Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Nigeria - 2023
Contents:
- Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Nigeria (CIF) - 2022
- Imports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Nigeria
Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Nigeria (CIF) - 2022
The average import price for antibiotics; erythromycin and its derivatives; salts thereoves stood at $10,206 per ton in 2022, with a decrease of -42.4% against the previous year. Overall, the import price showed a pronounced decrease. The growth pace was the most rapid in 2014 when the average import price increased by 380% against the previous year. Over the period under review, average import prices reached the maximum at $161,986 per ton in 2016; however, from 2017 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 India ($11,952 per ton), while the price for South Africa ($2,589 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+30.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Nigeria
In 2022, approx. 63 tons of antibiotics; erythromycin and its derivatives; salts thereoves were imported into Nigeria; jumping by 102% against the previous year's figure. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 537% against the previous year. As a result, imports reached the peak of 77 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of antibiotics; erythromycin and its derivatives; salts thereoves soared to $647K in 2022. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 1,259%. As a result, imports attained the peak of $1.8M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 115 | 1,510 | 407 | 532 | 66.6% |
| United Kingdom | N/A | N/A | N/A | 93.1 | 0% |
| France | N/A | N/A | 7.6 | 9.2 | 21.1% |
| South Africa | N/A | N/A | 1.9 | 6.4 | 236.8% |
| Belgium | N/A | 222 | 1.9 | 5.5 | -84.3% |
| China | N/A | 109 | 129 | N/A | 18.3% |
| Jordan | 20.0 | N/A | N/A | N/A | 0% |
| Others | 0.7 | N/A | 7.4 | 1.5 | 28.9% |
| Total | 135 | 1,841 | 555 | 647 | 68.6% |
Top Suppliers of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof to Nigeria in 2022:
- India (44.5 tons)
- United Kingdom (14.5 tons)
- South Africa (2.5 tons)
- France (1.4 tons)
- Belgium (0.2 tons)
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This report provides an in-depth analysis of the antibiotic market in Nigeria.
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This report provides an in-depth analysis of the global antibiotic market.
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This report provides an in-depth analysis of the antibiotic market in Nigeria.
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This report provides an in-depth analysis of the global antibiotic market.
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Discover the top import markets for antibiotics across the world, including India, Italy, Germany, and the United States. Gain insights into key statistics and market dynamics in these countries. IndexBox Market Intelligence platform provides accurate and up-to-date data for informed decision-making.
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In 2016, the global antibiotic imports stood at X tons, reducing by -X% against the previous year level. Overall, antibiotic imports continue to indicate a temperate setback. The pace of growt...
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In 2016, the global antibiotic imports stood at X tons, reducing by -X% against the previous year level. Overall, antibiotic imports continue to indicate a temperate setback. The pace of growt...
2715
The global trade in antibiotics amounted to X million USD in 2015, showing some fluctuations over the period under review. A slight decline in 2009 was followed by a peak in 2011, until exports decreased again. Overall
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China is one of the largest global producers and consumers of antibiotics. In 2014, China exported X% of its total antibiotics output. Of this amount, X% was supplied to India, where Chinese antibiotics held a X% share of total India's consumption
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Switzerland is one of the leaders in the global antibiotics trade. However, in 2014, Switzerland exported X tons of antibiotics totaling X billion USD, a full X% under the previous year. Its primary trading partner was Germany, where it suppli
258
Discover the top import markets for antibiotics across the world, including India, Italy, Germany, and the United States. Gain insights into key statistics and market dynamics in these countries. IndexBox Market Intelligence platform provides accurate and up-to-date data for informed decision-making.
636
In 2016, the global antibiotic imports stood at X tons, reducing by -X% against the previous year level. Overall, antibiotic imports continue to indicate a temperate setback. The pace of growt...
1506
In 2016, the global antibiotic imports stood at X tons, reducing by -X% against the previous year level. Overall, antibiotic imports continue to indicate a temperate setback. The pace of growt...
2715
The global trade in antibiotics amounted to X million USD in 2015, showing some fluctuations over the period under review. A slight decline in 2009 was followed by a peak in 2011, until exports decreased again. Overall
