Key Market Indicators
Chinese antibiotics imports are projected to hit approximately $576 million by 2028, up from around $526 million in 2023, marking a compound annual growth rate (CAGR) of 1.3%. The demand for antibiotics in China has been on an upward trajectory, growing at an annual rate of 1.8% since 1997. Meanwhile, Chinese antibiotics exports are expected to reach nearly $4.4 billion by 2028, rising from about $3.9 billion in 2023. This represents an average annual growth rate of 1.7%. Since 1997, the supply of antibiotics from China has increased by 2.4% annually.
