Hong Kong SAR, China: Market for Medicaments Of Other Antibiotics 2022

Market Size for Medicaments Of Other Antibiotics in Hong Kong SAR, China

The Hong Kong medicaments of other antibiotics market was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption, however, recorded a perceptible contraction. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Exports of Medicaments Of Other Antibiotics

Exports from Hong Kong SAR, China

After two years of growth, overseas shipments of medicaments of other antibiotics decreased by -X% to X tons in 2021. In general, exports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at X tons in 2020, and then dropped in the following year.

In value terms, medicaments of other antibiotics exports fell markedly to $X in 2021. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for medicaments of other antibiotics exports from Hong Kong SAR, accounting for a X% share of total exports. Moreover, medicaments of other antibiotics exports to China exceeded the volume sent to the second major destination, Kenya (X tons), ninefold.

From 2012 to 2021, the average annual growth rate of volume to China amounted to +X%.

In value terms, China ($X) remains the key foreign market for medicaments of other antibiotics exports from Hong Kong SAR, comprising X% of total exports. The second position in the ranking was held by Kenya ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to China amounted to +X%.

Export Prices by Country

In 2021, the average medicaments of other antibiotics export price amounted to $X per ton, with a decrease of -X% against the previous year. Overall, the export price recorded a deep contraction. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was China ($X per ton), while the average price for exports to Kenya amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (X%).

Imports of Medicaments Of Other Antibiotics

Imports into Hong Kong SAR, China

In 2021, after two years of decline, there was significant growth in supplies from abroad of medicaments of other antibiotics, when their volume increased by X% to X tons. 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 throughout the analyzed period. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, medicaments of other antibiotics imports expanded rapidly to $X in 2021. Overall, imports posted a tangible expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Sweden (X tons), India (X tons) and China (X tons) were the main suppliers of medicaments of other antibiotics imports to Hong Kong SAR, with a combined X% share of total imports. Malaysia, Switzerland, Belgium, Spain, the United States, the UK, Italy, Taiwan (Chinese) and the Netherlands lagged somewhat behind, together comprising a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X), Belgium ($X) and Sweden ($X) appeared to be the largest medicaments of other antibiotics suppliers to Hong Kong SAR, with a combined X% share of total imports. The Netherlands, the United States, China, Italy, India, the UK, Spain, Malaysia and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, recorded the highest rates of growth with regard to 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 medicaments of other antibiotics import price stood at $X per ton in 2021, declining by -X% against the previous year. Over the period under review, the import price, however, recorded notable growth. The most prominent rate of growth was recorded in 2017 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2018 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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