Bangladesh: Market for Medicaments Of Other Antibiotics 2022

Market Size for Medicaments Of Other Antibiotics in Bangladesh

In 2021, the Bangladeshi medicaments of other antibiotics market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, posted moderate growth. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Production of Medicaments Of Other Antibiotics in Bangladesh

In value terms, medicaments of other antibiotics production rose notably to $X in 2021 estimated in export price. In general, production, however, enjoyed a tangible increase. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Exports of Medicaments Of Other Antibiotics

Exports from Bangladesh

In 2021, the amount of medicaments of other antibiotics exported from Bangladesh fell markedly to X tons, declining by -X% compared with 2020 figures. Overall, exports continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, medicaments of other antibiotics exports reduced dramatically to $X in 2021. In general, exports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Myanmar (X tons) was the main destination for medicaments of other antibiotics exports from Bangladesh, accounting for a X% share of total exports. Moreover, medicaments of other antibiotics exports to Myanmar exceeded the volume sent to the second major destination, Sri Lanka (X tons), threefold. Nigeria (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Myanmar stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sri Lanka (+X% per year) and Nigeria (+X% per year).

In value terms, Sri Lanka ($X), Myanmar ($X) and the Philippines ($X) constituted the largest markets for medicaments of other antibiotics exported from Bangladesh worldwide, with a combined X% share of total exports.

Among the main countries of destination, Myanmar, with a CAGR of +X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average medicaments of other antibiotics export price amounted to $X per ton, with a decrease of -X% against the previous year. Overall, the export price showed a perceptible decline. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the Philippines ($X per ton), while the average price for exports to Myanmar ($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 Sri Lanka (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Medicaments Of Other Antibiotics

Imports into Bangladesh

In 2021, purchases abroad of medicaments of other antibiotics decreased by -X% to X tons, falling for the second year in a row after three years of growth. Over the period under review, imports, however, recorded a significant increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, medicaments of other antibiotics imports expanded remarkably to $X in 2021. Overall, imports, however, posted a buoyant increase. The pace of growth was the most pronounced in 2014 when imports increased by X%. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, China (X tons) constituted the largest medicaments of other antibiotics supplier to Bangladesh, with a X% share of total imports. Moreover, medicaments of other antibiotics imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), sixfold. The third position in this ranking was taken by Canada (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+X% per year) and Canada (+X% per year).

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

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

Import Prices by Country

In 2021, the average medicaments of other antibiotics import price amounted to $X per ton, rising by X% against the previous year. In general, the import price, however, continues to indicate a noticeable slump. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($X per ton), while the price for Ukraine ($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 (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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