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

Contents:

  1. Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Tanzania (CIF) - 2022
  2. Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Tanzania

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

The average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s stood at $507,653 per ton in 2022, growing by 3% against the previous year. In general, the import price, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2019 an increase of 72% against the previous year. Over the period under review, average import prices reached the maximum at $891,917 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,919,250 per ton), while the price for India totaled $193,943 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.5%).

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

In 2022, after three years of growth, there was significant decline in overseas purchases of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s, when their volume decreased by -8.7% to 95 kg. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +23.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 76%.

In value terms, imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s contracted to $48K in 2022. The total import value increased at an average annual rate of +10.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 25%.

Import of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China22.724.824.331.411.4%
India11.019.926.616.915.4%
FranceN/A0.5N/AN/A0%
Others2.5N/A0.4N/A-60.0%
Total36.245.251.348.210.0%

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

  1. India (87.0 kg)
  2. China (8.0 kg)

Source: IndexBox Market Intelligence Platform

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