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

Contents:

  1. Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Germany (CIF) - 2023
  2. Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Germany (FOB) - 2023
  3. Imports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Germany
  4. Exports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Germany

Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Germany (CIF) - 2023

The average import price for hormones; halogenated derivatives or adrenal cortical hormoneses stood at $11.9M per ton in December 2023, jumping by 79% against the previous month. Overall, the import price recorded a notable expansion. The pace of growth appeared the most rapid in October 2023 when the average import price increased by 620% against the previous month. As a result, import price attained the peak level of $26,736 per kg; afterwards, it flattened through to December 2023.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was China ($199M per ton), while the price for India ($2.8M per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Singapore (+29.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Germany (FOB) - 2023

The average export price for hormones; halogenated derivatives or adrenal cortical hormoneses stood at $6.6M per ton in December 2023, rising by 415% against the previous month. Overall, the export price continues to indicate a resilient increase. The growth pace was the most rapid in January 2023 when the average export price increased by 589% month-to-month. As a result, the export price reached the peak level of $19,744 per kg; afterwards, it flattened through to December 2023.

There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was the UK ($15.5M per ton), while the average price for exports to Ukraine ($5.8M per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, overseas purchases of hormones; halogenated derivatives or adrenal cortical hormoneses were finally on the rise to reach 2.8 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a deep contraction.

In value terms, imports of hormones; halogenated derivatives or adrenal cortical hormoneses declined modestly to $25M in 2022. Overall, imports, however, continue to indicate a pronounced reduction.

Import of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore10.69.19.68.9-5.7%
Italy5.43.94.54.1-8.8%
United Kingdom1.73.21.72.513.7%
India3.23.43.11.6-20.6%
Spain1.11.11.11.22.9%
United States1.01.51.20.9-3.5%
Netherlands0.90.91.20.90.0%
France1.71.61.70.7-25.6%
Malaysia0.50.40.10.3-15.7%
Others3.32.62.24.17.5%
Total29.327.926.525.3-4.8%

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

  1. Italy (537.0 kg)
  2. Spain (392.0 kg)
  3. United Kingdom (353.0 kg)
  4. India (305.0 kg)
  5. Singapore (244.0 kg)
  6. Netherlands (220.0 kg)
  7. United States (185.0 kg)
  8. Malaysia (170.0 kg)
  9. France (137.0 kg)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of hormones; halogenated derivatives or adrenal cortical hormoneses, when their volume decreased by -7.2% to 4.5 tons. Overall, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +19.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 56%.

In value terms, exports of hormones; halogenated derivatives or adrenal cortical hormoneses contracted remarkably to $17M in 2022. Over the period under review, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 28%.

Export of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy11.112.714.15.2-22.3%
China2.04.04.22.913.2%
Belgium1.83.63.32.815.9%
France2.61.50.70.9-29.8%
Austria0.40.70.80.931.0%
Switzerland0.30.30.50.732.6%
Ukraine0.40.20.40.2-20.6%
Ecuador0.10.10.10.10.0%
Others4.15.97.43.6-4.2%
Total22.729.131.517.3-8.7%

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

  1. Belgium (2970.0 kg)
  2. Italy (313.0 kg)
  3. Austria (278.0 kg)
  4. Switzerland (203.0 kg)
  5. Ecuador (172.0 kg)
  6. France (104.0 kg)
  7. China (49.0 kg)
  8. Ukraine (29.0 kg)

Source: IndexBox Market Intelligence Platform

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