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

Contents:

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

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

The average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s stood at $1,177,028 per ton in 2022, surging by 166% against the previous year. Overall, the import price posted a temperate increase. The most prominent rate of growth was recorded in 2016 an increase of 204% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($2,317,250 per ton), while the price for Guatemala ($196,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in the Dominican Republic

In 2022, purchases abroad of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s decreased by -57.1% to 72 kg, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 127%. As a result, imports reached the peak of 222 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s rose markedly to $85K in 2022. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 66%. As a result, imports reached the peak of $143K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.720.13.940.656.0%
Spain5.015.18.824.670.1%
Mexico0.40.61.19.3185.4%
United States34.619.613.28.7-36.9%
Guatemala5.230.220.10.8-46.4%
Germany2.911.87.4N/A59.7%
India8.020.311.2N/A18.3%
Italy7.48.02.2N/A-45.5%
Others12.517.86.30.7-61.7%
Total86.614374.284.7-0.7%

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

  1. China (30.0 kg)
  2. Spain (25.0 kg)
  3. United States (8.0 kg)
  4. Mexico (4.0 kg)
  5. Guatemala (4.0 kg)

Source: IndexBox Market Intelligence Platform

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