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

Contents:

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

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

In 2022, the average export price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s amounted to $840,778 per ton, with an increase of 8.8% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 43% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($3,870,700 per ton), while the average price for exports to Pakistan ($383,542 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s amounted to $331,192 per ton, jumping by 22% against the previous year. Over the period under review, the import price, however, recorded a deep contraction. The growth pace was the most rapid in 2021 an increase of 42%. The import price peaked at $857,865 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($560,921 per ton), while the price for Italy ($243,591 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-8.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, shipments abroad of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s was finally on the rise to reach 15 tons after two years of decline. In general, exports, however, recorded a abrupt contraction.

In value terms, exports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s surged to $13M in 2022. Over the period under review, exports, however, saw a pronounced decrease.

Export of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4,1654,9652,2035,1687.5%
United States1,7208095911,416-6.3%
Mexico7371,3207071,05012.5%
Egypt1,100421122960-4.4%
Portugal6265626157566.5%
Pakistan821642855576-11.1%
China2.057.4N/A310437.2%
Ecuador13711114425122.4%
Bangladesh1682381491995.8%
India1,4201,038185146-53.2%
Iran61518165124.8-65.7%
Others2,6973,9213,2551,961-10.1%
Total14,20714,2659,47612,818-3.4%

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

  1. Germany (5.9 tons)
  2. United States (2.8 tons)
  3. Pakistan (1.5 tons)
  4. Egypt (1.1 tons)
  5. Mexico (0.8 tons)
  6. Bangladesh (0.5 tons)
  7. China (0.5 tons)
  8. Portugal (0.4 tons)
  9. Ecuador (0.4 tons)
  10. India (0.2 tons)
  11. Iran (0.1 tons)

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

In 2022, purchases abroad of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s decreased by -12.7% to 37 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 118%. As a result, imports reached the peak of 81 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 rose sharply to $12M in 2022. Over the period under review, imports continue to indicate a precipitous contraction.

Import of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China21.411.08.19.5-23.7%
Belgium0.91.41.21.210.1%
France1.91.20.61.1-16.7%
Italy0.10.50.20.226.0%
Germany0.51.00.60.1-41.5%
HungaryN/AN/AN/AN/A0%
Others1.40.40.70.1-58.5%
Total26.215.511.412.1-22.7%

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

  1. China (29.4 tons)
  2. Belgium (4.0 tons)
  3. France (2.0 tons)
  4. Italy (0.7 tons)
  5. Germany (0.3 tons)

Source: IndexBox Market Intelligence Platform

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