Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Australia - 2024

Contents:

1. Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Australia (CIF) - 2022
2. Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Australia (FOB) - 2022
3. Imports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Australia
4. Exports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Australia

Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Australia (CIF) - 2022

The average import price for hormones; halogenated derivatives or adrenal cortical hormoneses stood at $144,426,647 per ton in 2022, waning by -46.5% against the previous year. Overall, the import price, however, posted a significant expansion. The most prominent rate of growth was recorded in 2017 an increase of 434% against the previous year. Over the period under review, average import prices hit record highs at $447,623,747 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($153,084,019 per ton), while the price for China ($10,403,429 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+30.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Australia (FOB) - 2022

In 2022, the average export price for hormones; halogenated derivatives or adrenal cortical hormoneses amounted to $75,150 per ton, increasing by 19% against the previous year. In general, the export price, however, saw a dramatic contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 88% against the previous year. Over the period under review, the average export prices reached the maximum at $1,015,000 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($244,000 per ton), while the average price for exports to New Zealand ($15,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+28.1%), while the prices for the other major destinations experienced a decline.

Imports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Australia

In 2022, the amount of hormones; halogenated derivatives or adrenal cortical hormoneses imported into Australia dropped notably to 337 kg, declining by -27.1% against the previous year's figure. Overall, imports, however, showed a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of 92% against the previous year. As a result, imports reached the peak of 462 kg, and then declined significantly in the following year.

In value terms, imports of hormones; halogenated derivatives or adrenal cortical hormoneses contracted rapidly to $49M in 2022. Over the period under review, imports faced a precipitous contraction. The pace of growth was the most pronounced in 2021 when imports increased by 34% against the previous year. As a result, imports reached the peak of $125M, and then dropped markedly in the following year.

Top Suppliers of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones to Australia in 2022:

1. United Kingdom (316.0 kg)
2. China (7.0 kg)
3. Spain (7.0 kg)

Exports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Australia

In 2022, shipments abroad of hormones; halogenated derivatives or adrenal cortical hormoneses decreased by -98.2% to 20 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 1,443% against the previous year. As a result, the exports reached the peak of 1.1 tons, and then fell markedly in the following year.

In value terms, exports of hormones; halogenated derivatives or adrenal cortical hormoneses declined markedly to $1.5K in 2022. Overall, exports continue to indicate a dramatic setback. The pace of growth was the most pronounced in 2020 when exports increased by 164% against the previous year.

Top Export Markets for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones from Australia in 2022:

1. Hong Kong SAR (15.0 kg)
2. Malaysia (3.0 kg)
3. New Zealand (1.0 kg)
4. Singapore (1.0 kg)

Source: IndexBox Market Intelligence Platform