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

Contents:

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

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

The average import price for hormones; halogenated derivatives or adrenal cortical hormoneses stood at $1,222,351 per ton in 2022, which is down by -60.9% against the previous year. Over the period under review, the import price continues to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 82% against the previous year. As a result, import price attained the peak level of $3,130 per kg, and then dropped dramatically 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 Italy ($3,332,261 per ton), while the price for Germany ($213,500 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+26.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for hormones; halogenated derivatives or adrenal cortical hormoneses stood at $128,667 per ton in 2022, which is down by -95.2% against the previous year. In general, the export price, however, saw pronounced growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 334% against the previous year. As a result, the export price attained the peak level of $2,693 per kg, and then declined sharply in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +2.2% per year.

Imports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Sri Lanka

In 2022, imports of hormones; halogenated derivatives or adrenal cortical hormoneses into Sri Lanka surged to 202 kg, with an increase of 156% against the previous year. Over the period under review, imports recorded a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of hormones; halogenated derivatives or adrenal cortical hormoneses contracted slightly to $247K in 2022. The total import value increased at an average annual rate of +12.3% over the period 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 2020 with an increase of 42% against the previous year. As a result, imports attained the peak of $248K. From 2021 to 2022, the growth of imports of failed to regain momentum.

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

1. China (168.0 kg)
2. Italy (23.0 kg)
3. India (8.0 kg)
4. Germany (2.0 kg)

Exports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Sri Lanka

Exports of hormones; halogenated derivatives or adrenal cortical hormoneses from Sri Lanka shrank remarkably to 6 kg in 2022, with a decrease of -53.8% against the year before. Overall, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 1,200% against the previous year. As a result, the exports attained the peak of 13 kg, and then dropped significantly in the following year.

In value terms, exports of hormones; halogenated derivatives or adrenal cortical hormoneses contracted significantly to $772 in 2022. Over the period under review, exports showed a dramatic decline. The growth pace was the most rapid in 2021 when exports increased by 5,538%. As a result, the exports reached the peak of $35K, and then reduced dramatically in the following year.

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

1. Maldives (6.0 kg)

Source: IndexBox Market Intelligence Platform