China Produces One-Fifth Of APIs Worldwide
This article was originally published in PharmAsia News
Executive Summary
China's API production capacity is estimated at over 2 million tons, one-fifth of the global capacity, announced CCCMHPIE April 28
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China's API production capacity is estimated at over 2 million tons, one-fifth of the global capacity, announced CCCMHPIE April 28. The country's API trade reached $26.22 billion in 2010, skyrocketing 25.02% and making up 43.56% of China's total drug trade. API exports went up 26.19% to $20.3 billion. API imports totaled $5.92 billion, increasing 21.18%. Asia, Europe and North America, where markets equally rose by more than 20%, accounted for 87.29% of China's total API exports to 178 nations. IMS forecasts a 24% CAGR for China's drug industry between 2011 and 2015. (Click Here For More - Chinese Language) "China 's API Production Constitutes One-Fifth Of Global Production" - finance.ifeng.com (4/29/2011) |