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 2023

Asia

A gradual fall in the prices of amoxicillin was observed in both the third and fourth quarters of 2023. During both quarters, the fall was majorly influenced by the muted demand from the downstream industries in both domestic and overseas markets. In this depreciation of prices, the reduction in the cost of crude oil also played a significant role. The consequence of this was the decline in the cost of feedstock material and the overall cost of production of amoxicillin and, in turn, its prices. However, during the last month of the year, there was a slight spike in the market's momentum with a minimal positive change in prices.

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Europe

The shift in consumer interests and appreciation in the rates of interest hindered the movement of amoxicillin prices during both the third and fourth quarters of 2023. In addition to these major challenges, the industrial as well as consumer spending budgets were reduced by a great margin under inflationary pressure. On the other hand, the supply of amoxicillin remained smooth in the European countries, only to pile up as inventories, further prompting the traders to reduce their profit margins and the quoted prices of amoxicillin.

North America

Similar to the European countries, the North American market of amoxicillin also curbed under the pressure of inflation throughout the third and fourth quarters of 2023. The major negative influence on the market activities was exerted by the reshaping dynamics of the downstream pharmaceutical and healthcare industries. In addition to this, to support the dropping economic indicators, the banking sector increased its interest rates, which led to limited borrowing activities and decreased investments in the amoxicillin sector.

Analyst Insight

According to Procurement Resource, the price trend of Amoxicillin is expected to stagnancy in the upcoming quarters, and the oscillations in crude oil prices and poor procurement of the product from the downstream industries will pose significant challenges.

Amoxicillin Price Trend for the First Half of 2023

Asia

The amoxicillin market in the first and second quarters of 2023 showcased an upward trajectory in the first quarter of 2023. The influence of strong recovery of the market after the Lunar holidays affected the Asia market positively as the number of new orders increased from domestic and international buyers. However, the second quarter was not favorable for the amoxicillin prices. The trend dipped significantly in this quarter. The major cause of this decline is attributed to the slowing of production processes and weak market sentiments that caused a negative impact on the demand from healthcare, pharmaceuticals, and related industries.

Europe

In Europe, the prices of amoxicillin declined in the first quarter and second quarters of 2023. The disbalance in the supply-demand equilibria is caused by the weak purchasing potential of buyers. Another factor that played a significant role in deciding the trend of amoxicillin was the excessive supply from both domestic and international buyers due to the relief in the trading protocols, especially by Germany. Along with this, the slowing down of the economy, also due to hikes in interest rates along with rising influence, eventually led to the downfall in the prices of amoxicillin.

North America

The amoxicillin price trend declined in both the first and second quarters of 2023. In the first quarter, the prices declined slowly as compared to the second quarter. The trend suffered from the decrease in the number of orders from the domestic and overseas markets while the supply in the region remained strong. In addition to this, the influx of imports from China at lower prices affected the amoxicillin market negatively. In addition to this, the rising inflation slowed down the market activities, and as a result, traders were forced to sell the produce at lower rates.

Analyst Insight

According to Procurement Resource, the price of Amoxicillin is expected to depict a declining trend. The rising inflation rates and slow demand from the end-user industries are estimated to affect the amoxicillin market negatively.

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 trend 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 trend 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 trend 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 trend. The price trend 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.

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