Azerbaijan: Market for Medicaments Of Other Antibiotics 2022

Market Size for Medicaments Of Other Antibiotics in Azerbaijan

The Azerbaijani medicaments of other antibiotics market rose significantly to $X in 2021, surging by X% 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, however, saw a relatively flat trend pattern. Medicaments of other antibiotics consumption peaked in 2021 and is likely to see gradual growth in the near future.

Exports of Medicaments Of Other Antibiotics

Exports from Azerbaijan

In 2021, exports of medicaments of other antibiotics from Azerbaijan declined significantly to X kg, which is down by -X% against the year before. Overall, exports continue to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, medicaments of other antibiotics exports contracted dramatically to $X in 2021. In general, exports recorded a sharp reduction. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Ukraine (X kg) was the main destination for medicaments of other antibiotics exports from Azerbaijan, with a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Ukraine totaled -X%.

In value terms, Ukraine ($X) also remains the key foreign market for medicaments of other antibiotics exports from Azerbaijan.

From 2012 to 2021, the average annual rate of growth in terms of value to Ukraine stood at -X%.

Export Prices by Country

The average medicaments of other antibiotics export price stood at $X per ton in 2021, growing by X% against the previous year. Over the period under review, the export price, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Ukraine amounted to -X% per year.

Imports of Medicaments Of Other Antibiotics

Imports into Azerbaijan

In 2021, medicaments of other antibiotics imports into Azerbaijan contracted to X tons, declining by -X% against the previous year's figure. Overall, imports continue to indicate a mild reduction. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, medicaments of other antibiotics imports soared to $X in 2021. Over the period under review, total imports indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Turkey (X tons), Russia (X tons) and Ukraine (X tons) were the main suppliers of medicaments of other antibiotics imports to Azerbaijan, together accounting for X% of total imports. These countries were followed by Belarus, India, China and the Netherlands, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belarus (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constituted the largest supplier of medicaments of other antibiotics to Azerbaijan, comprising X% of total imports. The second position in the ranking was taken by Russia ($X), with a X% share of total imports. It was followed by India, with an X% share.

From 2012 to 2021, the average annual growth rate of value from Turkey totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+X% per year) and India (-X% per year).

Import Prices by Country

In 2021, the average medicaments of other antibiotics import price amounted to $X per ton, growing by X% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, medicaments of other antibiotics import price increased by +X% against 2016 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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