Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Turkey - 2024

Contents:

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

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

In 2022, the average import price for hormones; halogenated derivatives or adrenal cortical hormoneses amounted to $5,757,354 per ton, reducing by -16% against the previous year. Overall, the import price showed a deep reduction. The most prominent rate of growth was recorded in 2013 when the average import price increased by 20% against the previous year. As a result, import price reached the peak level of $11,591 per kg. From 2014 to 2022, the average import prices remained at a 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 ($12,075,916 per ton), while the price for France ($1,073,196 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+11.7%), while the prices for the other major suppliers experienced a decline.

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

The average export price for hormones; halogenated derivatives or adrenal cortical hormoneses stood at $1,651,604 per ton in 2022, jumping by 67% against the previous year. In general, the export price, however, saw a precipitous descent. The pace of growth was the most pronounced in 2016 an increase of 1,516% against the previous year. The export price peaked at $19,267,800 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($38,846,667 per ton), while the average price for exports to Germany ($114,000 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 the United States (+19.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of hormones; halogenated derivatives or adrenal cortical hormoneses into Turkey surged to 3.6 tons, jumping by 43% against the previous year. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.9% 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 +85.4% against 2019 indices. 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 surged to $21M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +18.3% 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 +65.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 22% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

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

1. Italy (947.0 kg)
2. China (655.0 kg)
3. India (642.0 kg)
4. Malaysia (473.0 kg)
5. France (317.0 kg)
6. Spain (202.0 kg)
7. United Kingdom (100.0 kg)

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

After three years of growth, shipments abroad of hormones; halogenated derivatives or adrenal cortical hormoneses decreased by -54.1% to 111 kg in 2022. In general, exports, however, showed significant growth. The growth pace was the most rapid in 2021 when exports increased by 290% against the previous year. As a result, the exports reached the peak of 242 kg, and then fell rapidly in the following year.

In value terms, exports of hormones; halogenated derivatives or adrenal cortical hormoneses contracted notably to $183K in 2022. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 147%. As a result, the exports attained the peak of $239K, and then fell markedly in the following year.

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

1. Belarus (38.0 kg)
2. Malaysia (22.0 kg)
3. United Kingdom (13.0 kg)
4. Algeria (11.0 kg)
5. Russia (5.0 kg)
6. Latvia (3.0 kg)
7. United States (2.0 kg)

Source: IndexBox Market Intelligence Platform