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

Contents:

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

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

The average import price for hormones; halogenated derivatives or adrenal cortical hormoneses stood at $4,328,795 per ton in 2022, falling by -26.7% against the previous year. In general, the import price saw a deep downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 108%. The import price peaked at $17,425,374 per ton in 2013; however, from 2014 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 ($9,388,872 per ton), while the price for the United States ($2,146,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+1.0%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the amount of hormones; halogenated derivatives or adrenal cortical hormoneses imported into Morocco skyrocketed to 234 kg, with an increase of 59% compared with 2021. Over the period under review, imports continue to indicate buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of hormones; halogenated derivatives or adrenal cortical hormoneses skyrocketed to $1M in 2022. The total import value increased at an average annual rate of +8.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 27%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy10014718636654.1%
India380100222292-8.4%
France1882872442083.4%
United Kingdom98.5N/A61.11258.3%
United States15.81461462.1-49.0%
Others21.35.98.219.3-3.2%
Total8036868681,0138.1%

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

  1. India (97.0 kg)
  2. France (70.0 kg)
  3. Italy (39.0 kg)
  4. United Kingdom (23.0 kg)
  5. United States (1.0 kg)

Source: IndexBox Market Intelligence Platform

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