Australia: Antibiotic Market 2025

Antibiotic Market Size in Australia

The Australian antibiotic market dropped markedly to $X in 2021, falling by -23.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a abrupt descent. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Antibiotic Exports

Exports from Australia

In 2021, approx. X tons of antibiotics were exported from Australia; increasing by 151% compared with the previous year's figure. Overall, exports saw prominent growth. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, antibiotic exports skyrocketed to $X in 2021. Over the period under review, exports, however, recorded a pronounced descent. The most prominent rate of growth was recorded in 2016 when exports increased by 169%. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

New Zealand (X tons) was the main destination for antibiotic exports from Australia, accounting for a 70% share of total exports. Moreover, antibiotic exports to New Zealand exceeded the volume sent to the second major destination, the United States (X tons), fourfold. Oman (X tons) ranked third in terms of total exports with a 7.3% share.

From 2012 to 2021, the average annual growth rate of volume to New Zealand totaled +11.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+7.0% per year) and Oman (0.0% per year).

In value terms, the United States ($X), New Zealand ($X) and Canada ($X) constituted the largest markets for antibiotic exported from Australia worldwide, together comprising 88% of total exports.

The United States, with a CAGR of +5.9%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average antibiotic export price stood at $X per ton in 2021, declining by -27.1% against the previous year. Overall, the export price recorded a abrupt descent. The growth pace was the most rapid in 2018 when the average export price increased by 69% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+64.4%), while the prices for the other major destinations experienced mixed trend patterns.

Antibiotic Imports

Imports into Australia

In 2021, the amount of antibiotics imported into Australia fell modestly to X tons, approximately mirroring 2020. In general, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2015 with an increase of 23%. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, antibiotic imports dropped notably to $X in 2021. Overall, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of 27%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Bulgaria (X tons), China (X tons) and Canada (X tons) were the main suppliers of antibiotic imports to Australia, together accounting for 94% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Canada (with a CAGR of +12.0%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X) constituted the largest supplier of antibiotics to Australia, comprising 53% of total imports. The second position in the ranking was taken by China ($X), with a 23% share of total imports. It was followed by the United States, with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy totaled -6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+0.4% per year) and the United States (-19.5% per year).

Import Prices by Country

The average antibiotic import price stood at $X per ton in 2021, with a decrease of -33.9% against the previous year. In general, the import price, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2018 when the average import price increased by 183%. The import price peaked at $X per ton in 2020, and then plummeted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+24.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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