Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in South Africa - 2024
Contents:
- Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in South Africa (CIF) - 2024
- Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in South Africa (FOB) - 2022
- Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in South Africa
- Exports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in South Africa
Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in South Africa (CIF) - 2024
The average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s stood at $433K per ton in January 2024, with a decrease of -20.6% against the previous month. In general, the import price recorded a mild shrinkage. The growth pace was the most rapid in July 2023 when the average import price increased by 48% m-o-m. Over the period under review, average import prices attained the maximum at $744K per ton in February 2023; however, from March 2023 to January 2024, 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 January 2023 to January 2024, the rate of growth in terms of prices for China amounted to -1.4% per month.
Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in South Africa (FOB) - 2022
The average export price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s stood at $51,863 per ton in 2022, increasing by 20% against the previous year. Overall, the export price, however, saw a precipitous setback. The most prominent rate of growth was recorded in 2014 an increase of 83%. Over the period under review, the average export prices attained the maximum at $1,115,800 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Namibia.
From 2012 to 2022, the rate of growth in terms of prices for Namibia amounted to +57.1% per year.
Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in South Africa
Imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s into South Africa soared to 8 tons in 2022, increasing by 159% against the previous year. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s surged to $2.9M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +9.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,939 | 2,206 | 1,343 | 2,282 | 5.6% |
| India | 109 | N/A | 289 | 406 | 55.0% |
| France | 21.2 | 183 | 41.7 | 119 | 77.7% |
| United States | 153 | 233 | 91.9 | 90.3 | -16.1% |
| Others | 7.7 | 2.8 | 11.5 | 1.2 | -46.2% |
| Total | 2,229 | 2,625 | 1,777 | 2,899 | 9.2% |
Top Suppliers of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) to South Africa in 2022:
- China (7.2 tons)
- India (0.6 tons)
- United States (0.1 tons)
- France (0.1 tons)
Exports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in South Africa
In 2022, approx. 102 kg of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s were exported from South Africa; reducing by -44.3% on the year before. In general, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by 438%. As a result, the exports reached the peak of 183 kg, and then dropped significantly in the following year.
In value terms, exports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s declined rapidly to $5.3K in 2022. Over the period under review, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 192% against the previous year.
| Export of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 0.7 | 0.9 | 0.8 | 5.3 | 96.4% |
| Botswana | N/A | 0.1 | 0.6 | N/A | 500.0% |
| Mozambique | 0.5 | N/A | N/A | N/A | 0% |
| Lesotho | 9.1 | N/A | 6.5 | N/A | -15.5% |
| Others | N/A | 1.7 | N/A | N/A | 0% |
| Total | 10.3 | 2.7 | 7.9 | 5.3 | -19.9% |
Top Export Markets for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) from South Africa in 2022:
- Namibia (102.0 kg)
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