Central Asia: Medicaments Containing Penicillin Market 2024

Medicaments Containing Penicillin Market Size in Central Asia

In 2021, the Central Asian medicaments containing penicillin market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption recorded strong 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.

Medicaments Containing Penicillin Production in Central Asia

In value terms, medicaments containing penicillin production rose notably to $X in 2021 estimated in export price. In general, production saw a buoyant increase. The pace of growth was the most pronounced in 2018 with an increase of 104%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Medicaments Containing Penicillin Exports

Exports in Central Asia

In 2021, shipments abroad of medicaments containing penicillins or derivatives thereof was finally on the rise to reach X tons after three years of decline. Over the period under review, exports saw a resilient expansion. The growth pace was the most rapid in 2017 with an increase of 382% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, medicaments containing penicillin exports stood at $X in 2021. In general, exports enjoyed a remarkable increase. The growth pace was the most rapid in 2017 when exports increased by 811% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Kazakhstan dominates exports structure, reaching X tons, which was near 85% of total exports in 2021. Kyrgyzstan (X kg) ranks second in terms of the total exports with a 7.4% share, followed by Uzbekistan (7.4%).

Kazakhstan was also the fastest-growing in terms of the medicaments containing penicillins or derivatives thereof exports, with a CAGR of +16.6% from 2012 to 2021. Kyrgyzstan and Uzbekistan experienced a relatively flat trend pattern. From 2012 to 2021, the share of Kyrgyzstan and Uzbekistan increased by +7.4 and +7.4 percentage points, respectively.

In value terms, Kazakhstan ($X) remains the largest medicaments containing penicillin supplier in Central Asia, comprising 98% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a 0.9% share of total exports.

In Kazakhstan, medicaments containing penicillin exports increased at an average annual rate of +16.3% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Uzbekistan (0.0% per year) and Kyrgyzstan (0.0% per year).

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per ton, reducing by -10.3% against the previous year. In general, the export price saw a slight descent. The pace of growth appeared the most rapid in 2017 when the export price increased by 89% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (-0.3%).

Medicaments Containing Penicillin Imports

Imports in Central Asia

In 2021, purchases abroad of medicaments containing penicillins or derivatives thereof increased by 2.3% to X tons, rising for the second consecutive year after three years of decline. Total imports indicated a temperate increase from 2012 to 2021: its volume increased at an average annual rate of +2.6% 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 +74.5% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 71%. The volume of import peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, medicaments containing penicillin imports expanded modestly 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 2017 when imports increased by 20% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Uzbekistan (X tons) represented the main importer of medicaments containing penicillins or derivatives thereof, comprising 57% of total imports. Kazakhstan (X tons) ranks second in terms of the total imports with a 35% share, followed by Mongolia (6.4%).

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Uzbekistan (with a CAGR of +34.3%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Uzbekistan ($X) constitutes the largest market for imported medicaments containing penicillins or derivatives thereof in Central Asia, comprising 61% of total imports. The second position in the ranking was held by Kazakhstan ($X), with an 18% share of total imports.

In Uzbekistan, medicaments containing penicillin imports increased at an average annual rate of +24.2% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (-12.0% per year) and Mongolia (+25.3% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2021, remaining stable against the previous year. Overall, the import price showed a perceptible setback. The pace of growth was the most pronounced in 2017 when the import price increased by 32%. Over the period under review, import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mongolia (+9.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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