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

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

In 2022, the Egyptian penicillins or streptomycins medicaments market increased by 121% to $X, rising for the fifth consecutive year after three years of decline. Over the period under review, consumption enjoyed a significant expansion. Penicillins or streptomycins medicaments consumption peaked in 2022 and is expected to retain growth in the immediate term.

Exports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Exports from Egypt

In 2022, approx. X tons of medicaments of penicillins, streptomycins or derivatives thereof were exported from Egypt; rising by 68% on the year before. In general, exports, however, continue to indicate a abrupt contraction. The growth pace was the most rapid in 2015 with an increase of 411%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, penicillins or streptomycins medicaments exports soared to $X in 2022. Over the period under review, exports enjoyed a mild increase. The pace of growth appeared the most rapid in 2020 with an increase of 754% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Niger (X tons), Yemen (X tons) and Palestine (X tons) were the main destinations of penicillins or streptomycins medicaments exports from Egypt, with a combined 87% share of total exports. Sudan, Burkina Faso and France lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Burkina Faso (with a CAGR of +281,400.0%), while the other leaders experienced more modest paces of growth.

In value terms, Niger ($X), Yemen ($X) and Palestine ($X) were the largest markets for penicillins or streptomycins medicaments exported from Egypt worldwide, with a combined 87% share of total exports. Sudan, Burkina Faso and France lagged somewhat behind, together accounting for a further 11%.

Burkina Faso, with a CAGR of +249,421.4%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average penicillins or streptomycins medicaments export price amounted to $X per ton, shrinking by -12.4% against the previous year. In general, the export price, however, posted a remarkable increase. The pace of growth was the most pronounced in 2020 an increase of 681% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then shrank in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Burkina Faso ($X per ton) and Sudan ($X per ton), while the average price for exports to Palestine ($X per ton) and Yemen ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+53.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Imports into Egypt

In 2022, purchases abroad of medicaments of penicillins, streptomycins or derivatives thereof increased by 130% to X tons, rising for the fifth year in a row after five years of decline. Overall, imports saw a significant expansion. The pace of growth appeared the most rapid in 2019 when imports increased by 165%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, penicillins or streptomycins medicaments imports skyrocketed to $X in 2022. In general, imports showed a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Switzerland (X tons), the United States (X tons) and Singapore (X tons) were the main suppliers of penicillins or streptomycins medicaments imports to Egypt, together accounting for 44% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Singapore (with a CAGR of +796.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest penicillins or streptomycins medicaments suppliers to Egypt were Switzerland ($X), the United States ($X) and Singapore ($X), with a combined 44% share of total imports.

Singapore, with a CAGR of +1,021.0%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average penicillins or streptomycins medicaments import price stood at $X per ton in 2022, which is down by -8.1% against the previous year. Over the period under review, the import price recorded a noticeable slump. The most prominent rate of growth was recorded in 2013 an increase of 47% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Denmark ($X per ton) and Romania ($X per ton), while the price for Singapore ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+25.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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