Price for Steroidal Hormones, Their Derivatives and Structural Analogues; Oestrogens and Progestogens in Belgium - 2023

Contents:

1. Price for Steroidal Hormones, Their Derivatives and Structural Analogues; Oestrogens and Progestogens in Belgium (CIF) - 2023
2. Price for Steroidal Hormones, Their Derivatives and Structural Analogues; Oestrogens and Progestogens in Belgium (FOB) - 2022
3. Imports of Steroidal Hormones, Their Derivatives and Structural Analogues; Oestrogens and Progestogens in Belgium
4. Exports of Steroidal Hormones, Their Derivatives and Structural Analogues; Oestrogens and Progestogens in Belgium

Price for Steroidal Hormones, Their Derivatives and Structural Analogues; Oestrogens and Progestogens in Belgium (CIF) - 2023

The average import price for steroidal hormones, their derivatives and structural analogues; oestrogens and progestogenses stood at $951K per ton in December 2023, which is down by -17.9% against the previous month. In general, the import price continues to indicate a slight setback. The most prominent rate of growth was recorded in August 2023 an increase of 39% m-o-m. As a result, import price attained the peak level of $1,357 per kg. From September 2023 to December 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was India ($1.2M per ton), while the price for the United States amounted to $389K per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (+0.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Steroidal Hormones, Their Derivatives and Structural Analogues; Oestrogens and Progestogens in Belgium (FOB) - 2022

In 2022, the average export price for steroidal hormones, their derivatives and structural analogues; oestrogens and progestogenses amounted to $612,864 per ton, declining by -32.2% against the previous year. Over the period under review, the export price saw a abrupt descent. The pace of growth appeared the most rapid in 2013 an increase of 449% against the previous year. As a result, the export price reached the peak level of $9,573 per kg. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($10,021,295 per ton), while the average price for exports to Spain ($254,590 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 France (-1.7%), while the prices for the other major destinations experienced a decline.

Imports of Steroidal Hormones, Their Derivatives and Structural Analogues; Oestrogens and Progestogens in Belgium

In 2022, imports of steroidal hormones, their derivatives and structural analogues; oestrogens and progestogenses into Belgium surged to 131 tons, with an increase of 42% against 2021. In general, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 226% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of steroidal hormones, their derivatives and structural analogues; oestrogens and progestogenses soared to $141M in 2022. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 204% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Steroidal Hormones, Their Derivatives and Structural Analogues; Oestrogens and Progestogens to Belgium in 2022:

1. China (72.3 tons)
2. India (28.4 tons)
3. United States (28.1 tons)

Exports of Steroidal Hormones, Their Derivatives and Structural Analogues; Oestrogens and Progestogens in Belgium

For the fourth year in a row, Belgium recorded growth in shipments abroad of steroidal hormones, their derivatives and structural analogues; oestrogens and progestogenses, which increased by 34% to 95 tons in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 634%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of steroidal hormones, their derivatives and structural analogues; oestrogens and progestogenses reduced to $58M in 2022. Overall, exports showed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 204%.

Top Export Markets for Steroidal Hormones, Their Derivatives and Structural Analogues; Oestrogens and Progestogens from Belgium in 2022:

1. Spain (71.3 tons)
2. France (16.9 tons)
3. Sweden (4.4 tons)
4. Germany (1.9 tons)

Source: IndexBox Market Intelligence Platform