Australia - Medicaments Containing Corticosteroid Hormones - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Australia - Medicaments Containing Corticosteroid Hormones - Market Analysis, Forecast, Size, Trends And Insights

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Price for Medicaments Containing Corticosteroid Hormones in Australia - 2023

Contents:

  1. Price for Medicaments Containing Corticosteroid Hormones in Australia (CIF) - 2022
  2. Price for Medicaments Containing Corticosteroid Hormones in Australia (FOB) - 2022
  3. Imports of Medicaments Containing Corticosteroid Hormones in Australia
  4. Exports of Medicaments Containing Corticosteroid Hormones in Australia

Price for Medicaments Containing Corticosteroid Hormones in Australia (CIF) - 2022

In 2022, the average medicaments containing corticosteroid hormones import price amounted to $401,267 per ton, reducing by -4.5% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, medicaments containing corticosteroid hormones import price increased by +13.5% against 2020 indices. The growth pace was the most rapid in 2018 when the average import price increased by 30% against the previous year. Over the period under review, average import prices attained the peak figure at $420,387 per ton in 2021, and then reduced modestly 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 Germany ($955,784 per ton), while the price for Sweden ($171,992 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Medicaments Containing Corticosteroid Hormones in Australia (FOB) - 2022

The average medicaments containing corticosteroid hormones export price stood at $59,627 per ton in 2022, reducing by -36.8% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 77%. The export price peaked at $125,809 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($469,841 per ton), while the average price for exports to Papua New Guinea ($15,961 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 Turkey (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Medicaments Containing Corticosteroid Hormones in Australia

In 2022, approx. 1.5K tons of medicaments containing corticosteroid hormones were imported into Australia; picking up by 11% against 2021 figures. The total import volume increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period.

In value terms, medicaments containing corticosteroid hormones imports expanded significantly to $596M in 2022. The total import value increased at an average annual rate of +5.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 7.1%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Medicaments Containing Corticosteroid Hormones in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany74.069.068.883.74.2%
United Kingdom73.574.677.880.43.0%
Belgium34.748.654.749.512.6%
United States39.143.343.844.64.5%
France46.658.052.941.6-3.7%
Spain41.141.932.739.0-1.7%
Italy22.320.128.034.816.0%
Sweden20.230.028.726.29.1%
Austria21.316.321.115.0-11.0%
Ireland17.118.114.111.5-12.4%
India4.45.46.810.734.5%
Canada6.08.37.25.6-2.3%
Others10310512515414.3%
Total5035395615965.8%

Top Suppliers of Medicaments Containing Corticosteroid Hormones to Australia in 2022:

  1. United Kingdom (305.8 tons)
  2. France (228.4 tons)
  3. Spain (206.6 tons)
  4. Belgium (175.8 tons)
  5. Sweden (152.1 tons)
  6. Germany (87.6 tons)
  7. United States (58.1 tons)
  8. Italy (54.4 tons)
  9. India (44.8 tons)
  10. Ireland (28.5 tons)
  11. Austria (27.0 tons)
  12. Canada (26.9 tons)

Exports of Medicaments Containing Corticosteroid Hormones in Australia

In 2022, approx. 2K tons of medicaments containing corticosteroid hormones were exported from Australia; rising by 39% on the previous year's figure. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +15.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.9% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, medicaments containing corticosteroid hormones exports fell to $118M in 2022. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 13% against the previous year. As a result, the exports reached the peak of $136M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Medicaments Containing Corticosteroid Hormones in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.86.311.531.5102.4%
France9.025.727.128.346.5%
Turkey53.760.653.014.8-34.9%
United Kingdom9.95.08.612.68.4%
United States10.412.010.58.2-7.6%
New Zealand7.05.14.74.0-17.0%
Papua New Guinea5.23.23.63.9-9.1%
Hong Kong SAR0.90.90.73.760.2%
Fiji1.41.31.82.724.5%
Others19.616.012.47.8-26.4%
Total121136134118-0.8%

Top Export Markets for Medicaments Containing Corticosteroid Hormones from Australia in 2022:

  1. China (649.0 tons)
  2. France (367.6 tons)
  3. Papua New Guinea (244.8 tons)
  4. New Zealand (196.2 tons)
  5. United Kingdom (141.4 tons)
  6. Hong Kong SAR (88.7 tons)
  7. Fiji (68.3 tons)
  8. United States (59.9 tons)
  9. Turkey (31.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for medicaments containing corticosteroid hormones in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 21201270 - Medicaments containing corticosteroid hormones, their derivatives and structural analogues, put up in measured doses or for retail sale

Country coverage:

  • Australia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Australia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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