Bangladesh: Market for Hormones, Prostaglandins, Thromboxanes And Leukotrienes 2024

Market Size for Hormones, Prostaglandins, Thromboxanes And Leukotrienes in Bangladesh

In 2022, after five years of growth, there was significant decline in the Bangladeshi market for hormones, prostaglandins, thromboxanes and leukotrienes, when its value decreased by X% to $X. Overall, consumption, however, continues to indicate prominent growth. Hormones, prostaglandins, thromboxanes and leukotrienes consumption peaked at $X in 2021, and then declined in the following year.

Exports of Hormones, Prostaglandins, Thromboxanes And Leukotrienes

Exports from Bangladesh

Hormones, prostaglandins, thromboxanes and leukotrienes exports from Bangladesh surged to X kg in 2022, growing by X% against the year before. In general, exports continue to indicate prominent growth. Over the period under review, the exports hit record highs at X kg in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, hormones, prostaglandins, thromboxanes and leukotrienes exports expanded sharply to $X in 2022. Over the period under review, exports enjoyed resilient growth. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

India (X kg) was the main destination for hormones, prostaglandins, thromboxanes and leukotrienes exports from Bangladesh, accounting for a X% share of total exports. Moreover, hormones, prostaglandins, thromboxanes and leukotrienes exports to India exceeded the volume sent to the second major destination, Costa Rica (X kg), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to India stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Costa Rica (X% per year) and El Salvador (X% per year).

In value terms, India ($X) remains the key foreign market for hormones, prostaglandins, thromboxanes and leukotrienes exports from Bangladesh, comprising X% of total exports. The second position in the ranking was taken by El Salvador ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to India amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: El Salvador (X% per year) and Costa Rica (X% per year).

Export Prices by Country

The average export price for hormones, prostaglandins, thromboxanes and leukotrienes stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the export price, however, showed modest growth. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Costa Rica ($X 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 (X.7%), while the prices for the other major destinations experienced a decline.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Imports of Hormones, Prostaglandins, Thromboxanes And Leukotrienes

Imports into Bangladesh

In 2022, after five years of growth, there was decline in purchases abroad of hormones, prostaglandins, thromboxanes and leukotrienes, when their volume decreased by X% to X tons. In general, imports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then shrank in the following year.

In value terms, hormones, prostaglandins, thromboxanes and leukotrienes imports shrank to $X in 2022. Overall, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of hormones, prostaglandins, thromboxanes and leukotrienes to Bangladesh, accounting for a X% share of total imports. Moreover, hormones, prostaglandins, thromboxanes and leukotrienes imports from China exceeded the figures recorded by the second-largest supplier, Denmark (X tons), threefold. Italy (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (X% per year) and Italy (X% per year).

In value terms, China ($X), Denmark ($X) and Italy ($X) were the largest hormones, prostaglandins, thromboxanes and leukotrienes suppliers to Bangladesh, together accounting for X% of total imports. India, Malaysia, Singapore and the United States lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, the United States, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for hormones, prostaglandins, thromboxanes and leukotrienes stood at $X per kg in 2022, with a decrease of X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by X% against the previous year. The import price peaked at $X per kg in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 India ($X per kg), while the price for the United States ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :