CIS: Market for Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof 2024

Market Size for Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof in CIS

After five years of growth, the CIS penicillins or streptomycins medicaments market decreased by -2.2% to $X in 2022. The market value increased at an average annual rate of +3.7% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2021, and then shrank in the following year.

Production of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof in CIS

In value terms, penicillins or streptomycins medicaments production rose slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when the production volume increased by 39% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Exports in CIS

After two years of growth, shipments abroad of medicaments of penicillins, streptomycins or derivatives thereof decreased by -0.9% to X tons in 2022. The total export volume increased at an average annual rate of +1.5% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when exports increased by 21%. As a result, the exports reached the peak of X tons; afterwards, it flattened through to 2022.

In value terms, penicillins or streptomycins medicaments exports reached $X in 2022. Total exports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +32.4% against 2017 indices. The most prominent rate of growth was recorded in 2017 with an increase of 25% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Russia represented the main exporter of medicaments of penicillins, streptomycins or derivatives thereof in the CIS, with the volume of exports resulting at X tons, which was near 75% of total exports in 2022. It was distantly followed by Belarus (X tons), creating a 22% share of total exports. Uzbekistan (X tons) followed a long way behind the leaders.

Russia experienced a relatively flat trend pattern with regard to volume of exports of medicaments of penicillins, streptomycins or derivatives thereof. At the same time, Belarus (+9.4%) and Uzbekistan (+3.7%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +9.4% from 2012-2022. From 2012 to 2022, the share of Belarus and Uzbekistan increased by +12 and +1.5 percentage points, respectively.

In value terms, Russia ($X) remains the largest penicillins or streptomycins medicaments supplier in the CIS, comprising 66% of total exports. The second position in the ranking was taken by Belarus ($X), with a 30% share of total exports.

In Russia, penicillins or streptomycins medicaments exports increased at an average annual rate of +2.0% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (+7.3% per year) and Uzbekistan (-2.3% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, growing by 2.2% against the previous year. Export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, penicillins or streptomycins medicaments export price increased by +68.2% against 2015 indices. The most prominent rate of growth was recorded in 2019 when the export price increased by 21% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is likely to see steady growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+2.1%), while the other leaders experienced a decline in the export price figures.

Imports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Imports in CIS

In 2022, the amount of medicaments of penicillins, streptomycins or derivatives thereof imported in the CIS declined slightly to X tons, with a decrease of -4.7% on the previous year. Total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +90.0% against 2014 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 44%. The volume of import peaked at X tons in 2021, and then contracted in the following year.

In value terms, penicillins or streptomycins medicaments imports expanded slightly to $X in 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 49%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Russia represented the largest importing country with an import of about X tons, which reached 44% of total imports. Uzbekistan (X tons) took a 16% share (based on physical terms) of total imports, which put it in second place, followed by Azerbaijan (9.7%), Tajikistan (9.1%), Kazakhstan (8.6%), Kyrgyzstan (6%) and Belarus (5.6%).

From 2012 to 2022, average annual rates of growth with regard to penicillins or streptomycins medicaments imports into Russia stood at +2.7%. At the same time, Azerbaijan (+42.8%), Tajikistan (+6.6%), Kyrgyzstan (+4.5%), Uzbekistan (+4.0%) and Belarus (+3.8%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +42.8% from 2012-2022. By contrast, Kazakhstan (-1.3%) illustrated a downward trend over the same period. While the share of Uzbekistan (+16 p.p.) and Azerbaijan (+9.2 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Kazakhstan (-8.4 p.p.) and Russia (-14.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported medicaments of penicillins, streptomycins or derivatives thereof in the CIS, comprising 58% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a 12% share of total imports. It was followed by Belarus, with an 11% share.

In Russia, penicillins or streptomycins medicaments imports contracted by an average annual rate of -2.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Uzbekistan (+9.6% per year) and Belarus (+3.0% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, with an increase of 7.9% against the previous year. Overall, the import price, however, continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2019 an increase of 11% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+5.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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