Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Latvia - 2023
Contents:
- Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Latvia (CIF) - 2022
- Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Latvia (FOB) - 2022
- Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Latvia
- Exports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Latvia
Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Latvia (CIF) - 2022
In 2022, the average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s amounted to $948,000 per ton, which is down by -56.2% against the previous year. Overall, the import price, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2014 an increase of 336%. The import price peaked at $2,170,000 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($1,233,000 per ton), while the price for China totaled $853,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+30.2%), 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 Latvia (FOB) - 2022
The average export price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s stood at $54,000 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2019 when the average export price decreased by -42.4% against the previous year. Over the period under review, the average export prices hit record highs at $351,000 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2018 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -37.4% per year.
Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Latvia
In 2022, supplies from abroad of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s decreased by -42.9% to 4 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 133% against the previous year. As a result, imports attained the peak of 7 kg, and then reduced markedly in the following year.
In value terms, imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s reduced rapidly to $3.8K in 2022. Over the period under review, imports recorded a perceptible downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 381% against the previous year. As a result, imports attained the peak of $15K, and then reduced dramatically in the following year.
| Import of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.7 | 2.1 | 3.8 | 2.6 | 15.2% |
| Germany | 1.4 | 1.0 | 2.0 | 1.2 | -5.0% |
| Malaysia | N/A | N/A | 1.8 | N/A | 0% |
| Others | 1.2 | N/A | 7.4 | N/A | 148.3% |
| Total | 4.3 | 3.1 | 15.1 | 3.8 | -4.0% |
Top Suppliers of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) to Latvia in 2022:
- China (3.0 kg)
- Germany (1.0 kg)
Exports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Latvia
In 2022, exports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s from Latvia amounted to 1 kg, flattening at the previous year's figure. In general, exports faced a dramatic decrease. The smallest decline of -83.3% was in 2020.
In value terms, exports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s amounted to $54 in 2022. Overall, exports faced a sharp contraction. The smallest decline of -96.3% was in 2020.
| Export of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Latvia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1,214 | 45.0 | N/A | 54.0 | -64.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,214 | 45.0 | N/A | 54.0 | -64.6% |
Top Export Markets for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) from Latvia in 2022:
- Netherlands (1.0 kg)
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