to Morocco in 2022:

  1. China (60.4 tons)
  2. Netherlands (2.3 tons)
  3. Spain (2.3 tons)
  4. India (1.7 tons)

Source: IndexBox Market Intelligence Platform

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