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

Contents:

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

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

In 2022, the average import price for hormones; halogenated derivatives or adrenal cortical hormoneses amounted to $2,258,656 per ton, with an increase of 16% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for hormones; halogenated derivatives or adrenal cortical hormoneses increased by +113.5% against 2017 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by 35% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($8,945,000 per ton), while the price for Germany ($329,176 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 1.2 tons of hormones; halogenated derivatives or adrenal cortical hormoneses were imported into Iran; falling by -62.9% on the year before. Overall, imports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 41%. As a result, imports attained the peak of 3.3 tons, and then dropped significantly in the following year.

In value terms, imports of hormones; halogenated derivatives or adrenal cortical hormoneses reduced sharply to $2.8M in 2022. In general, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 65% against the previous year. As a result, imports attained the peak of $6.4M, and then shrank remarkably in the following year.

Import of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,995765194685-30.0%
Luxembourg29724.154344914.8%
Spain61.217530937783.3%
China7381,3494,460339-22.8%
South Korea318280283258-6.7%
India87046153.058.7-59.3%
Hong Kong SAR13574.614.949.6-28.4%
CanadaN/AN/AN/A38.50%
Germany11156.923.633.6-32.9%
Others795718566492-14.8%
Total5,3203,9046,4472,780-19.5%

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

  1. South Korea (429.0 kg)
  2. China (225.0 kg)
  3. Germany (102.0 kg)
  4. Spain (97.0 kg)
  5. Italy (90.0 kg)
  6. Luxembourg (73.0 kg)
  7. Hong Kong SAR (62.0 kg)
  8. Canada (57.0 kg)
  9. India (31.0 kg)

Source: IndexBox Market Intelligence Platform

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