Price for Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Serbia - 2024

Contents:

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

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

The average import price for antibiotics; erythromycin and its derivatives; salts thereoves stood at $184,808 per ton in 2022, waning by -9.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2016 an increase of 27% against the previous year. The import price peaked at $203,684 per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($286,396 per ton), while the price for Spain ($130,415 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+103.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for antibiotics; erythromycin and its derivatives; salts thereoves amounted to $405,408 per ton, approximately equating the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 69%. Over the period under review, the average export prices reached the peak figure at $416,573 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for North Macedonia.

From 2012 to 2022, the rate of growth in terms of prices for North Macedonia amounted to +0.0% per year.

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

For the third year in a row, Serbia recorded decline in purchases abroad of antibiotics; erythromycin and its derivatives; salts thereoves, which decreased by -3.4% to 3.4 tons in 2022. Over the period under review, imports recorded a dramatic downturn.

In value terms, imports of antibiotics; erythromycin and its derivatives; salts thereoves shrank to $631K in 2022. In general, imports saw a abrupt decrease. The smallest decline of -4.2% was in 2020.

Import of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain553246N/A260-22.2%
India605832416240-26.5%
Malaysia45.095.085.512440.2%
ChinaN/AN/A2112.1-99.0%
Others25.14.67.35.0-41.6%
Total1,2281,177720631-19.9%

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

  1. Spain (1996.0 kg)
  2. India (838.0 kg)
  3. Malaysia (549.0 kg)
  4. China (10.0 kg)

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

In 2022, approx. 120 kg of antibiotics; erythromycin and its derivatives; salts thereoves were exported from Serbia; jumping by 97% on the previous year's figure. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of antibiotics; erythromycin and its derivatives; salts thereoves surged to $49K in 2022. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Antibiotics; Erythromycin and Its Derivatives; Salts Thereof in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
North Macedonia25.024.224.548.624.8%
OthersN/A0.10.5N/A400.0%
Total25.024.325.148.624.8%

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

  1. North Macedonia (120.0 kg)

Source: IndexBox Market Intelligence Platform

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