Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Vietnam - 2022
Contents:
- Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Vietnam (CIF) - 2022
- Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Vietnam (FOB) - 2022
- Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Vietnam
- Exports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Vietnam
Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Vietnam (CIF) - 2022
The average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s stood at $824,831 per ton in 2022, with an increase of 4.7% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 12%. As a result, import price attained the peak level of $1,059,207 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($825,280 per ton), while the price for India ($820,050 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-0.5%), while the prices for the other major suppliers experienced a decline.
Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Vietnam (FOB) - 2022
In 2022, the average export price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s amounted to $790,500 per ton, with an increase of 4,830% against the previous year. Over the period under review, the export price showed significant growth. The most prominent rate of growth was recorded in 2018 an increase of 21,942% against the previous year. As a result, the export price attained the peak level of $853,425 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2017 to 2022, the rate of growth in terms of prices for Malaysia amounted to +0.2% per year.
Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Vietnam
Imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s into Vietnam expanded significantly to 5.7 tons in 2022, with an increase of 5.8% on the year before. The total import volume increased at an average annual rate of +6.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 16% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s expanded sharply to $4.7M in 2022. The total import value increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.5 | 3.8 | 3.7 | 4.1 | 5.4% |
| Italy | 0.3 | 0.3 | 0.4 | 0.5 | 18.6% |
| Others | 0.3 | N/A | 0.1 | 0.1 | -30.7% |
| Total | 4.1 | 4.1 | 4.2 | 4.7 | 4.7% |
Top Suppliers of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) to Vietnam in 2022:
- China (5.0 tons)
- Italy (0.6 tons)
Exports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Vietnam
In 2022, shipments abroad of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s decreased by -99.9% to 10 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports recorded a precipitous contraction. The pace of growth was the most pronounced in 2020 with an increase of 4,326%.
In value terms, exports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s reduced remarkably to $7.9K in 2022. Overall, exports showed a significant decrease. The pace of growth was the most pronounced in 2021 when exports increased by 133% against the previous year. As a result, the exports attained the peak of $135K, and then fell dramatically in the following year.
| Export of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 7.9 | 0% |
| Oman | 34.4 | N/A | 17.7 | N/A | -28.3% |
| Malaysia | N/A | 58.0 | 117 | N/A | 101.7% |
| Others | N/A | N/A | 0.3 | N/A | 0% |
| Total | 34.4 | 58.0 | 135 | 7.9 | -38.8% |
Top Export Markets for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) from Vietnam in 2022:
- Germany (10.0 kg)
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