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

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

The Uzbek penicillins or streptomycins medicaments market surged to $X in 2022, with an increase of 29% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded strong growth. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in years to come.

Exports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Exports from Uzbekistan

In 2022, the amount of medicaments of penicillins, streptomycins or derivatives thereof exported from Uzbekistan surged to X tons, growing by 41% on 2021. In general, exports enjoyed a notable increase. The most prominent rate of growth was recorded in 2020 with an increase of 932% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, penicillins or streptomycins medicaments exports surged to $X in 2022. Over the period under review, exports, however, showed a pronounced decrease. The growth pace was the most rapid in 2020 when exports increased by 202%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Afghanistan (X tons), Kyrgyzstan (X tons) and Turkmenistan (X tons) were the main destinations of penicillins or streptomycins medicaments exports from Uzbekistan, with a combined 87% share of total exports.

From 2017 to 2022, the biggest increases were recorded for Afghanistan (with a CAGR of 0.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for penicillins or streptomycins medicaments exported from Uzbekistan were Afghanistan ($X), Kyrgyzstan ($X) and Georgia ($X), with a combined 79% share of total exports.

In terms of the main countries of destination, Afghanistan, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average penicillins or streptomycins medicaments export price amounted to $X per ton, with a decrease of -10% against the previous year. In general, the export price continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2019 an increase of 191% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Georgia ($X per ton), while the average price for exports to Tajikistan ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+38.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Medicaments Of Penicillins, Streptomycins Or Derivatives Thereof

Imports into Uzbekistan

For the fourth year in a row, Uzbekistan recorded growth in purchases abroad of medicaments of penicillins, streptomycins or derivatives thereof, which increased by 57% to X tons in 2022. In general, imports showed a moderate increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, penicillins or streptomycins medicaments imports surged to $X in 2022. Over the period under review, imports posted prominent growth. The pace of growth was the most pronounced in 2021 when imports increased by 51%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Russia (X tons), China (X tons) and Slovenia (X tons) were the main suppliers of penicillins or streptomycins medicaments imports to Uzbekistan, together comprising 80% of total imports. India, Iran, the Netherlands and Turkey lagged somewhat behind, together accounting for a further 17%.

From 2017 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +167.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X), Russia ($X) and India ($X) were the largest penicillins or streptomycins medicaments suppliers to Uzbekistan, with a combined 74% share of total imports. China, Turkey, Iran and the Netherlands lagged somewhat behind, together comprising a further 20%.

Among the main suppliers, Turkey, with a CAGR of +114.3%, 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 2022, the average penicillins or streptomycins medicaments import price amounted to $X per ton, declining by -17.5% against the previous year. Over the last five-year period, it increased at an average annual rate of +5.4%. The growth pace was the most rapid in 2021 when the average import price increased by 32% against the previous year. As a result, import price reached the peak level of $X per ton, and then reduced rapidly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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