Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Colombia - 2022

Contents:

  1. Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Colombia (CIF) - 2022
  2. Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Colombia (FOB) - 2022
  3. Imports of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Colombia
  4. Exports of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Colombia

Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Colombia (CIF) - 2022

In 2022, the average import price for antibiotics; chloramphenicol and its derivatives; salts thereoves amounted to $76,816 per ton, stabilizing at the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 25% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady 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 India ($225,187 per ton), while the price for China amounted to $75,173 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.8%).

Price for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Colombia (FOB) - 2022

The average export price for antibiotics; chloramphenicol and its derivatives; salts thereoves stood at $90,678 per ton in 2022, rising by 1.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2014 an increase of 25% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for Panama amounted to +2.7% per year.

Imports of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Colombia

In 2022, overseas purchases of antibiotics; chloramphenicol and its derivatives; salts thereoves were finally on the rise to reach 50 tons after two years of decline. The total import volume increased at an average annual rate of +6.7% from 2019 to 2022; however, the trend pattern 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; chloramphenicol and its derivatives; salts thereoves soared to $3.8M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +10.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.52.32.53.714.0%
India0.30.1N/A0.1-30.7%
Others0.1N/AN/AN/A0%
Total2.82.42.53.810.7%

Top Suppliers of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof to Colombia in 2022:

  1. China (49.0 tons)
  2. India (0.5 tons)

Exports of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Colombia

Exports of antibiotics; chloramphenicol and its derivatives; salts thereoves from Colombia totaled 301 kg in 2022, standing approx. at the previous year. The total export volume increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of antibiotics; chloramphenicol and its derivatives; salts thereoves expanded modestly to $27K in 2022. The total export value increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 3.1%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.

Export of Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama24.925.726.527.33.1%
OthersN/AN/AN/AN/A0%
Total24.925.726.527.33.1%

Top Export Markets for Antibiotics; Chloramphenicol and Its Derivatives; Salts Thereof from Colombia in 2022:

  1. Panama (301.0 kg)

Source: IndexBox Market Intelligence Platform

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