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

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

The Kazakh penicillins or streptomycins medicaments market plummeted to $X in 2022, reducing by -35.3% 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). Overall, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Exports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Exports from Kazakhstan

In 2022, overseas shipments of medicaments of penicillins, streptomycins or derivatives thereof increased by 521% to X tons, rising for the second year in a row after two years of decline. In general, exports showed resilient growth. The most prominent rate of growth was recorded in 2015 when exports increased by 1,026% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, penicillins or streptomycins medicaments exports soared to $X in 2022. Overall, exports saw a resilient increase. The pace of growth appeared the most rapid in 2015 with an increase of 1,551% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Russia (X tons) was the main destination for penicillins or streptomycins medicaments exports from Kazakhstan, with a 96% share of total exports. Moreover, penicillins or streptomycins medicaments exports to Russia exceeded the volume sent to the second major destination, Uzbekistan (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Russia amounted to +104.5%.

In value terms, Russia ($X) remains the key foreign market for medicaments of penicillins, streptomycins or derivatives thereof exports from Kazakhstan, comprising 98% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a 1.8% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Russia amounted to +146.2%.

Export Prices by Country

The average penicillins or streptomycins medicaments export price stood at $X per ton in 2022, declining by -28% against the previous year. In general, the export price, however, continues to indicate a modest increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 79% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Uzbekistan amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+20.4%), 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 Kazakhstan

Penicillins or streptomycins medicaments imports into Kazakhstan dropped significantly to X tons in 2022, waning by -21.7% against the previous year's figure. Over the period under review, imports showed a mild reduction. The most prominent rate of growth was recorded in 2020 with an increase of 83%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, penicillins or streptomycins medicaments imports contracted dramatically to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 107%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Slovenia (X tons), Russia (X tons) and Austria (X tons) were the main suppliers of penicillins or streptomycins medicaments imports to Kazakhstan, together accounting for 70% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +30.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X) constituted the largest supplier of medicaments of penicillins, streptomycins or derivatives thereof to Kazakhstan, comprising 37% of total imports. The second position in the ranking was held by Russia ($X), with a 15% share of total imports. It was followed by India, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Slovenia amounted to +6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+1.9% per year) and India (+13.0% per year).

Import Prices by Country

In 2022, the average penicillins or streptomycins medicaments import price amounted to $X per ton, reducing by -24.6% against the previous year. Over the period under review, the import price, however, saw a modest expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 110%. Over the period under review, average import prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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