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

Contents:

  1. Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Denmark (CIF) - 2023
  2. Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Denmark (FOB) - 2022
  3. Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Denmark
  4. Exports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Denmark

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

The average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s stood at $1.2M per ton in December 2023, stabilizing at the previous month. Over the period under review, the import price, however, saw a mild increase. The growth pace was the most rapid in April 2023 an increase of 226% against the previous month. As a result, import price attained the peak level of $2,403 per kg; afterwards, it flattened through to December 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Malaysia ($2.7M per ton), while the price for Norway ($19,295 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Norway (+23.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s amounted to $3,066,000 per ton, therefore, remained relatively stable against the previous year. In general, the export price continues to indicate temperate growth. The growth pace was the most rapid in 2015 when the average export price increased by 83%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Iceland.

From 2013 to 2022, the rate of growth in terms of prices for Italy amounted to +18.7% per year.

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

In 2022, approx. 1.4 tons of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s were imported into Denmark; surging by 285% against the previous year's figure. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s surged to $1.6M in 2022. Overall, imports enjoyed prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland8195653611,0659.1%
China0.876039.8469736.9%
Germany59.423.47.26.7-51.7%
United States28.763.24.43.0-52.9%
Others22.113.816.29.8-23.7%
Total9301,4254291,55418.7%

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

  1. Poland (894.0 kg)
  2. China (505.0 kg)
  3. Germany (6.0 kg)
  4. United States (4.0 kg)

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

In 2022, overseas shipments of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s decreased by 0% to 1 kg, falling for the second consecutive year after two years of growth. Overall, exports faced a dramatic shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 200% against the previous year. As a result, the exports attained the peak of 6 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s amounted to $3.1K in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 133%. As a result, the exports reached the peak of $6.9K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IcelandN/AN/AN/A3.10%
SpainN/A6.9N/AN/A0%
Italy3.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total3.06.9N/A3.11.1%

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

  1. Iceland (1.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone) - Denmark