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

Contents:

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

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

The average export price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s stood at $931,474 per ton in 2022, growing by 2.4% against the previous year. In general, the export price, however, showed a pronounced downturn. The pace of growth was the most pronounced in 2014 when the average export price increased by 33%. As a result, the export price reached the peak level of $1,383 per kg. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Morocco ($1,215,391 per ton), while the average price for exports to Iraq ($66,298 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 Egypt (+0.4%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s amounted to $480,742 per ton, remaining stable against the previous year. Overall, the import price showed a deep reduction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 28% against the previous year. Over the period under review, average import prices reached the peak figure at $1,066,163 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($2,128,971 per ton), while the price for China ($440,477 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.6%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the amount of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s exported from Italy skyrocketed to 32 tons, increasing by 47% against the previous year's figure. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +15.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.3% against 2019 indices. 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 $30M in 2022. The total export value increased at an average annual rate of +9.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil8.99.05.211.910.2%
France4.64.02.26.210.5%
Egypt0.50.51.51.750.4%
Morocco1.91.91.71.7-3.6%
Algeria0.10.11.61.5146.6%
ChinaN/A0.21.11.3155.0%
Pakistan0.81.01.20.7-4.4%
Poland0.50.10.40.4-7.2%
Bangladesh0.70.70.90.4-17.0%
Czech RepublicN/A0.10.10.373.2%
Argentina0.10.50.30.226.0%
Hong Kong SAR0.30.9N/AN/A200.0%
IraqN/AN/AN/AN/A0%
Others4.95.93.93.9-7.3%
Total23.324.920.130.29.0%

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

  1. Brazil (11.9 tons)
  2. France (6.0 tons)
  3. China (2.1 tons)
  4. Pakistan (1.8 tons)
  5. Egypt (1.5 tons)
  6. Morocco (1.4 tons)
  7. Algeria (1.3 tons)
  8. Czech Republic (0.7 tons)
  9. Iraq (0.6 tons)
  10. Poland (0.4 tons)
  11. Argentina (0.4 tons)
  12. Bangladesh (0.4 tons)

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

In 2022, imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s into Italy skyrocketed to 44 tons, surging by 79% against the previous year's figure. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +8.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -6.1% against 2020 indices.

In value terms, imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s surged to $21M in 2022. Over the period under review, imports, however, recorded a deep contraction.

Import of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15.918.59.118.24.6%
United States1.31.00.60.8-14.9%
Germany4.40.60.40.7-45.8%
France3.12.81.30.5-45.6%
Others1.71.10.60.9-19.1%
Total26.424.112.021.1-7.2%

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

  1. China (41.4 tons)
  2. United States (1.0 tons)
  3. Germany (0.6 tons)
  4. France (0.4 tons)

Source: IndexBox Market Intelligence Platform

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