Southern Asia: Medicaments Containing Penicillin Market 2024

Medicaments Containing Penicillin Market Size in Southern Asia

The South Asian medicaments containing penicillin market dropped modestly to $X in 2021, declining by -3.4% against the previous year. Overall, consumption continues to indicate a resilient expansion. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Medicaments Containing Penicillin Production in Southern Asia

In value terms, medicaments containing penicillin production declined to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a strong increase. The pace of growth appeared the most rapid in 2018 with an increase of 105%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Medicaments Containing Penicillin Exports

Exports in Southern Asia

In 2021, the amount of medicaments containing penicillins or derivatives thereof exported in Southern Asia dropped markedly to X tons, falling by -19.2% on 2020. In general, exports recorded a dramatic downturn. The pace of growth was the most pronounced in 2017 when exports increased by 49% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, medicaments containing penicillin exports declined notably to $X in 2021. Over the period under review, exports faced a dramatic downturn. The pace of growth appeared the most rapid in 2016 when exports increased by 48%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, India (X tons) was the key exporter of medicaments containing penicillins or derivatives thereof, committing 73% of total exports. It was distantly followed by Pakistan (X tons), committing a 24% share of total exports. Nepal (X tons) held a relatively small share of total exports.

From 2012 to 2021, average annual rates of growth with regard to medicaments containing penicillin exports from India stood at -22.5%. At the same time, Nepal (+83.0%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +83.0% from 2012-2021. By contrast, Pakistan (-15.5%) illustrated a downward trend over the same period. While the share of Pakistan (+11 p.p.) and Nepal (+2.9 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of India (-13.9 p.p.) displayed negative dynamics.

In value terms, India ($X) remains the largest medicaments containing penicillin supplier in Southern Asia, comprising 80% of total exports. The second position in the ranking was held by Pakistan ($X), with a 17% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in India stood at -22.7%. In the other countries, the average annual rates were as follows: Pakistan (-16.0% per year) and Nepal (+56.7% per year).

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per ton, dropping by -20.7% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 43% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was India ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (-0.2%), while the other leaders experienced a decline in the export price figures.

Medicaments Containing Penicillin Imports

Imports in Southern Asia

In 2021, overseas purchases of medicaments containing penicillins or derivatives thereof were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports showed strong growth. The growth pace was the most rapid in 2016 when imports increased by 115% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, medicaments containing penicillin imports soared to $X in 2021. Overall, imports enjoyed strong growth. The most prominent rate of growth was recorded in 2015 when imports increased by 85%. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Afghanistan (X tons) was the key importer of medicaments containing penicillins or derivatives thereof, mixing up 49% of total imports. India (X tons) took the second position in the ranking, distantly followed by Nepal (X tons) and Pakistan (X tons). All these countries together took near 44% share of total imports. The following importers - Bangladesh (X tons) and Sri Lanka (X tons) - each resulted at a 7.4% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Afghanistan (with a CAGR of +60.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest medicaments containing penicillin importing markets in Southern Asia were India ($X), Afghanistan ($X) and Nepal ($X), with a combined 88% share of total imports.

Afghanistan, with a CAGR of +49.3%, recorded the highest growth rate of the value of imports, in terms of the main importing countries 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 Southern Asia amounted to $X per ton, picking up by 15% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the import price increased by 57%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+9.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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