Report Update: Apr 1, 2024

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

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Price for Medicaments Containing Corticosteroid Hormones in Japan - 2023

Price for Medicaments Containing Corticosteroid Hormones in Japan (CIF) - 2023

The average medicaments containing corticosteroid hormones import price stood at $520K per ton in July 2023, approximately reflecting the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average import price increased by 30% month-to-month. Over the period under review, average import prices reached the peak figure at $553K per ton in September 2022; however, from October 2022 to July 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Denmark ($1.6M per ton), while the price for Sweden ($199K per ton) was amongst the lowest.

From September 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average medicaments containing corticosteroid hormones export price amounted to $691,494 per ton, waning by -17.1% against the previous year. Overall, the export price recorded a abrupt setback. The pace of growth was the most pronounced in 2018 an increase of 1.6%. The export price peaked at $2,718,523 per ton in 2012; however, from 2013 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 the United States ($4,023,993 per ton), while the average price for exports to Hong Kong SAR ($45,854 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 South Korea (-2.7%), while the prices for the other major destinations experienced a decline.

Imports of Medicaments Containing Corticosteroid Hormones in Japan

In 2022, overseas purchases of medicaments containing corticosteroid hormones increased by 5.1% to 3.8K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a perceptible shrinkage.

In value terms, medicaments containing corticosteroid hormones imports reached $1.8B in 2022. The total import value increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 11% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Medicaments Containing Corticosteroid Hormones in Japan (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Kingdom	307	371	359	375	6.9%
Germany	131	134	198	184	12.0%
France	241	235	167	137	-17.2%
Spain	126	83.2	101	114	-3.3%
Belgium	178	187	88.1	110	-14.8%
Italy	54.4	70.2	67.7	61.6	4.2%
Sweden	128	113	84.1	44.7	-29.6%
Others	481	643	752	817	19.3%
Total	1,646	1,835	1,817	1,843	3.8%

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

United Kingdom (1130.0 tons)
Spain (758.2 tons)
France (440.9 tons)
Belgium (347.8 tons)
Sweden (235.5 tons)
Germany (234.1 tons)
Italy (195.6 tons)

Exports of Medicaments Containing Corticosteroid Hormones in Japan

For the fourth consecutive year, Japan recorded growth in overseas shipments of medicaments containing corticosteroid hormones, which increased by 8.7% to 446 tons in 2022. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 49% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, medicaments containing corticosteroid hormones exports reduced to $308M in 2022. The total export value increased at an average annual rate of +2.7% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 18%. As a result, the exports attained the peak of $342M, and then dropped in the following year.

Export of Medicaments Containing Corticosteroid Hormones in Japan (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	158	130	165	146	-2.6%
China	28.7	34.0	57.9	44.8	16.0%
Netherlands	26.4	58.1	52.6	40.4	15.2%
Italy	25.1	26.7	30.8	28.1	3.8%
South Korea	8.7	16.3	15.5	14.4	18.3%
Taiwan (Chinese)	13.1	9.3	10.5	13.3	0.5%
Hong Kong SAR	0.4	1.6	3.0	2.9	93.5%
Vietnam	0.9	0.6	0.2	0.9	0.0%
Others	23.8	12.8	6.7	17.1	-10.4%
Total	285	289	342	308	2.6%

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

China (115.3 tons)
South Korea (80.0 tons)
Taiwan (Chinese) (62.8 tons)
Hong Kong SAR (62.3 tons)
Italy (40.3 tons)
United States (36.4 tons)
Netherlands (17.0 tons)
Vietnam (11.5 tons)

Source: IndexBox Market Intelligence Platform

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

Japan

Data coverage:

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