Eastern Asia: Market for Medicaments Of Alkaloids Or Derivatives Thereof 2022

Market Size for Medicaments Of Alkaloids Or Derivatives Thereof in Eastern Asia

After six years of growth, the East Asian market for medicaments of alkaloids or derivatives thereof decreased by -X% to $X in 2021. Overall, consumption, however, saw buoyant growth. The level of consumption peaked at $X in 2020, and then shrank in the following year.

Production of Medicaments Of Alkaloids Or Derivatives Thereof in Eastern Asia

In value terms, production of medicaments of alkaloids or derivatives thereof dropped to $X in 2021 estimated in export price. In general, production, however, recorded a strong increase. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. Over the period under review, production of attained the maximum level at $X in 2020, and then declined in the following year.

Exports of Medicaments Of Alkaloids Or Derivatives Thereof

Exports in Eastern Asia

In 2021, overseas shipments of medicaments of alkaloids or derivatives thereof decreased by -X% to X tons for the first time since 2017, thus ending a three-year rising trend. Overall, exports saw a pronounced decrease. The pace of growth was the most pronounced in 2014 when exports increased by X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of medicaments of alkaloids or derivatives thereof dropped modestly to $X in 2021. Total exports indicated a buoyant 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, exports increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The level of export peaked at $X in 2020, and then dropped in the following year.

Exports by Country

In 2021, China (X tons) and Hong Kong SAR (X tons) represented the main exporter of medicaments of alkaloids or derivatives thereof in Eastern Asia, constituting X% of total export.

From 2012 to 2021, the biggest increases were in China (with a CAGR of +X value terms, China ($X) remains the largest medicaments of alkaloids or derivatives thereof supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a X% share of total exports.

In China, exports of medicaments of alkaloids or derivatives thereof increased at an average annual rate of +X% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Eastern Asia amounted to $X per ton, standing approx. at the previous year. Over the period under review, the export price, however, continues to indicate a prominent increase. The growth pace was the most rapid in 2013 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per ton in 2020, and then fell slightly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was China ($X per ton), while Hong Kong SAR amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+X%).

Imports of Medicaments Of Alkaloids Or Derivatives Thereof

Imports in Eastern Asia

Imports of medicaments of alkaloids or derivatives thereof reached X tons in 2021, surging by X% against 2020 figures. The total import volume increased at an average annual rate of +X% 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 2016 with an increase of X% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, imports of medicaments of alkaloids or derivatives thereof reached $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. The level of import peaked in 2021 and is likely to see steady growth in the near future.

Imports by Country

The purchases of the three major importers of medicaments of alkaloids or derivatives thereof, namely Japan, South Korea and China, represented more than two-thirds of total import. Hong Kong SAR (X tons) held a relatively small share of total imports.

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

In value terms, the largest medicaments of alkaloids or derivatives thereof importing markets in Eastern Asia were China ($X), Japan ($X) and South Korea ($X), together comprising X% of total imports.

Japan, with a CAGR of +X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per ton, waning by -X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, import prices reached the maximum 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 importing countries. In 2021, the country with the highest price was China ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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