Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in the Dominican Republic - 2023

Contents:

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

Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in the Dominican Republic (CIF) - 2022

In 2022, the average import price for hormones; halogenated derivatives or adrenal cortical hormoneses amounted to $208,881 per ton, falling by -86.8% against the previous year. Overall, the import price recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2015 when the average import price increased by 86%. Over the period under review, average import prices hit record highs at $2,414,917 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 Germany ($3,147,000 per ton), while the price for Malaysia ($45,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in the Dominican Republic (FOB) - 2022

In 2021, the average export price for hormones; halogenated derivatives or adrenal cortical hormoneses amounted to $200,000 per ton, shrinking by -95.3% against the previous year. Over the period under review, the export price saw a sharp descent. Over the period under review, the average export prices attained the maximum at $4,280,000 per ton in 2020, and then dropped rapidly in the following year.

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

From 2020 to 2021, the rate of growth in terms of prices for Germany amounted to 0.0% per year.

Imports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in the Dominican Republic

In 2022, imports of hormones; halogenated derivatives or adrenal cortical hormoneses into the Dominican Republic soared to 151 kg, jumping by 655% against the previous year. Overall, imports showed significant 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 fell slightly to $32K in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.7% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 43% against the previous year. As a result, imports reached the peak of $32K, leveling off in the following year.

Import of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India4.78.17.913.542.1%
Spain1.22.13.39.6100.0%
China3.92.28.03.4-4.5%
Germany2.05.08.33.115.7%
Italy3.83.12.91.5-26.6%
Guatemala1.30.80.70.2-46.4%
Malaysia2.50.70.2N/A-71.7%
Others0.30.20.40.1-30.7%
Total19.822.231.731.516.7%

Top Suppliers of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones to the Dominican Republic in 2022:

  1. Spain (124.0 kg)
  2. Italy (13.0 kg)
  3. India (7.0 kg)
  4. China (3.0 kg)
  5. Malaysia (1.0 kg)
  6. Guatemala (1.0 kg)
  7. Germany (1.0 kg)

Exports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in the Dominican Republic

In 2021, approx. 1 kg of hormones; halogenated derivatives or adrenal cortical hormoneses were exported from the Dominican Republic; falling by -95.5% compared with the previous year. Overall, exports recorded a precipitous decrease.

In value terms, exports of hormones; halogenated derivatives or adrenal cortical hormoneses shrank dramatically to $200 in 2021. In general, exports recorded a precipitous slump.

Export of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in the Dominican Republic (Thousand USD)
COUNTRY20202021CAGR,
2020-2021
GermanyN/A0.20%
Brazil94.2N/A0%
OthersN/AN/A0%
Total94.20.2-99.8%

Top Export Markets for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones from the Dominican Republic in 2022:

  1. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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