Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Belgium - 2023

Contents:

  1. Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Belgium (CIF) - 2022
  2. Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Belgium (FOB) - 2022
  3. Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Belgium
  4. Exports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Belgium

Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Belgium (CIF) - 2022

In 2022, the average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s amounted to $745,378 per ton, surging by 11% against the previous year. Over the period under review, the import price, however, saw a abrupt downturn. Over the period under review, average import prices hit record highs at $1,565,157 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($1,243,134 per ton), while the price for the Netherlands ($521,068 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+21.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Belgium (FOB) - 2022

The average export price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s stood at $770,395 per ton in 2022, dropping by -18.5% against the previous year. Overall, the export price continues to indicate a perceptible downturn. The pace of growth was the most pronounced in 2013 when the average export price increased by 44% against the previous year. As a result, the export price attained the peak level of $1,396,284 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($1,287,030 per ton), while the average price for exports to Egypt ($276,000 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 Poland (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Belgium

In 2022, supplies from abroad of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s was finally on the rise to reach 6.5 tons after two years of decline. Overall, imports, however, recorded a deep downturn.

In value terms, imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s surged to $4.8M in 2022. Over the period under review, imports, however, continue to indicate a deep downturn.

Import of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.26.03.54.0-8.4%
China0.30.10.20.518.6%
Poland0.10.10.10.226.0%
Netherlands0.20.10.10.1-20.6%
France2.9N/AN/AN/A0%
OthersN/AN/A0.10.10.0%
Total8.76.34.04.8-18.0%

Top Suppliers of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) to Belgium in 2022:

  1. United States (5.7 tons)
  2. China (0.5 tons)
  3. Netherlands (0.1 tons)
  4. Poland (0.1 tons)

Exports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Belgium

In 2022, overseas shipments of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s decreased by -22.7% to 4.2 tons, falling for the second year in a row after two years of growth. In general, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 18%. As a result, the exports reached the peak of 9.6 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s declined remarkably to $3.2M in 2022. Over the period under review, exports faced a deep contraction. The growth pace was the most rapid in 2020 when exports increased by 37% against the previous year. As a result, the exports attained the peak of $8.5M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain9241,2881,2571,46516.6%
Italy20841160149733.7%
United Arab EmiratesN/AN/AN/A2830%
Israel0.71.10.1188545.2%
Poland51.261.167.816046.2%
France3,8114,2071,829129-67.7%
HungaryN/A12452.796.4-11.8%
United Kingdom70744822769.3-53.9%
United States37.984539327.7-9.9%
Morocco0.1613318N/A5539.1%
Others434451384315-10.1%
Total6,1738,4505,1313,231-19.4%

Top Export Markets for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) from Belgium in 2022:

  1. Spain (2225.0 kg)
  2. Italy (517.0 kg)
  3. United Arab Emirates (380.0 kg)
  4. Israel (304.0 kg)
  5. Poland (155.0 kg)
  6. Hungary (104.0 kg)
  7. France (100.0 kg)
  8. United Kingdom (93.0 kg)
  9. United States (56.0 kg)

Source: IndexBox Market Intelligence Platform

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