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

Contents:

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

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

In 2022, the average export price for hormones; halogenated derivatives or adrenal cortical hormoneses amounted to $207,833,483 per ton, jumping by 35% against the previous year. Overall, the export price posted a buoyant expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 71% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($214,547,600 per ton), while the average price for exports to Ireland ($7,959,000 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 Belgium (+66.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for hormones; halogenated derivatives or adrenal cortical hormoneses amounted to $4,903,424 per ton, with an increase of 69% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $5,042,650 per ton in 2012; however, from 2013 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 Singapore ($19,889,010 per ton), while the price for India ($624,468 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in the UK

In 2022, approx. 5.7 tons of hormones; halogenated derivatives or adrenal cortical hormoneses were exported from the UK; waning by -33.9% compared with the previous year's figure. Overall, exports faced a abrupt decrease. The growth pace was the most rapid in 2021 when exports increased by 16% against the previous year.

In value terms, exports of hormones; halogenated derivatives or adrenal cortical hormoneses shrank to $1.2B in 2022. In general, total exports indicated a pronounced expansion from 2019 to 2022: its value increased at an average annual rate of +4.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 88% against the previous year. As a result, the exports reached the peak of $1.3B, and then contracted in the following year.

Export of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8955761,1601,1027.2%
Australia11092.612048.3-24.0%
Singapore9.08.912.75.8-13.6%
Others31.827.833.323.3-9.8%
Total1,0467061,3271,1804.1%

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

  1. United States (5.1 tons)
  2. Australia (0.2 tons)
  3. Singapore (0.1 tons)

Imports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in the UK

In 2022, overseas purchases of hormones; halogenated derivatives or adrenal cortical hormoneses decreased by -4.4% to 16 tons, falling for the second year in a row after two years of growth. In general, imports saw a deep setback. The pace of growth was the most pronounced in 2020 when imports increased by 116%. As a result, imports reached the peak of 54 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of hormones; halogenated derivatives or adrenal cortical hormoneses surged to $81M in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 105% against the previous year. As a result, imports reached the peak of $163M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore15.518.310.957.454.7%
China4.45.25.09.127.4%
Portugal14.517.111.75.6-27.2%
France1.90.93.34.533.3%
India0.60.40.61.844.2%
Italy0.72.30.51.734.4%
Belgium40.711616.7N/A-35.9%
Others1.32.81.30.6-22.7%
Total79.716350.080.60.4%

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

  1. China (8.3 tons)
  2. Singapore (2.9 tons)
  3. India (2.9 tons)
  4. Portugal (0.9 tons)
  5. Italy (0.8 tons)
  6. France (0.5 tons)

Source: IndexBox Market Intelligence Platform

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