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

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

In 2022, the South Asian penicillins or streptomycins medicaments market decreased by -10.9% to $X, falling for the fourth year in a row after four years of growth. Overall, consumption, however, continues to indicate a perceptible expansion. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Production of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof in Southern Asia

In value terms, penicillins or streptomycins medicaments production amounted to $X in 2022 estimated in export price. The total production indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.2% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of 129% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Exports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Exports in Southern Asia

In 2022, overseas shipments of medicaments of penicillins, streptomycins or derivatives thereof increased by 24% to X tons, rising for the third consecutive year after five years of decline. Overall, exports showed noticeable growth. The most prominent rate of growth was recorded in 2013 with an increase of 53% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, penicillins or streptomycins medicaments exports soared to $X in 2022. Total exports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -0.3% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 74%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

India dominates exports structure, recording X tons, which was near 95% of total exports in 2022. It was distantly followed by Pakistan (X tons), achieving a 5.4% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to penicillins or streptomycins medicaments exports from India stood at +2.9%. At the same time, Pakistan (+4.5%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +4.5% from 2012-2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest penicillins or streptomycins medicaments supplier in Southern Asia, comprising 98% of total exports. The second position in the ranking was taken by Pakistan ($X), with a 1.6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in India amounted to +6.2%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, remaining stable against the previous year. Over the period under review, the export price, however, continues to indicate a moderate expansion. The most prominent rate of growth was recorded in 2017 an increase of 31%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per ton), while Pakistan totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.3%).

Imports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Imports in Southern Asia

In 2022, purchases abroad of medicaments of penicillins, streptomycins or derivatives thereof decreased by -14.8% to X tons, falling for the fourth consecutive year after four years of growth. In general, imports continue to indicate a deep slump. The growth pace was the most rapid in 2017 with an increase of 25%. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, penicillins or streptomycins medicaments imports reduced to $X in 2022. Overall, imports saw a precipitous decline. The pace of growth was the most pronounced in 2015 with an increase of 32%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Afghanistan (X tons) represented the largest importer of medicaments of penicillins, streptomycins or derivatives thereof, constituting 51% of total imports. It was distantly followed by Nepal (X tons), Pakistan (X tons) and Bangladesh (X tons), together mixing up a 43% share of total imports. The following importers - India (X tons) and Sri Lanka (X tons) - together made up 4.9% of total imports.

From 2012 to 2022, the biggest increases were recorded for Nepal (with a CAGR of +34.8%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest penicillins or streptomycins medicaments importing markets in Southern Asia were Nepal ($X), Afghanistan ($X) and Sri Lanka ($X), with a combined 71% share of total imports.

Nepal, with a CAGR of +32.1%, saw the highest rates of growth with regard to the value of imports, among 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 2022, the import price in Southern Asia amounted to $X per ton, with an increase of 3.4% against the previous year. In general, the import price, however, faced a deep contraction. The pace of growth was the most pronounced in 2019 when the import price increased by 27%. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Sri Lanka ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+25.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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