Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in China - 2023
Contents:
- Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in China (FOB) - 2023
- Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in China (CIF) - 2022
- Exports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in China
- Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in China
Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in China (FOB) - 2023
In December 2023, the average export price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s amounted to $403K per ton, falling by -12.6% against the previous month. In general, the export price recorded a pronounced curtailment. The most prominent rate of growth was recorded in July 2023 an increase of 17% against the previous month. Over the period under review, the average export prices attained the maximum at $537K per ton in December 2022; however, from January 2023 to December 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Brazil ($784K per ton), while the average price for exports to Vietnam ($307K per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.8%), while the prices for the other major destinations experienced a decline.
Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in China (CIF) - 2022
The average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s stood at $1,119,126 per ton in 2022, jumping by 106% against the previous year. Overall, the import price, however, showed a slight setback. The growth pace was the most rapid in 2020 an increase of 207% against the previous year. As a result, import price reached the peak level of $1,813 per kg. From 2021 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($13,331,000 per ton), while the price for Spain ($85,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+131.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in China
In 2022, exports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s from China rose significantly to 303 tons, surging by 12% on the previous year's figure. The total export volume increased at an average annual rate of +6.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 14%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s soared to $161M in 2022. The total export value increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 27.1 | 28.7 | 36.0 | 35.9 | 9.8% |
| Brazil | 10.8 | 11.2 | 10.0 | 18.7 | 20.1% |
| United States | 15.3 | 18.3 | 8.9 | 17.2 | 4.0% |
| Italy | 15.1 | 16.8 | 8.0 | 14.3 | -1.8% |
| Spain | 10.3 | 10.5 | 7.9 | 11.0 | 2.2% |
| Germany | 5.5 | 4.6 | 5.7 | 4.5 | -6.5% |
| France | 3.9 | 2.5 | 3.5 | 3.4 | -4.5% |
| Vietnam | 2.4 | 3.4 | 2.9 | 2.8 | 5.3% |
| Pakistan | 1.6 | 1.7 | 1.9 | 2.8 | 20.5% |
| Canada | 4.4 | 5.4 | 3.8 | 2.7 | -15.0% |
| Nigeria | 1.4 | 1.7 | 2.9 | 2.1 | 14.5% |
| Algeria | 0.9 | 1.2 | 1.0 | 2.0 | 30.5% |
| Mexico | 1.0 | 2.1 | 2.3 | 2.0 | 26.0% |
| Others | 43.2 | 45.3 | 36.2 | 41.7 | -1.2% |
| Total | 143 | 153 | 131 | 161 | 4.0% |
Top Export Markets for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) from China in 2022:
- India (74.1 tons)
- Italy (34.4 tons)
- United States (31.6 tons)
- Brazil (23.9 tons)
- Spain (16.2 tons)
- France (8.0 tons)
- Pakistan (6.8 tons)
- Vietnam (6.6 tons)
- Germany (6.1 tons)
- Canada (5.2 tons)
- Nigeria (5.0 tons)
- Mexico (4.9 tons)
- Algeria (4.8 tons)
Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in China
In 2022, imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s into China declined rapidly to 111 kg, which is down by -20.1% on the year before. Over the period under review, imports showed a significant contraction. The smallest decline of -17.8% was in 2020.
In value terms, imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s skyrocketed to $124K in 2022. Overall, imports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2020 when imports increased by 152%. As a result, imports reached the peak of $736K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2.1 | 301 | N/A | 40.0 | 167.1% |
| Malaysia | 0.1 | 2.6 | 0.9 | 4.7 | 260.9% |
| Spain | 238 | 0.3 | N/A | 0.1 | -92.5% |
| United States | 8.1 | 195 | 69.0 | N/A | 191.9% |
| France | 43.7 | 234 | N/A | N/A | 435.5% |
| Others | 0.1 | 3.5 | 5.6 | 79.4 | 826.0% |
| Total | 292 | 736 | 75.5 | 124 | -24.8% |
Top Suppliers of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) to China in 2022:
- Malaysia (4.0 kg)
- Italy (3.0 kg)
- Spain (1.0 kg)
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