Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Vietnam - 2022

Contents:

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

Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Vietnam (CIF) - 2022

In 2022, the average import price for antibiotics; streptomycins and their derivatives; salts thereoves amounted to $35,484 per ton, rising by 22% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $36,719 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($73,770 per ton), while the price for China totaled $33,460 per ton.

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

Price for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Vietnam (FOB) - 2022

The average export price for antibiotics; streptomycins and their derivatives; salts thereoves stood at $28,972 per ton in 2022, surging by 11% against the previous year. Over the last one-year period, it increased at an average annual rate of +11.2%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Lao People's Democratic Republic.

From 2021 to 2022, the rate of growth in terms of prices for Lao People's Democratic Republic amounted to +11.2% per year.

Imports of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Vietnam

Imports of antibiotics; streptomycins and their derivatives; salts thereoves into Vietnam declined notably to 30 tons in 2022, shrinking by -57.5% compared with 2021 figures. In general, imports recorded a deep contraction. The pace of growth was the most pronounced in 2021 when imports increased by 65% against the previous year. As a result, imports reached the peak of 71 tons, and then reduced rapidly in the following year.

In value terms, imports of antibiotics; streptomycins and their derivatives; salts thereoves declined notably to $1.1M in 2022. Over the period under review, imports saw a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 61% against the previous year. As a result, imports attained the peak of $2.1M, and then fell sharply in the following year.

Import of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,5281,1441,915965-14.2%
India118143157113-1.4%
Others4.32.23.3N/A-12.4%
Total1,6501,2892,0751,077-13.3%

Top Suppliers of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof to Vietnam in 2022:

  1. China (28.8 tons)
  2. India (1.5 tons)

Exports of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Vietnam

In 2022, exports of antibiotics; streptomycins and their derivatives; salts thereoves from Vietnam fell rapidly to 214 kg, waning by -40.1% on 2021. Overall, exports continue to indicate a significant contraction.

In value terms, exports of antibiotics; streptomycins and their derivatives; salts thereoves declined sharply to $6.2K in 2022. In general, exports recorded a significant curtailment.

Export of Antibiotics; Streptomycins and Their Derivatives; Salts Thereof in Vietnam (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Lao People's Democratic Republic9.36.2-33.3%
OthersN/AN/A0%
Total9.36.2-33.3%

Top Export Markets for Antibiotics; Streptomycins and Their Derivatives; Salts Thereof from Vietnam in 2022:

  1. Lao People's Democratic Republic (214.0 kg)

Source: IndexBox Market Intelligence Platform

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