Belarus: Market for Medicaments Of Other Antibiotics 2022

Market Size for Medicaments Of Other Antibiotics in Belarus

In 2021, the Belarusian medicaments of other antibiotics market was finally on the rise to reach $X after three years of decline. Over the period under review, consumption, however, continues to indicate a noticeable setback. Medicaments of other antibiotics consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Medicaments Of Other Antibiotics in Belarus

In value terms, medicaments of other antibiotics production stood at $X in 2021 estimated in export price. In general, the total production indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2019 indices. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Exports of Medicaments Of Other Antibiotics

Exports from Belarus

In 2021, overseas shipments of medicaments of other antibiotics decreased by -X% to X tons, falling for the second year in a row after five years of growth. Overall, exports, however, saw a remarkable increase. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, medicaments of other antibiotics exports surged to $X in 2021. In general, exports, however, showed strong growth. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Russia (X tons) was the main destination for medicaments of other antibiotics exports from Belarus, with a approx. X% share of total exports.

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

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

From 2012 to 2021, the average annual rate of growth in terms of value to Russia totaled +X%.

Export Prices by Country

In 2021, the average medicaments of other antibiotics export price amounted to $X per ton, surging by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

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

Imports of Medicaments Of Other Antibiotics

Imports into Belarus

In 2021, after four years of growth, there was significant decline in supplies from abroad of medicaments of other antibiotics, when their volume decreased by -X% to X tons. Overall, imports, however, saw resilient growth. The growth pace was the most rapid in 2014 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2020, and then shrank significantly in the following year.

In value terms, medicaments of other antibiotics imports contracted rapidly to $X in 2021. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2020, and then contracted dramatically in the following year.

Imports by Country

In 2021, Russia (X tons) constituted the largest medicaments of other antibiotics supplier to Belarus, with a X% share of total imports. Moreover, medicaments of other antibiotics imports from Russia exceeded the figures recorded by the second-largest supplier, China (X tons), sevenfold. The third position in this ranking was held by Bulgaria (X tons), with a X% share.

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

In value terms, Russia ($X) constituted the largest supplier of medicaments of other antibiotics to Belarus, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

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

Import Prices by Country

The average medicaments of other antibiotics import price stood at $X per ton in 2021, remaining constant against the previous year. In general, the import price, however, saw a deep reduction. The pace of growth was the most pronounced in 2017 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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