Report Update: May 1, 2024

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

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Price for Medicaments Containing Corticosteroid Hormones in Brazil - 2023

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

In 2022, the average medicaments containing corticosteroid hormones import price amounted to $242,438 per ton, growing by 12% against the previous year. In general, the import price, however, continues to indicate a abrupt setback. Over the period under review, average import prices attained the peak figure at $428,670 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($792,067 per ton), while the price for Mexico ($50,648 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Medicaments Containing Corticosteroid Hormones in Brazil (FOB) - 2023

In August 2023, the average medicaments containing corticosteroid hormones export price amounted to $66,205 per ton, rising by 4.9% against the previous month. Overall, export price indicated a remarkable increase from October 2022 to August 2023: its price increased at an average monthly rate of +6.5% over the last ten months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, medicaments containing corticosteroid hormones export price increased by +44.9% against May 2023 indices. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 59% m-o-m. As a result, the export price attained the peak level of $83,205 per ton. From January 2023 to August 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Thailand ($88,298 per ton), while the average price for exports to Chile ($23,643 per ton) was amongst the lowest.

From October 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Medicaments Containing Corticosteroid Hormones in Brazil

Medicaments containing corticosteroid hormones imports into Brazil surged to 3.9K tons in 2022, with an increase of 17% compared with the previous year's figure. The total import volume increased at an average annual rate of +12.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 18% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, medicaments containing corticosteroid hormones imports skyrocketed to $954M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.3% 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 +64.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Medicaments Containing Corticosteroid Hormones in Brazil (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Denmark	103	77.1	193	346	49.8%
United States	109	102	130	130	6.0%
Germany	98.3	79.1	88.7	77.9	-7.5%
France	44.1	48.7	56.4	51.9	5.6%
Argentina	31.6	31.8	35.7	50.2	16.7%
Italy	41.9	35.1	24.1	36.2	-4.8%
Belgium	21.5	14.6	18.8	31.2	13.2%
Spain	16.8	18.2	17.4	29.2	20.2%
India	11.2	13.5	10.1	18.1	17.4%
China	0.7	1.5	7.4	16.7	187.9%
Mexico	12.4	12.6	10.7	14.1	4.4%
Sweden	4.6	3.7	4.2	5.9	8.7%
Others	197	141	129	147	-9.3%
Total	692	580	726	954	11.3%

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

Argentina (651.5 tons)
Germany (468.0 tons)
Denmark (436.6 tons)
United States (392.5 tons)
France (327.5 tons)
Italy (322.6 tons)
Mexico (279.3 tons)
Belgium (262.8 tons)
Spain (194.0 tons)
India (164.0 tons)
China (149.5 tons)
Sweden (103.9 tons)

Exports of Medicaments Containing Corticosteroid Hormones in Brazil

In 2022, shipments abroad of medicaments containing corticosteroid hormones was finally on the rise to reach 3.9K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a perceptible reduction.

In value terms, medicaments containing corticosteroid hormones exports surged to $182M in 2022. Over the period under review, exports, however, saw a pronounced curtailment.

Export of Medicaments Containing Corticosteroid Hormones in Brazil (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Denmark	109	70.5	26.2	41.4	-27.6%
Turkey	N/A	0.1	29.0	32.8	1711.1%
Mexico	15.7	11.8	8.3	14.0	-3.7%
Italy	3.0	1.2	3.3	9.5	46.8%
Australia	8.4	5.4	5.6	8.3	-0.4%
Colombia	8.6	7.5	5.5	7.1	-6.2%
Indonesia	4.2	3.9	4.4	6.7	16.8%
Thailand	9.6	8.2	2.5	6.5	-12.2%
India	6.5	5.5	5.1	6.2	-1.6%
Chile	3.0	3.3	3.3	5.0	18.6%
Egypt	N/A	N/A	0.7	4.2	500.0%
South Africa	3.1	2.4	2.5	4.1	9.8%
Malaysia	1.0	0.9	1.5	1.5	14.5%
Others	29.0	26.5	27.6	34.8	6.3%
Total	201	147	126	182	-3.3%

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

Turkey (1055.6 tons)
Denmark (776.3 tons)
Australia (261.0 tons)
Italy (254.7 tons)
Indonesia (223.8 tons)
India (178.7 tons)
Mexico (145.5 tons)
Egypt (130.2 tons)
Colombia (94.9 tons)
South Africa (82.7 tons)
Thailand (76.5 tons)
Chile (69.6 tons)
Malaysia (60.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for medicaments containing corticosteroid hormones in Brazil. 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:

Brazil

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Brazil
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
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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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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