Thursday, 08 October 2015｜Source：CHINA CHAMBER OF COMMERCEFOR IMPORT&EXPORT OF MEDICINES &HEALTH PRODUCTS｜Author：
After two years of recession, the export of Chinese APIs had a restorative growth in 2014. According to customs data, the export value of API products was $25.9 billion, up 9.6% percent year-on-year, while the export volume 7 million tons, with a 6.38 percent growth year-on-year growth. Traditional bulk APIs such as antibiotics, vitamins, amino acids, antipyretic analgesic drugs and hormones all had a recovery export increase. The average export price also rose by 3% in 2014 after several years of continuous decline.
The reasons of price rose includes mainly: Firstly, as the state environmental protection increasingly got more attention, many factories were forced to cut or reduce production and modernize facilities, led to decrease of production; Secondly, the cost of production increased a lot; Finally, the influence of restriction policies to use antibiotics in capital market fade a lot, with a result of competition thinning.