Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Algeria - 2022

Contents:

  1. Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Algeria (CIF) - 2022
  2. Imports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Algeria

Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Algeria (CIF) - 2022

The average import price for antibiotics; erythromycin and its derivatives; salts thereoves stood at $134,115 per ton in 2022, growing by 8.8% against the previous year. Overall, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for antibiotics; erythromycin and its derivatives; salts thereoves decreased by -17.6% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 52% against the previous year. The import price peaked at $162,761 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 the United Arab Emirates ($457,890 per ton), while the price for the United States ($30,598 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Algeria

In 2022, approx. 14 tons of antibiotics; erythromycin and its derivatives; salts thereoves were imported into Algeria; with a decrease of -4.2% on the previous year's figure. The total import volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 12% against the previous year. As a result, imports reached the peak of 15 tons, and then declined in the following year.

In value terms, imports of antibiotics; erythromycin and its derivatives; salts thereoves expanded slightly to $1.9M in 2022. In general, imports recorded a noticeable slump.

Import of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India29568074959026.0%
United Arab Emirates884724246477-18.6%
Italy13817220223920.1%
China318143227227-10.6%
United States280264232207-9.6%
Netherlands130129120106-6.6%
Spain37.440.340.541.33.4%
Others3.910.321.926.890.1%
Total2,0862,1631,8371,915-2.8%

Top Suppliers of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof to Algeria in 2022:

  1. United States (6.8 tons)
  2. China (1.9 tons)
  3. Italy (1.5 tons)
  4. India (1.4 tons)
  5. Netherlands (1.2 tons)
  6. United Arab Emirates (1.0 tons)
  7. Spain (0.3 tons)

Source: IndexBox Market Intelligence Platform

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