Amoxicillin Price Trend and Forecast

Regional Price Overview

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

Asia

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.

Europe

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.

North America

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.

Analyst insight

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

North America

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.

Europe

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.

Asia

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.