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

Contents:

  1. Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Myanmar (CIF) - 2022
  2. Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Myanmar

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

In 2022, the average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s amounted to $16,000 per ton, jumping by 50% against the previous year. Over the period under review, the import price, however, saw a precipitous decline. The growth pace was the most rapid in 2019 when the average import price increased by 76%. As a result, import price attained the peak level of $544,500 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2015 to 2022, the rate of growth in terms of prices for China amounted to -36.0% per year.

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

After two years of decline, supplies from abroad of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s decreased by -66.7% to 1 kg in 2022. Overall, imports showed a significant decrease.

In value terms, imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s declined remarkably to $16 in 2022. Over the period under review, imports showed a sharp setback.

Import of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Myanmar (USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A16.00%
Singapore1,089N/A23.0N/A-85.5%
ThailandN/AN/A9.0N/A0%
OthersN/AN/AN/AN/A0%
Total1,089N/A32.016.0-75.5%

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

  1. China (1.0 kg)

Source: IndexBox Market Intelligence Platform

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