CIS: Medicaments Containing Penicillin Market 2024

Medicaments Containing Penicillin Market Size in CIS

After two years of decline, the CIS medicaments containing penicillin market increased by 17% to $X in 2021. Overall, consumption showed a resilient expansion. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Medicaments Containing Penicillin Production in CIS

In value terms, medicaments containing penicillin production soared to $X in 2021 estimated in export price. In general, production showed a buoyant expansion. The growth pace was the most rapid in 2018 with an increase of 103%. 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 CIS

In 2021, medicaments containing penicillin exports in the CIS was estimated at X tons, increasing by 2.5% compared with 2020. Overall, exports showed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 263% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to see steady growth in the immediate term.

In value terms, medicaments containing penicillin exports rose remarkably to $X in 2021. Over the period under review, exports recorded significant growth. The growth pace was the most rapid in 2017 when exports increased by 262% against the previous year. The level of export peaked in 2021 and is likely to continue growth in years to come.

Exports by Country

Russia was the key exporter of medicaments containing penicillins or derivatives thereof in the CIS, with the volume of exports reaching X tons, which was near 74% of total exports in 2021. It was distantly followed by Belarus (X tons) and Kazakhstan (X tons), together committing a 24% share of total exports.

Exports from Russia increased at an average annual rate of +38.4% from 2012 to 2021. At the same time, Belarus (+47.6%) and Kazakhstan (+16.6%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +47.6% from 2012-2021. While the share of Russia (+14 p.p.) and Belarus (+8.9 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Kazakhstan (-21.9 p.p.) displayed negative dynamics.

In value terms, Belarus ($X) remains the largest medicaments containing penicillin supplier in the CIS, comprising 73% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with an 18% share of total exports.

In Belarus, medicaments containing penicillin exports expanded at an average annual rate of +75.6% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Kazakhstan (+16.3% per year) and Russia (+16.7% per year).

Export Prices by Country

The export price in the CIS stood at $X per ton in 2021, picking up by 3.6% against the previous year. In general, the export price, however, showed a mild downturn. The most prominent rate of growth was recorded in 2014 an increase of 50%. Over the period under review, the export prices reached the peak figure at $X per ton in 2018; however, from 2019 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 Belarus ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+19.0%), while the other leaders experienced a decline in the export price figures.

Medicaments Containing Penicillin Imports

Imports in CIS

In 2021, supplies from abroad of medicaments containing penicillins or derivatives thereof decreased by -15.3% to X tons, falling for the second year in a row after three years of growth. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 176%. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, medicaments containing penicillin imports reduced rapidly to $X in 2021. In general, imports, however, posted a prominent expansion. The growth pace was the most rapid in 2014 with an increase of 122%. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Russia was the major importer of medicaments containing penicillins or derivatives thereof in the CIS, with the volume of imports resulting at X tons, which was approx. 66% of total imports in 2021. Uzbekistan (X tons) took the second position in the ranking, followed by Kazakhstan (X tons) and Belarus (X tons). All these countries together held approx. 32% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to medicaments containing penicillin imports into Russia stood at -2.3%. At the same time, Uzbekistan (+34.3%) and Belarus (+3.3%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +34.3% from 2012-2021. By contrast, Kazakhstan (-5.4%) illustrated a downward trend over the same period. While the share of Uzbekistan (+15 p.p.) and Belarus (+1.6 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Kazakhstan (-5.4 p.p.) and Russia (-10 p.p.) displayed negative dynamics.

In value terms, Russia ($X) constitutes the largest market for imported medicaments containing penicillins or derivatives thereof in the CIS, comprising 79% of total imports. The second position in the ranking was taken by Belarus ($X), with a 12% share of total imports. It was followed by Uzbekistan, with a 6.4% share.

In Russia, medicaments containing penicillin imports increased at an average annual rate of +6.3% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Belarus (+9.2% per year) and Uzbekistan (+24.2% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2021, with a decrease of -31% against the previous year. In general, the import price, however, posted strong growth. The most prominent rate of growth was recorded in 2020 when the import price increased by 161%. As a result, import price attained the peak level of $X per ton, and then dropped dramatically in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belarus ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+8.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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