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

Contents:

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

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

The average import price for hormones; halogenated derivatives or adrenal cortical hormoneses stood at $1,572,794 per ton in 2022, shrinking by -8.2% against the previous year. In general, the import price recorded a pronounced setback. The pace of growth appeared the most rapid in 2013 an increase of 28%. Over the period under review, average import prices hit record highs at $3,536,513 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($4,048,800 per ton), while the price for Malaysia ($1,302,429 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.6%), while the prices for the other major suppliers experienced a decline.

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

The average export price for hormones; halogenated derivatives or adrenal cortical hormoneses stood at $1,790,115 per ton in 2022, approximately mirroring the previous year. Overall, the export price saw a pronounced decrease. The growth pace was the most rapid in 2016 when the average export price increased by 395% against the previous year. The export price peaked at $37,300,000 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From 2013 to 2022, the rate of growth in terms of prices for Belarus amounted to -4.3% per year.

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

For the fourth consecutive year, Russia recorded growth in purchases abroad of hormones; halogenated derivatives or adrenal cortical hormoneses, which increased by 12% to 1.3 tons in 2022. Over the period under review, imports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when imports increased by 56%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of hormones; halogenated derivatives or adrenal cortical hormoneses expanded to $2M in 2022. The total import value increased at an average annual rate of +11.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 20%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China29660487597048.5%
Croatia518316268412-7.3%
Malaysia21941311834616.5%
FranceN/A1121451213.9%
India1615.0330108-12.5%
Others24817822352.0-40.6%
Total1,4431,6261,9592,01011.7%

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

  1. China (732.0 kg)
  2. Malaysia (266.0 kg)
  3. Croatia (154.0 kg)
  4. India (79.0 kg)
  5. France (30.0 kg)

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

For the third consecutive year, Russia recorded decline in shipments abroad of hormones; halogenated derivatives or adrenal cortical hormoneses, which decreased by 0% to 26 kg in 2022. Over the period under review, exports saw a abrupt decline. The smallest decline of -41.2% was in 2020.

In value terms, exports of hormones; halogenated derivatives or adrenal cortical hormoneses totaled $47K in 2022. In general, exports faced a abrupt shrinkage. The smallest decline of -64.4% was in 2020.

Export of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A46.50%
Belarus78.932.1N/AN/A-59.3%
Italy11.2N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total90.132.1N/A46.5-19.8%

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

  1. India (26.0 kg)

Source: IndexBox Market Intelligence Platform

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