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

Contents:

  1. Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Ghana (CIF) - 2022
  2. Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Ghana

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

The average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s stood at $394,202 per ton in 2022, growing by 22% against the previous year. In general, the import price, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2017 when the average import price increased by 70% against the previous year. The import price peaked at $1,048,656 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -1.5% per year.

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

In 2022, supplies from abroad of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s decreased by -14.7% to 1.1 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, recorded significant growth. The growth pace was the most rapid in 2020 when imports increased by 111% against the previous year. As a result, imports reached the peak of 1.3 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s expanded slightly to $418K in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 125%. As a result, imports reached the peak of $434K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China18442624440930.5%
India8.78.4157N/A324.8%
OthersN/AN/AN/A8.70%
Total19343440141829.4%

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

  1. China (1049.0 kg)

Source: IndexBox Market Intelligence Platform

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