Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in South Korea - 2022

Contents:

  1. Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in South Korea (CIF) - 2022
  2. Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in South Korea (FOB) - 2022
  3. Imports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in South Korea
  4. Exports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in South Korea

Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in South Korea (CIF) - 2022

The average import price for hormones; halogenated derivatives or adrenal cortical hormoneses stood at $3,179,472 per ton in 2022, declining by -25.4% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 an increase of 46%. Over the period under review, average import prices attained the peak figure at $4,264,463 per ton in 2021, and then reduced markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($13,284,610 per ton), while the price for Singapore ($1,553,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in South Korea (FOB) - 2022

The average export price for hormones; halogenated derivatives or adrenal cortical hormoneses stood at $471,143 per ton in 2022, declining by -20.5% against the previous year. Overall, the export price saw a perceptible descent. The most prominent rate of growth was recorded in 2015 when the average export price increased by 296%. As a result, the export price reached the peak level of $4,135 per kg. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($2,655,000 per ton), while the average price for exports to Singapore ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+87.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in South Korea

In 2022, imports of hormones; halogenated derivatives or adrenal cortical hormoneses into South Korea surged to 2.2 tons, growing by 30% against 2021 figures. The total import volume increased at an average annual rate of +4.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period.

In value terms, imports of hormones; halogenated derivatives or adrenal cortical hormoneses contracted slightly to $7.1M in 2022. The total import value increased at an average annual rate of +3.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 38%. As a result, imports reached the peak of $8.8M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2.13.52.52.56.0%
Malaysia0.91.22.01.313.0%
India0.91.41.01.03.6%
China0.91.10.50.7-8.0%
France0.80.60.70.5-14.5%
IrelandN/A0.20.10.1-29.3%
Spain0.20.20.20.1-20.6%
Others0.60.60.20.810.1%
Total6.48.87.37.13.5%

Top Suppliers of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones to South Korea in 2022:

  1. Italy (861.0 kg)
  2. Malaysia (443.0 kg)
  3. India (366.0 kg)
  4. China (357.0 kg)
  5. Ireland (48.0 kg)
  6. France (41.0 kg)
  7. Spain (35.0 kg)

Exports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in South Korea

In 2022, exports of hormones; halogenated derivatives or adrenal cortical hormoneses from South Korea rose rapidly to 14 kg, picking up by 7.7% against 2021. In general, exports, however, showed a abrupt slump.

In value terms, exports of hormones; halogenated derivatives or adrenal cortical hormoneses fell to $6.6K in 2022. Over the period under review, exports, however, faced a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 56% against the previous year.

Export of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iran20.32.54.12.7-49.0%
Italy5.90.60.82.1-29.1%
Vietnam7.91.01.71.2-46.6%
Hong Kong SAR1.70.40.60.4-38.3%
Guatemala1.70.20.30.1-61.1%
Spain0.60.10.10.1-45.0%
ThailandN/AN/AN/AN/A0%
Germany0.2N/AN/AN/A0%
China2.6N/AN/AN/A0%
Malaysia1.20.10.1N/A-71.1%
Costa RicaN/AN/AN/AN/A0%
SingaporeN/AN/AN/AN/A0%
Taiwan (Chinese)N/AN/AN/AN/A0%
Others0.8N/AN/AN/A0%
Total42.94.97.76.6-46.4%

Top Export Markets for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones from South Korea in 2022:

  1. Italy (1.0 kg)
  2. Taiwan (Chinese) (1.0 kg)
  3. Singapore (1.0 kg)
  4. Costa Rica (1.0 kg)
  5. Malaysia (1.0 kg)
  6. Guatemala (1.0 kg)
  7. Vietnam (1.0 kg)
  8. China (1.0 kg)
  9. Spain (1.0 kg)
  10. Iran (1.0 kg)
  11. Germany (1.0 kg)
  12. Thailand (1.0 kg)
  13. Hong Kong SAR (1.0 kg)

Source: IndexBox Market Intelligence Platform

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