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

Contents:

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

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

The average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s stood at $187,864 per ton in 2022, increasing by 44% against the previous year. Overall, the import price, however, saw a abrupt shrinkage. Over the period under review, average import prices hit record highs at $556,017 per ton in 2017; however, from 2018 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 the United States ($337,000 per ton), while the price for Brazil ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-1.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s amounted to $1,537,000 per ton, surging by 2.7% against the previous year. In general, the export price recorded a prominent increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 96% against the previous year. As a result, the export price attained the peak level of $1,749 per kg. From 2019 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Costa Rica.

From 2012 to 2022, the rate of growth in terms of prices for Costa Rica amounted to +5.3% per year.

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

In 2022, purchases abroad of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s was finally on the rise to reach 22 kg after two years of decline. Overall, imports, however, recorded a dramatic slump.

In value terms, imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s surged to $4.1K in 2022. In general, imports, however, recorded a significant contraction.

Import of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany17.34.10.41.8-53.0%
Costa RicaN/AN/AN/A1.50%
China3.63.00.10.5-48.2%
United States0.60.30.10.3-20.6%
Spain0.60.2N/AN/A-66.7%
NicaraguaN/AN/AN/AN/A0%
Brazil0.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total22.27.60.74.1-43.1%

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

  1. Costa Rica (10.0 kg)
  2. Germany (6.0 kg)
  3. China (2.0 kg)
  4. Brazil (1.0 kg)
  5. United States (1.0 kg)
  6. Nicaragua (1.0 kg)
  7. Spain (1.0 kg)

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

Exports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s from Panama was estimated at 1 kg in 2022, stabilizing at 2021 figures. In general, exports recorded a relatively flat trend pattern. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s expanded to $1.5K in 2022. Overall, exports continue to indicate a noticeable shrinkage.

Export of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica1.71.61.51.5-4.1%
OthersN/AN/AN/AN/A0%
Total1.71.61.51.5-4.1%

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

  1. Costa Rica (1.0 kg)

Source: IndexBox Market Intelligence Platform

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