Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in China - 2023

Contents:

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

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

The average export price for hormones; halogenated derivatives or adrenal cortical hormoneses stood at $989,218 per ton in 2022, rising by 36% against the previous year. Overall, the export price, however, recorded a pronounced curtailment. Over the period under review, the average export prices hit record highs at $1,682,199 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($1,993,963 per ton), while the average price for exports to Egypt ($705,279 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 the UK (+2.1%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for hormones; halogenated derivatives or adrenal cortical hormoneses amounted to $10,407,723 per ton, reducing by -44.2% against the previous year. In general, the import price, however, posted a significant expansion. The pace of growth was the most pronounced in 2019 an increase of 129% against the previous year. Over the period under review, average import prices attained the peak figure at $18,639,488 per ton in 2021, and then dropped significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($59,229,551 per ton), while the price for the UK ($458,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+158.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, shipments abroad of hormones; halogenated derivatives or adrenal cortical hormoneses decreased by -28.8% to 103 tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +9.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 36%.

In value terms, exports of hormones; halogenated derivatives or adrenal cortical hormoneses contracted to $102M in 2022. The total export value increased at an average annual rate of +8.3% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 21%.

Export of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India29.935.737.330.20.3%
Italy7.910.09.412.416.2%
United Kingdom5.06.17.610.026.0%
Malaysia2.83.76.86.028.9%
Spain4.15.35.75.17.5%
Pakistan2.43.52.62.96.5%
Vietnam2.02.73.42.69.1%
Indonesia1.71.82.32.412.2%
Egypt1.11.31.11.920.0%
Brazil1.92.11.81.8-1.8%
Mexico1.01.61.01.719.3%
Bangladesh0.81.01.11.523.3%
Iran2.31.22.50.5-39.9%
Others17.121.122.222.59.6%
Total80.197.11051028.4%

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

  1. India (37.0 tons)
  2. Italy (14.5 tons)
  3. Malaysia (7.4 tons)
  4. Spain (5.2 tons)
  5. United Kingdom (5.0 tons)
  6. Pakistan (3.6 tons)
  7. Indonesia (2.9 tons)
  8. Vietnam (2.9 tons)
  9. Egypt (2.7 tons)
  10. Mexico (2.0 tons)
  11. Bangladesh (1.7 tons)
  12. Brazil (1.4 tons)
  13. Iran (0.6 tons)

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

After two years of decline, supplies from abroad of hormones; halogenated derivatives or adrenal cortical hormoneses increased by 61% to 412 kg in 2022. In general, imports, however, recorded a deep slump.

In value terms, imports of hormones; halogenated derivatives or adrenal cortical hormoneses fell to $4.3M in 2022. Over the period under review, imports, however, showed a noticeable contraction. The pace of growth appeared the most rapid in 2020 with an increase of 65% against the previous year. As a result, imports attained the peak of $7.6M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore1.94.04.32.915.1%
Italy2.03.40.30.8-26.3%
India0.10.20.10.458.7%
France0.1N/A0.1N/A0.0%
Portugal0.5N/AN/AN/A0%
Taiwan (Chinese)N/AN/AN/AN/A0%
Others0.1N/AN/A0.10.0%
Total4.67.64.84.3-2.2%

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

  1. India (223.0 kg)
  2. Italy (128.0 kg)
  3. Singapore (49.0 kg)
  4. France (3.0 kg)

Source: IndexBox Market Intelligence Platform

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