SADC: Medicaments Containing Penicillin Market 2024

Medicaments Containing Penicillin Market Size in SADC

The SADC medicaments containing penicillin market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption posted a strong increase. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Medicaments Containing Penicillin Production in SADC

In value terms, medicaments containing penicillin production rose rapidly to $X in 2021 estimated in export price. Overall, production enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by 74% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Medicaments Containing Penicillin Exports

Exports in SADC

In 2021, overseas shipments of medicaments containing penicillins or derivatives thereof decreased by -9.9% to X tons, falling for the second consecutive year after three years of growth. Overall, exports, however, showed a pronounced expansion. The pace of growth appeared the most rapid in 2018 with an increase of 190%. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, medicaments containing penicillin exports rose notably to $X in 2021. In general, exports, however, recorded a pronounced increase. The most prominent rate of growth was recorded in 2014 when exports increased by 69% against the previous year. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

The shipments of the one major exporters of medicaments containing penicillins or derivatives thereof, namely South Africa, represented more than two-thirds of total export.

South Africa was also the fastest-growing in terms of the medicaments containing penicillins or derivatives thereof exports, with a CAGR of +4.8% from 2012 to 2021. While the share of South Africa (+2.4 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest medicaments containing penicillin supplier in SADC.

From 2012 to 2021, the average annual growth rate of value in South Africa amounted to +8.7%.

Export Prices by Country

In 2021, the export price in SADC amounted to $X per ton, growing by 17% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2013 an increase of 316%. Over the period under review, the export prices attained the maximum at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2021, the rate of growth in terms of prices for South Africa amounted to +3.7% per year.

Medicaments Containing Penicillin Imports

Imports in SADC

In 2021, the amount of medicaments containing penicillins or derivatives thereof imported in SADC reduced sharply to X tons, waning by -35.5% against the previous year's figure. In general, imports recorded a abrupt descent. The growth pace was the most rapid in 2019 when imports increased by 145% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, medicaments containing penicillin imports surged to $X in 2021. Overall, imports recorded a abrupt setback. The pace of growth was the most pronounced in 2014 when imports increased by 110% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Tanzania (X tons) was the key importer of medicaments containing penicillins or derivatives thereof, mixing up 45% of total imports. Democratic Republic of the Congo (X tons) held the second position in the ranking, followed by Lesotho (X tons), Swaziland (X tons) and Zimbabwe (X tons). All these countries together took approx. 39% share of total imports. Mauritius (X kg) and Malawi (X kg) followed a long way behind the leaders.

Imports into Tanzania decreased at an average annual rate of -14.9% from 2012 to 2021. At the same time, Mauritius (+43.9%), Lesotho (+17.1%), Democratic Republic of the Congo (+8.5%) and Zimbabwe (+7.6%) displayed positive paces of growth. Moreover, Mauritius emerged as the fastest-growing importer imported in SADC, with a CAGR of +43.9% from 2012-2021. By contrast, Swaziland (-3.8%) and Malawi (-9.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Lesotho, Tanzania, Democratic Republic of the Congo, Swaziland, Zimbabwe, Mauritius and Malawi increased by +12, +12, +12, +6.3, +4.8, +4.1 and +1.7 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest medicaments containing penicillin importing markets in SADC were Lesotho ($X), Democratic Republic of the Congo ($X) and Tanzania ($X), with a combined 67% share of total imports. Swaziland, Zimbabwe, Mauritius and Malawi lagged somewhat behind, together comprising a further 26%.

Among the main importing countries, Mauritius, with a CAGR of +55.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in SADC amounted to $X per ton, increasing by 82% against the previous year. Overall, the import price recorded a buoyant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Lesotho ($X per ton), while Malawi ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mauritius (+8.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform