Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Portugal - 2023

Contents:

  1. Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Portugal (CIF) - 2023
  2. Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Portugal (FOB) - 2022
  3. Imports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Portugal
  4. Exports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Portugal

Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Portugal (CIF) - 2023

The average import price for antibiotics; erythromycin and its derivatives; salts thereoves stood at $140K per ton in September 2023, declining by -50.8% against the previous month. Over the period under review, the import price showed a abrupt descent. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 342% month-to-month. The import price peaked at $347K per ton in July 2023; however, from August 2023 to September 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($160K per ton), while the price for France totaled $63,560 per ton.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Portugal (FOB) - 2022

In 2022, the average export price for antibiotics; erythromycin and its derivatives; salts thereoves amounted to $431,631 per ton, increasing by 297% against the previous year. In general, the export price continues to indicate a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Morocco ($479,171 per ton), while the average price for exports to Spain totaled $98,850 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.4%).

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

In 2022, supplies from abroad of antibiotics; erythromycin and its derivatives; salts thereoves was finally on the rise to reach 4 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a abrupt decrease.

In value terms, imports of antibiotics; erythromycin and its derivatives; salts thereoves surged to $1M in 2022. In general, imports, however, recorded a perceptible setback.

Import of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6003351877547.9%
India26615367.0178-12.5%
China24652088.780.1-31.2%
Spain19.44.18.226.511.0%
France4.07.05.16.316.3%
Malaysia18.9134N/AN/A609.0%
Netherlands57.126.825.1N/A-33.7%
Others6.1N/A0.50.5-56.6%
Total1,2171,1793821,045-5.0%

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

  1. Germany (2885.0 kg)
  2. India (567.0 kg)
  3. China (320.0 kg)
  4. Spain (141.0 kg)
  5. France (66.0 kg)

Exports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Portugal

In 2022, approx. 160 kg of antibiotics; erythromycin and its derivatives; salts thereoves were exported from Portugal; declining by -42.2% compared with the previous year. Overall, exports faced a sharp descent. The pace of growth was the most pronounced in 2021 when exports increased by 10% against the previous year.

In value terms, exports of antibiotics; erythromycin and its derivatives; salts thereoves skyrocketed to $69K in 2022. Over the period under review, exports, however, saw strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MoroccoN/AN/AN/A67.10%
Spain40.324.630.12.0-63.3%
Netherlands19.3N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total59.624.630.169.15.1%

Top Export Markets for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof from Portugal in 2022:

  1. Morocco (140.0 kg)
  2. Spain (20.0 kg)

Source: IndexBox Market Intelligence Platform

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