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

Contents:

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

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

In 2022, the average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s amounted to $354,021 per ton, increasing by 3.1% against the previous year. Overall, the import price, however, recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2014 when the average import price increased by 60% against the previous year. As a result, import price reached the peak level of $733,160 per ton. From 2015 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 France ($905,894 per ton), while the price for China ($266,031 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+5.5%), 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 Guatemala (FOB) - 2022

In 2022, the average export price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s amounted to $44,673 per ton, waning by -15.2% against the previous year. In general, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s decreased by -43.8% against 2017 indices. The growth pace was the most rapid in 2017 when the average export price increased by 45% against the previous year. As a result, the export price reached the peak level of $79,523 per ton. From 2018 to 2022, the average export prices remained at a somewhat 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 ($310,606 per ton), while the average price for exports to El Salvador ($13,248 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 France (+38.8%), 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 Guatemala

In 2022, imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s into Guatemala skyrocketed to 2 tons, picking up by 39% against 2021. Over the period under review, imports recorded a significant increase. 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 $723K in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.4% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 43%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Import of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China31840137644211.6%
India12018997.522523.3%
FranceN/AN/AN/A42.60%
United States8.415.57.410.78.4%
Spain32.62.319.81.3-65.8%
Switzerland0.980.0N/AN/A8788.9%
Others0.4N/A5.20.720.5%
Total48068850672314.6%

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

  1. China (1663.0 kg)
  2. India (302.0 kg)
  3. France (47.0 kg)
  4. United States (16.0 kg)
  5. Spain (2.0 kg)

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

In 2022, approx. 6.7 tons of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s were exported from Guatemala; jumping by 57% against the previous year. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s skyrocketed to $298K in 2022. Over the period under review, exports saw buoyant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 62% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica4.3N/A92.784.5169.9%
El Salvador20.414.530.066.248.1%
Dominican Republic33.586.850.144.09.5%
France79.0N/A3.930.8-26.9%
Honduras37.737.143.030.5-6.8%
Others36.3N/A4.242.55.4%
Total21113822429812.2%

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

  1. El Salvador (5.0 tons)
  2. Costa Rica (0.8 tons)
  3. Dominican Republic (0.5 tons)
  4. Honduras (0.3 tons)
  5. France (0.1 tons)

Source: IndexBox Market Intelligence Platform

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