Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Nepal - 2022
Contents:
- Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Nepal (CIF) - 2022
- Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Nepal
Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Nepal (CIF) - 2022
The average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s stood at $586,847 per ton in 2022, surging by 20% against the previous year. Over the period under review, the import price, however, continues to indicate a deep slump. The import price peaked at $1,048,939 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($1,602,542 per ton), while the price for China ($514,318 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Nepal
After three years of growth, purchases abroad of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s decreased by -40% to 411 kg in 2022. Over the period under review, imports, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 83%. As a result, imports attained the peak of 685 kg, and then contracted remarkably in the following year.
In value terms, imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s dropped sharply to $241K in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +6.7% 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 increased by +21.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 63%. As a result, imports attained the peak of $334K, and then contracted rapidly in the following year.
| Import of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 163 | 177 | 293 | 173 | 2.0% |
| Malaysia | 3.3 | 5.9 | 10.8 | 38.5 | 126.8% |
| India | 32.1 | 20.9 | 29.9 | 29.3 | -3.0% |
| Others | 0.1 | 1.0 | 0.8 | 0.1 | 0.0% |
| Total | 198 | 205 | 334 | 241 | 6.8% |
Top Suppliers of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) to Nepal in 2022:
- China (337.0 kg)
- India (49.0 kg)
- Malaysia (24.0 kg)
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