Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Malaysia - 2024

Contents:

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

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

In 2022, the average export price for hormones; halogenated derivatives or adrenal cortical hormoneses amounted to $456,956 per ton, with a decrease of -29.7% against the previous year. Over the period under review, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2020 an increase of 79%. Over the period under review, the average export prices attained the peak figure at $784,541 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Morocco ($1,092,683 per ton), while the average price for exports to Vietnam ($68,532 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 Morocco (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for hormones; halogenated derivatives or adrenal cortical hormoneses stood at $443,109 per ton in 2022, shrinking by -35.9% against the previous year. Overall, the import price, however, enjoyed a perceptible increase. The pace of growth appeared the most rapid in 2020 an increase of 81%. Over the period under review, average import prices attained the maximum at $691,210 per ton in 2021, and then fell sharply in the following year.

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 Singapore ($601,580 per ton), while the price for India ($116,364 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of hormones; halogenated derivatives or adrenal cortical hormoneses exported from Malaysia skyrocketed to 34 tons, increasing by 52% on the previous year's figure. In general, exports enjoyed a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of hormones; halogenated derivatives or adrenal cortical hormoneses rose notably to $16M in 2022. The total export value increased at an average annual rate of +10.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 29% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

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

1. Brazil (5.0 tons)
2. Turkey (4.4 tons)
3. Mexico (3.2 tons)
4. Germany (2.0 tons)
5. Vietnam (1.8 tons)
6. South Korea (1.6 tons)
7. Poland (1.4 tons)
8. Hong Kong SAR (1.4 tons)
9. Pakistan (1.3 tons)
10. Thailand (1.2 tons)
11. Denmark (0.9 tons)
12. Morocco (0.8 tons)
13. Netherlands (0.7 tons)

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

In 2022, supplies from abroad of hormones; halogenated derivatives or adrenal cortical hormoneses was finally on the rise to reach 18 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a pronounced shrinkage.

In value terms, imports of hormones; halogenated derivatives or adrenal cortical hormoneses soared to $7.9M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.8% 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 +65.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 42% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

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

1. China (15.4 tons)
2. Italy (1.9 tons)
3. United States (0.1 tons)

Source: IndexBox Market Intelligence Platform