Get the latest insights on price movement and trend analysis of Amoxicillin in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Amoxicillin Price Trend for the Second Half of 2022
The Amoxicillin market in Asia had a good run in H2 2022. Demands from the pharma industry and end consumers remained steady throughout the second half of the year 2022. Seasonal and situational fluctuations occurred, but overall, the price trends for Amoxicillin kept steady. Good demand from the pharma sector and continuous supply kept the market running. Hot weather affected production for some time rising the prices, but as the weather improved supplies too became rampant.
The Amoxicillin market in Europe remained demand dependent in H2 2022. During Q3 2022, the supplies were limited attributing to very strict Chinese restrictions and curtailed freight arrangements. The European market is very import dependent for most pharma products, so as supplies stumbled, prices hiked. Because of all these reasons, Amoxicillin price trends remained up-inclined during the majority of 2022. It was only in the later Q4 that market demands subsided a little bit controlling the prices. Overall amoxicillin prices plateaued after a long, good run.
The North American market replicated the price trends observed in the European market. As both markets are very dependent on Chinese imports, the effects of the Chinese manufacturing slowdown were deeply felt across the global markets. North American market too registered steady demands, but supply cutbacks drove the price trends. The price trends remained high for most of H2 2022, only in later December, market demands subsided lowering the Amoxicillin prices a little bit.
According to Procurement Resource, the price projections for Amoxicillin seems to be healthy. All the hurdles that the market faced with production and supplies in 2022 are somewhat stabilised, hence consumer demand is going to be the determining factor for Amoxicillin prices.
For the Second Quarter of 2022
Due to growing demand from the downstream pharmaceutical industry and other logistical challenges, amoxicillin prices rose in the second quarter of 2022. The supply chain in local and international markets was interrupted by the implementation of lockdowns and tight rules in exporting nations. The 10% price increase that took effect at the beginning of the quarter also had an impact on the cost of amoxicillin. The prices also rose dramatically as a result of the soaring demand and rising operating costs.
The market price of amoxicillin was stable at the end of the second quarter of 2022 due to stable demand, which lowered its price. Amoxicillin prices remained stable due to adequate supply and existing inventories. Furthermore, strong demand for the drug by various healthcare sectors at the end of March prompted domestic merchants to lower their prices. For the first two months, the market was hampered by consistent operating costs and production rates. Amoxicillin prices increased slightly toward the end of Q2 2022, reaching 10500 USD/MT, with a 90% q-o-q decline.
Amoxicillin prices increased in the second quarter of 2022 due to increased demand from the downstream healthcare industry. The imposition of a lockdown in China's financial capital Shanghai disrupted the supply chain in regional and international markets. In the latter half of the quarter, the government-imposed policies stating a 10% price increase, which affected amoxicillin prices. Furthermore, the pandemic initially created a high demand for analgesics such as amoxicillin, which led to increased demand and higher operating costs, causing prices to skyrocket.
Procurement Resource provides latest prices of Amoxicillin. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Amoxicillin is a narrow-spectrum penicillin antibiotic. It treats bacterial infections, such as chest infections, skin infections, urinary tract infections, and dental abscesses. It is taken by mouth or, less commonly, by injection. Amoxicillin belongs to the beta-lactam class of antibiotics, and it was discovered by scientists at Beecham Research Laboratories in 1972. It is the most prescribed medication for children and should not be given to individuals allergic to penicillin.
|Industrial Uses||Antibiotics, Pharmaceutical, Skin infections, Chest infections|
|Molecular Weight||365.40 g/mol|
|Supplier Database||Sinopharm Weiqida, Teva API, Otto Brandes GmbH, United Pharma Industries Co Ltd, Indukern Chemie AG|
|Region/Countries Covered||Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Penicillin G acylase enzyme immobilized on glyoxyl-agarose is used to catalyze the reaction between p -hydroxyphenylglycine methyl ester (POHPGME) and 6-aminopenicillanic acid (6-APA) to obtain Amoxicillin.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e., government agencies, external trade bodies, and industry publications).
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