Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Sri Lanka - 2022
Contents:
- Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Sri Lanka (CIF) - 2022
- Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Sri Lanka
Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Sri Lanka (CIF) - 2022
The average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s stood at $596,657 per ton in 2022, with an increase of 25% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 33% against the previous year. Over the period under review, average import prices attained the peak figure at $933,443 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
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 India ($2,060,556 per ton), while the price for China stood at $568,076 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.9%), while the prices for the other major suppliers experienced a decline.
Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Sri Lanka
After three years of growth, overseas purchases of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s decreased by -45.6% to 905 kg in 2022. Over the period under review, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. As a result, imports reached the peak of 1.7 tons, and then shrank rapidly in the following year.
In value terms, imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s shrank markedly to $540K in 2022. Overall, imports saw a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 19%. As a result, imports attained the peak of $794K, and then declined markedly in the following year.
| Import of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 735 | 639 | 774 | 503 | -11.9% |
| India | 6.3 | 5.5 | 5.8 | 37.1 | 80.6% |
| Indonesia | 7.5 | 6.0 | 4.8 | N/A | -20.0% |
| Others | 2.9 | 17.1 | 9.1 | 0.1 | -67.5% |
| Total | 752 | 667 | 794 | 540 | -10.5% |
Top Suppliers of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) to Sri Lanka in 2022:
- China (885.0 kg)
- India (18.0 kg)
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