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

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

The Japanese penicillins or streptomycins medicaments market surged to $X in 2022, picking up by 32% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -15.7% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Exports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Exports from Japan

In 2022, the amount of medicaments of penicillins, streptomycins or derivatives thereof exported from Japan dropped to X tons, falling by -12% on the previous year. Over the period under review, exports faced a deep downturn. The most prominent rate of growth was recorded in 2013 with an increase of 181% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, penicillins or streptomycins medicaments exports reduced to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 198% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Malaysia (X tons) was the main destination for penicillins or streptomycins medicaments exports from Japan, with a 84% share of total exports. Moreover, penicillins or streptomycins medicaments exports to Malaysia exceeded the volume sent to the second major destination, Taiwan (Chinese) (X kg), eightfold. The third position in this ranking was taken by the Philippines (X kg), with a 1.8% share.

From 2012 to 2022, the average annual growth rate of volume to Malaysia stood at +2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+36.6% per year) and the Philippines (+6.0% per year).

In value terms, Malaysia ($X) remains the key foreign market for medicaments of penicillins, streptomycins or derivatives thereof exports from Japan, comprising 85% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 6.9% share of total exports. It was followed by the Philippines, with a 3.6% share.

From 2012 to 2022, the average annual growth rate of value to Malaysia totaled +2.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+19.5% per year) and the Philippines (+16.7% per year).

Export Prices by Country

In 2022, the average penicillins or streptomycins medicaments export price amounted to $X per ton, growing by 2.7% against the previous year. Over the period under review, the export price enjoyed prominent growth. The pace of growth was the most pronounced in 2017 an increase of 140% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($X per ton), while the average price for exports to Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+10.1%), 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 Japan

Penicillins or streptomycins medicaments imports into Japan soared to X tons in 2022, growing by 40% on 2021 figures. The total import volume increased at an average annual rate of +4.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, imports reached the maximum at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, penicillins or streptomycins medicaments imports soared to $X in 2022. Over the period under review, total imports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -19.3% against 2019 indices. The growth pace was the most rapid in 2016 when imports increased by 47% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Indonesia (X tons) constituted the largest penicillins or streptomycins medicaments supplier to Japan, with a 62% share of total imports. Moreover, penicillins or streptomycins medicaments imports from Indonesia exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. The third position in this ranking was taken by the UK (X tons), with a 9.7% share.

From 2012 to 2022, the average annual growth rate of volume from Indonesia amounted to +10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+199.5% per year) and the UK (-7.7% per year).

In value terms, Indonesia ($X) constituted the largest supplier of medicaments of penicillins, streptomycins or derivatives thereof to Japan, comprising 58% of total imports. The second position in the ranking was taken by China ($X), with a 21% share of total imports. It was followed by the UK, with an 8.1% share.

From 2012 to 2022, the average annual growth rate of value from Indonesia totaled +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+125.0% per year) and the UK (+1.6% per year).

Import Prices by Country

The average penicillins or streptomycins medicaments import price stood at $X per ton in 2022, reducing by -7.2% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 34% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+10.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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