Key Market Indicators
South Africa's export of antibiotics is projected to climb to approximately $1.12 million by 2028, up from around $1.08 million in 2023. This marks an annual growth rate of 0.4%. Since 2005, the nation's supply has seen a consistent rise of 0.3% each year. On the import side, the forecast is less optimistic. Antibiotics imports are expected to decline to about $21.3 million by 2028, down from $22.5 million in 2023. This represents an average annual decrease of 0.9%. Over the years, specifically since 2005, South Africa's demand for imported antibiotics has seen a slight annual reduction of 0.2%.
