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

Contents:

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

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

In 2022, the average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s amounted to $323,349 per ton, shrinking by -23.2% against the previous year. Over the period under review, the import price showed a deep slump. The pace of growth was the most pronounced in 2019 an increase of 12% against the previous year. Over the period under review, average import prices hit record highs at $1,458,696 per ton in 2014; however, from 2015 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 Italy ($2,280,875 per ton), while the price for Colombia ($4,750 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+33.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the amount of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s imported into Venezuela surged to 152 kg, growing by 181% compared with the previous year's figure. In general, imports showed significant growth. As a result, imports reached 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 skyrocketed to $49K in 2022. Over the period under review, imports enjoyed a resilient expansion.

Import of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy26.150.116.136.511.8%
United States11.418.04.88.8-8.3%
Germany1.83.31.02.15.3%
Spain1.32.10.61.0-8.4%
ColombiaN/AN/AN/A0.10%
SingaporeN/A1.3N/AN/A0%
Others0.70.90.30.70.0%
Total41.375.622.749.15.9%

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

  1. United States (100.0 kg)
  2. Italy (16.0 kg)
  3. Colombia (16.0 kg)
  4. Germany (10.0 kg)
  5. Spain (4.0 kg)

Source: IndexBox Market Intelligence Platform

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