Belgium: Market for Hormones, Prostaglandins, Thromboxanes And Leukotrienes 2022

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

In 2021, the Belgian market for hormones, prostaglandins, thromboxanes and leukotrienes was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption posted tangible growth. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Exports of Hormones, Prostaglandins, Thromboxanes And Leukotrienes

Exports from Belgium

Hormones, prostaglandins, thromboxanes and leukotrienes exports from Belgium soared to X tons in 2021, increasing by X% against the previous year's figure. In general, exports continue to indicate a noticeable increase. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, hormones, prostaglandins, thromboxanes and leukotrienes exports shrank to $X in 2021. Over the period under review, exports posted prominent growth. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Spain (X tons), Italy (X tons) and France (X tons) were the main destinations of hormones, prostaglandins, thromboxanes and leukotrienes exports from Belgium, together accounting for X% of total exports. These countries were followed by Canada, Ireland, the UK, the United States, Denmark, Croatia and Germany, which together accounted for a further X 2012 to 2021, the biggest increases were in Croatia (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Canada ($X) and Italy ($X) constituted the largest markets for hormones, prostaglandins, thromboxanes and leukotrienes exported from Belgium worldwide, together comprising X% of total exports. Germany, Spain, the UK, Ireland, the United States, Denmark and Croatia lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for hormones, prostaglandins, thromboxanes and leukotrienes amounted to $X per kg, which is down by -X% against the previous year. In general, the export price, however, continues to indicate a temperate increase. The growth pace was the most rapid in 2015 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per kg. From 2016 to 2021, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was France ($X per kg), while the average price for exports to Spain ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hormones, Prostaglandins, Thromboxanes And Leukotrienes

Imports into Belgium

In 2021, hormones, prostaglandins, thromboxanes and leukotrienes imports into Belgium totaled X tons, picking up by X% on the year before. Over the period under review, imports enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, hormones, prostaglandins, thromboxanes and leukotrienes imports expanded to $X in 2021. Overall, imports, however, saw a deep contraction. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Sweden (X tons) and the United States (X tons) were the main suppliers of hormones, prostaglandins, thromboxanes and leukotrienes imports to Belgium, with a combined X% share of total imports. Ireland, India, the Netherlands and France lagged somewhat behind, together comprising a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Ireland ($X), the United States ($X) and Sweden ($X) appeared to be the largest hormones, prostaglandins, thromboxanes and leukotrienes suppliers to Belgium, together accounting for X% of total imports. China, India, the Netherlands and France lagged somewhat behind, together comprising a further X, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for hormones, prostaglandins, thromboxanes and leukotrienes amounted to $X per kg, declining by -X% against the previous year. In general, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per kg in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Ireland ($X per kg), while the price for China ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform