Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Ecuador - 2022

Contents:

  1. Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Ecuador (CIF) - 2022
  2. Imports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Ecuador

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

In 2022, the average import price for hormones; halogenated derivatives or adrenal cortical hormoneses amounted to $2,183,587 per ton, growing by 22% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible contraction. The growth pace was the most rapid in 2018 when the average import price increased by 35% against the previous year. The import price peaked at $3,539,518 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 ($17,486,167 per ton), while the price for the United States ($122,800 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 167 kg of hormones; halogenated derivatives or adrenal cortical hormoneses were imported into Ecuador; picking up by 2.5% compared with the previous year's figure. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +16.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 50% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of hormones; halogenated derivatives or adrenal cortical hormoneses skyrocketed to $365K in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.6% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore10114315119524.5%
Italy39.833.973.210538.2%
China28.853.736.023.6-6.4%
Peru3.03.78.712.360.1%
Germany14.26.59.56.5-22.9%
Hong Kong SARN/A1.42.64.273.2%
Spain1.00.91.11.514.5%
United States0.10.30.41.2128.9%
Others45.238.08.815.5-30.0%
Total23328129136516.1%

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

  1. China (39.0 kg)
  2. Peru (33.0 kg)
  3. Germany (31.0 kg)
  4. Singapore (26.0 kg)
  5. United States (10.0 kg)
  6. Spain (7.0 kg)
  7. Hong Kong SAR (7.0 kg)
  8. Italy (6.0 kg)

Source: IndexBox Market Intelligence Platform

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