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

Contents:

  1. Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Spain (CIF) - 2022
  2. Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Spain (FOB) - 2022
  3. Imports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Spain
  4. Exports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Spain

Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Spain (CIF) - 2022

In 2022, the average import price for antibiotics; tetracyclines and their derivatives; salts thereoves amounted to $64,780 per ton, with an increase of 7.6% against the previous year. In general, the import price enjoyed buoyant growth. The growth pace was the most rapid in 2019 when the average import price increased by 43% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($91,867 per ton), while the price for the UK ($18,328 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Spain (FOB) - 2022

The average export price for antibiotics; tetracyclines and their derivatives; salts thereoves stood at $56,101 per ton in 2022, remaining stable against the previous year. Overall, the export price, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by 131% against the previous year. The export price peaked at $65,578 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tunisia ($133,180 per ton), while the average price for exports to Israel ($8,239 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 Ireland (+27.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, overseas purchases of antibiotics; tetracyclines and their derivatives; salts thereoves decreased by -21.7% to 603 tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2020 when imports increased by 6% against the previous year. As a result, imports attained the peak of 964 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 significantly to $39M in 2022. Overall, imports continue to indicate a slight decline. The pace of growth was the most pronounced in 2020 with an increase of 22% against the previous year. As a result, imports attained the peak of $50M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China34.535.733.323.0-12.6%
Germany3.36.74.78.336.0%
United KingdomN/A0.3N/A2.3176.9%
Netherlands1.74.73.12.05.6%
Belgium0.91.70.91.826.0%
Others0.30.74.41.778.3%
Total40.849.946.439.1-1.4%

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

  1. China (275.9 tons)
  2. United Kingdom (126.9 tons)
  3. Germany (117.6 tons)
  4. Netherlands (51.0 tons)
  5. Belgium (19.6 tons)

Exports of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Spain

In 2022, shipments abroad of antibiotics; tetracyclines and their derivatives; salts thereoves increased by 20% to 168 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a slight descent.

In value terms, exports of antibiotics; tetracyclines and their derivatives; salts thereoves soared to $9.4M in 2022. Overall, exports, however, saw a perceptible decrease.

Export of Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1,27544.514.81,76311.4%
Portugal4621,3293841,21638.1%
France2312763.21,13970.2%
Ireland1,8382,4271,7111,084-16.1%
Italy1,3247731,732803-15.4%
Greece9388221,591672-10.5%
Germany1,3511,707743670-20.8%
Algeria582324223305-19.4%
IsraelN/AN/AN/A66.90%
Others2,1822,9481,5791,714-7.7%
Total10,18110,6507,9819,433-2.5%

Top Export Markets for Antibiotics; Tetracyclines and Their Derivatives; Salts Thereof from Spain in 2022:

  1. Portugal (45.9 tons)
  2. United Kingdom (36.6 tons)
  3. France (23.2 tons)
  4. Greece (9.2 tons)
  5. Ireland (8.3 tons)
  6. Israel (8.1 tons)
  7. Italy (7.9 tons)
  8. Germany (7.5 tons)
  9. Algeria (6.8 tons)

Source: IndexBox Market Intelligence Platform

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