Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Hungary - 2023
Contents:
- Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Hungary (CIF) - 2022
- Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Hungary (FOB) - 2022
- Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Hungary
- Exports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Hungary
Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Hungary (CIF) - 2022
The average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s stood at $1,975,638 per ton in 2022, increasing by 58% against the previous year. Over the period under review, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s increased by +71.0% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($3,832,560 per ton), while the price for Spain ($1,578,487 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+15.5%), 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 Hungary (FOB) - 2022
The average export price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s stood at $887,364 per ton in 2022, waning by -32.9% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 57%. As a result, the export price reached the peak level of $1,430 per kg. From 2014 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Romania.
From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +14.6% per year.
Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Hungary
In 2022, overseas purchases of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s decreased by -76.5% to 224 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a precipitous decrease. The pace of growth was the most pronounced in 2020 with an increase of 67%. As a result, imports reached the peak of 1.5 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 dropped significantly to $443K in 2022. Overall, imports saw a precipitous curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 89%. As a result, imports reached the peak of $1.9M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 180 | 128 | 127 | 128 | -10.7% |
| Spain | N/A | 121 | N/A | 126 | 2.0% |
| Belgium | N/A | 115 | 50.8 | 95.8 | -8.7% |
| China | 836 | 1,511 | 1,004 | 83.9 | -53.5% |
| France | 0.6 | 66.3 | 1.1 | N/A | 35.4% |
| Others | 9.0 | 0.3 | 11.2 | 8.2 | -3.1% |
| Total | 1,026 | 1,942 | 1,194 | 443 | -24.4% |
Top Suppliers of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) to Hungary in 2022:
- Spain (80.0 kg)
- Germany (65.0 kg)
- China (51.0 kg)
- Belgium (25.0 kg)
Exports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Hungary
In 2022, shipments abroad of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s decreased by -46.9% to 426 kg, falling for the second consecutive year after two years of growth. In general, exports faced a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 64%. As a result, the exports attained the peak of 1.4 tons. 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 fell notably to $378K in 2022. Overall, exports continue to indicate a sharp curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 78% against the previous year. As a result, the exports reached the peak of $1.5M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 843 | 1,505 | 1,061 | 377 | -23.5% |
| Others | 0.1 | 0.1 | 0.4 | 1.3 | 135.1% |
| Total | 843 | 1,505 | 1,061 | 378 | -23.5% |
Top Export Markets for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) from Hungary in 2022:
- Romania (425.0 kg)
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