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

Contents:

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

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

In 2022, the average import price for antibiotics; erythromycin and its derivatives; salts thereoves amounted to $68,206 per ton, stabilizing at the previous year. Over the period under review, the import price, however, showed a deep reduction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 23%. The import price peaked at $156,011 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($68,305 per ton), while the price for Spain stood at $37,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.7%), while the prices for the other major suppliers experienced a decline.

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

In 2022, purchases abroad of antibiotics; erythromycin and its derivatives; salts thereoves decreased by -38.8% to 316 kg, falling for the second year in a row after two years of growth. Over the period under review, imports, however, posted significant growth. The growth pace was the most rapid in 2020 when imports increased by 830%. As a result, imports attained the peak of 567 kg. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of antibiotics; erythromycin and its derivatives; salts thereoves fell remarkably to $22K in 2022. Overall, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 800%. As a result, imports reached the peak of $57K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom6.056.835.021.553.0%
Others0.30.2N/AN/A-33.3%
Total6.356.935.021.650.8%

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

  1. United Kingdom (315.0 kg)

Source: IndexBox Market Intelligence Platform

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