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

Contents:

1. Price for Steroidal Hormones, Their Derivatives and Structural Analogues; Oestrogens and Progestogens in the Philippines (CIF) - 2022
2. Imports of Steroidal Hormones, Their Derivatives and Structural Analogues; Oestrogens and Progestogens in the Philippines

Price for Steroidal Hormones, Their Derivatives and Structural Analogues; Oestrogens and Progestogens in the Philippines (CIF) - 2022

In 2022, the average import price for steroidal hormones, their derivatives and structural analogues; oestrogens and progestogenses amounted to $845,259 per ton, falling by -23.9% against the previous year. Over the period under review, the import price saw a noticeable setback. The most prominent rate of growth was recorded in 2015 an increase of 1,114% against the previous year. As a result, import price reached the peak level of $3,328 per kg. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,565,222 per ton), while the price for Singapore ($146,800 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+56.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, approx. 58 kg of steroidal hormones, their derivatives and structural analogues; oestrogens and progestogenses were imported into the Philippines; with an increase of 9.4% compared with the previous year. In general, imports showed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 150% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of steroidal hormones, their derivatives and structural analogues; oestrogens and progestogenses reduced rapidly to $49K in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 81% against the previous year.

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

1. China (27.0 kg)
2. Australia (21.0 kg)
3. Germany (5.0 kg)
4. Singapore (5.0 kg)

Source: IndexBox Market Intelligence Platform