Romania: Antibiotic Market 2024

Antibiotic Market Size in Romania

After two years of growth, the Romanian antibiotic market decreased by -72.6% to $X in 2021. In general, consumption saw a abrupt curtailment. Over the period under review, the market attained the peak level at $X in 2020, and then dropped markedly in the following year.

Antibiotic Production in Romania

In value terms, antibiotic production shrank markedly to $X in 2021 estimated in export price. Over the period under review, production showed a abrupt decrease. The pace of growth was the most pronounced in 2019 when the production volume increased by 50%. Antibiotic production peaked at $X in 2020, and then dropped sharply in the following year.

Antibiotic Exports

Exports from Romania

In 2021, approx. X tons of antibiotics were exported from Romania; which is down by -16% on 2020 figures. Overall, exports saw a pronounced downturn. The pace of growth appeared the most rapid in 2018 with an increase of 23% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, antibiotic exports declined notably to $X in 2021. The total export value increased at an average annual rate of +1.9% 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 2016 with an increase of 16%. The exports peaked at $X in 2020, and then reduced remarkably in the following year.

Exports by Country

France (X tons) was the main destination for antibiotic exports from Romania, accounting for a 22% share of total exports. Moreover, antibiotic exports to France exceeded the volume sent to the second major destination, Pakistan (X tons), twofold. The third position in this ranking was held by Germany (X tons), with a 9.7% share.

From 2012 to 2021, the average annual growth rate of volume to France stood at +4.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Pakistan (+19.2% per year) and Germany (-4.9% per year).

In value terms, the largest markets for antibiotic exported from Romania were France ($X), the United States ($X) and Germany ($X), with a combined 40% share of total exports. These countries were followed by Pakistan, Bangladesh, Vietnam, India, Brazil, the Netherlands, Iran, Switzerland, China and Russia, which together accounted for a further 45%.

Among the main countries of destination, Russia, with a CAGR of +23.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average antibiotic export price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.2%. The pace of growth was the most pronounced in 2020 an increase of 26%. As a result, the export price reached the peak level of $X per ton, leveling off in the following year.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.

Antibiotic Imports

Imports into Romania

In 2021, approx. X tons of antibiotics were imported into Romania; with a decrease of -41% against 2020. Overall, imports continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2020 with an increase of 27%. As a result, imports attained the peak of X tons, and then fell markedly in the following year.

In value terms, antibiotic imports contracted significantly to $X in 2021. Over the period under review, imports recorded a perceptible reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 48%. As a result, imports reached the peak of $X, and then shrank sharply in the following year.

Imports by Country

France (X tons), China (X tons) and the Netherlands (X tons) were the main suppliers of antibiotic imports to Romania.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +43.9%), while imports for the other leaders experienced mixed trend patterns.

In value terms, China ($X), the Netherlands ($X) and Germany ($X) appeared to be the largest antibiotic suppliers to Romania, together comprising 76% of total imports. These countries were followed by France, India, Spain and Austria, which together accounted for a further 18%.

France, with a CAGR of +55.4%, saw 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 antibiotic import price stood at $X per ton in 2021, falling by -13.5% against the previous year. In general, the import price recorded a slight setback. The pace of growth was the most pronounced in 2019 an increase of 32% against the previous year. The import price peaked at $X per ton in 2020, and then declined in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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