Saudi Arabia: Market for Medicaments Of Other Antibiotics 2022

Market Size for Medicaments Of Other Antibiotics in Saudi Arabia

The Saudi medicaments of other antibiotics market reduced modestly to $X in 2021, standing approx. at the previous year. Overall, consumption posted prominent growth. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Production of Medicaments Of Other Antibiotics in Saudi Arabia

In value terms, medicaments of other antibiotics production surged to $X in 2021 estimated in export price. Overall, production continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Medicaments of other antibiotics production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Medicaments Of Other Antibiotics

Exports from Saudi Arabia

In 2021, overseas shipments of medicaments of other antibiotics were finally on the rise to reach X tons after two years of decline. Over the period under review, exports, however, recorded a noticeable reduction. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, medicaments of other antibiotics exports soared to $X in 2021. Overall, exports showed notable growth. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Egypt (X tons), Jordan (X tons) and the United Arab Emirates (X tons) were the main destinations of medicaments of other antibiotics exports from Saudi Arabia, with a combined X% share of total exports. Iraq, Slovakia, Algeria, Sudan, Lebanon, Oman, Russia, Libya, Kuwait and Morocco lagged somewhat behind, together accounting for a further X 2012 to 2021, the biggest increases were in Lebanon (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Russia ($X) and Egypt ($X) were the largest markets for medicaments of other antibiotics exported from Saudi Arabia worldwide, together comprising X% of total exports.

In terms of the main countries of destination, the United Arab Emirates, with a CAGR of +X%, 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 medicaments of other antibiotics export price amounted to $X per ton, waning by -X% against the previous year. In general, export price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, medicaments of other antibiotics export price increased by +X% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2020, and then declined in the following year.

Prices varied noticeably by the country of destination: the country with the highest price was Russia ($X per ton), while the average price for exports to Slovakia ($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 Russia (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Medicaments Of Other Antibiotics

Imports into Saudi Arabia

In 2021, overseas purchases of medicaments of other antibiotics decreased by -X% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, imports saw a perceptible setback. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, medicaments of other antibiotics imports declined to $X in 2021. In general, imports recorded a drastic downturn. The pace of growth was the most pronounced in 2019 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Jordan (X tons), Belgium (X tons) and Bulgaria (X tons) were the main suppliers of medicaments of other antibiotics imports to Saudi Arabia, together comprising X% of total imports. These countries were followed by Kuwait, Spain, the Netherlands, China, Austria, the UK, Italy, Ireland, France and Switzerland, which together accounted for a further X 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Jordan ($X) constituted the largest supplier of medicaments of other antibiotics to Saudi Arabia, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with a X% share of total imports. It was followed by Austria, with a X% share.

From 2012 to 2021, the average annual growth rate of value from Jordan totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-X% per year) and Austria (-X% per year).

Import Prices by Country

In 2021, the average medicaments of other antibiotics import price amounted to $X per ton, increasing by X% against the previous year. Overall, the import price, however, continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Switzerland ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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