United Kingdom: Antibiotic Market 2024

Antibiotic Market Size in the UK

The UK antibiotic market contracted remarkably to $X in 2021, reducing by -17.2% against the previous year. In general, consumption saw a deep slump. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Antibiotic Production in the UK

In value terms, antibiotic production declined modestly to $X in 2021 estimated in export price. Overall, the total production indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +62.6% against 2012 indices. The pace of growth appeared the most rapid in 2014 when the production volume increased by 6.7% against the previous year. Antibiotic production peaked at $X in 2020, and then dropped slightly in the following year.

Antibiotic Exports

Exports from the UK

In 2021, approx. X tons of antibiotics were exported from the UK; falling by -44.8% compared with 2020. Over the period under review, exports saw a deep reduction. The growth pace was the most rapid in 2017 with an increase of 46%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, antibiotic exports fell sharply to $X in 2021. Overall, exports recorded a deep reduction. The growth pace was the most rapid in 2020 when exports increased by 33%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Ireland (X tons), Brazil (X tons) and France (X tons) were the main destinations of antibiotic exports from the UK, with a combined 77% share of total exports. These countries were followed by Italy, Germany, the United States, the Netherlands, Canada, Egypt, South Africa, Australia, Malaysia and Singapore, which together accounted for a further 40%.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +30.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for antibiotic exported from the UK were Germany ($X), Ireland ($X) and France ($X), together accounting for 53% of total exports. These countries were followed by the United States, Italy, Brazil, the Netherlands, Canada, South Africa, Australia, Egypt, Malaysia and Singapore, which together accounted for a further 31%.

Among the main countries of destination, Canada, with a CAGR of +13.9%, saw the highest growth rate of 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

The average antibiotic export price stood at $X per ton in 2021, growing by 31% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 35% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Canada ($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 Malaysia (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.

Antibiotic Imports

Imports into the UK

In 2021, approx. X tons of antibiotics were imported into the UK; waning by -22.9% against the previous year's figure. Over the period under review, imports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2018 when imports increased by 29% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, antibiotic imports shrank dramatically to $X in 2021. In general, imports recorded a abrupt setback. The growth pace was the most rapid in 2018 when imports increased by 31% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The United States (X tons), Singapore (X tons) and Ireland (X tons) were the main suppliers of antibiotic imports to the UK, together accounting for 86% of total imports. These countries were followed by the Netherlands, China, Austria, Switzerland, India, France and New Zealand, which together accounted for a further 33%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +74.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Singapore ($X) and Ireland ($X) appeared to be the largest antibiotic suppliers to the UK, with a combined 57% share of total imports. China, India, the Netherlands, Switzerland, France, Austria and New Zealand lagged somewhat behind, together comprising a further 32%.

Austria, with a CAGR of +76.8%, recorded the highest rates of growth with regard to 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, declining by -9.2% against the previous year. Over the period under review, the import price continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 23% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 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, amid the top importers, the country with the highest price was India ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :