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

Contents:

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

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

The average import price for hormones; halogenated derivatives or adrenal cortical hormoneses stood at $2,661,481 per ton in 2022, rising by 31% against the previous year. In general, the import price enjoyed strong growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 170% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($5,991,447 per ton), while the price for Malaysia ($1,692,135 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for hormones; halogenated derivatives or adrenal cortical hormoneses stood at $8,000 per ton in 2022, shrinking by -95.8% against the previous year. Over the period under review, the export price showed a precipitous setback. The growth pace was the most rapid in 2016 when the average export price increased by 613% against the previous year. The export price peaked at $1,690,400 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2014 to 2022, the rate of growth in terms of prices for Italy amounted to -2.5% per year.

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

After three years of growth, purchases abroad of hormones; halogenated derivatives or adrenal cortical hormoneses decreased by -21.1% to 414 kg in 2022. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,361%.

In value terms, imports of hormones; halogenated derivatives or adrenal cortical hormoneses expanded slightly to $1.1M in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,666% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Import of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/AN/A5630%
Malaysia45.18821,062525126.6%
Germany4.41.63.113.545.3%
Others0.60.60.70.60.0%
Total50.18841,0651,102180.2%

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

  1. Malaysia (310.0 kg)
  2. Italy (94.0 kg)
  3. Germany (6.0 kg)

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

In 2022, overseas shipments of hormones; halogenated derivatives or adrenal cortical hormoneses decreased by -99.9% to 1 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 483,600% against the previous year. As a result, the exports attained the peak of 4.8 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of hormones; halogenated derivatives or adrenal cortical hormoneses dropped dramatically to $8 in 2022. In general, exports recorded a dramatic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 476,384%. As a result, the exports reached the peak of $934K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/A934186N/A-80.1%
United StatesN/AN/AN/AN/A0%
Others0.2N/AN/AN/A0%
Total0.2934186N/A2949.6%

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

  1. United States (1.0 kg)

Source: IndexBox Market Intelligence Platform

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