Czech Republic: Antibiotic Market 2024

Antibiotic Market Size in the Czech Republic

In 2021, the Czech antibiotic market decreased by -9% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then shrank in the following year.

Antibiotic Production in the Czech Republic

In value terms, antibiotic production contracted rapidly to $X in 2021 estimated in export price. Overall, production continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2020 when the production volume increased by 58% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Antibiotic Exports

Exports from the Czech Republic

In 2021, overseas shipments of antibiotics decreased by -15.2% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a abrupt setback. The pace of growth appeared the most rapid in 2015 when exports increased by 40%. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, antibiotic exports contracted to $X in 2021. In general, exports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2013 when exports increased by 39% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Malaysia (X tons), Taiwan (Chinese) (X tons) and Poland (X tons) were the main destinations of antibiotic exports from the Czech Republic, with a combined 46% share of total exports. Slovakia, India, Pakistan, Algeria, Belarus, Egypt, Japan, Vietnam, Israel and Iran lagged somewhat behind, together comprising a further 40%.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +29.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, India ($X) remains the key foreign market for antibiotics exports from the Czech Republic, comprising 9.4% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 4% share of total exports. It was followed by Pakistan, with a 3.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to India stood at +10.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (-3.5% per year) and Pakistan (+10.8% per year).

Export Prices by Country

In 2021, the average antibiotic export price amounted to $X per ton, surging by 6.6% against the previous year. In general, the export price, however, saw a noticeable decrease. The most prominent rate of growth was recorded in 2017 an increase of 42% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Malaysia ($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 Poland (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.

Antibiotic Imports

Imports into the Czech Republic

In 2021, the amount of antibiotics imported into the Czech Republic expanded remarkably to X tons, increasing by 13% compared with the previous year. The total import volume increased at an average annual rate of +2.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when imports increased by 23% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, antibiotic imports declined rapidly to $X in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 61% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of antibiotic to the Czech Republic, accounting for a 83% share of total imports. Moreover, antibiotic imports from China exceeded the figures recorded by the second-largest supplier, Hungary (X tons), more than tenfold. The third position in this ranking was taken by Germany (X tons), with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +16.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (-11.3% per year) and Germany (+29.1% per year).

In value terms, the largest antibiotic suppliers to the Czech Republic were Germany ($X), China ($X) and Hungary ($X), with a combined 93% share of total imports.

Among the main suppliers, Germany, with a CAGR of +53.8%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average antibiotic import price stood at $X per ton in 2021, dropping by -34% against the previous year. Overall, the import price recorded a perceptible slump. The pace of growth was the most pronounced in 2020 an increase of 67%. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+19.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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