Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Mexico - 2023
Contents:
- Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Mexico (CIF) - 2023
- Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Mexico
Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Mexico (CIF) - 2023
In November 2023, the average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s amounted to $513K per ton, approximately reflecting the previous month. Over the period under review, the import price showed a moderate increase. The import price peaked at $554K per ton in September 2023; however, from October 2023 to November 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2022 to November 2023, the rate of growth in terms of prices for China amounted to +2.1% per month.
Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Mexico
In 2022, overseas purchases of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s decreased by -3.8% to 3.3 tons, falling for the second year in a row after two years of growth. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +14.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -17.8% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 85% against the previous year. As a result, imports attained the peak of 4 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s fell slightly to $1.6M in 2022. Overall, imports showed a pronounced descent. The most prominent rate of growth was recorded in 2020 with an increase of 73% against the previous year. As a result, imports attained the peak of $3.2M. 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 Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.2 | 2.4 | 1.7 | 1.6 | 10.1% |
| Spain | 0.6 | 0.8 | N/A | N/A | 33.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.9 | 3.2 | 1.7 | 1.6 | -5.6% |
Top Suppliers of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) to Mexico in 2022:
- China (3.3 tons)
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