Central Asia: Market for Medicaments Containing Corticosteroid Hormones 2024

Market Size for Medicaments Containing Corticosteroid Hormones in Central Asia

For the fourth year in a row, the Central Asian medicaments containing corticosteroid hormones market recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption posted a strong increase. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Production of Medicaments Containing Corticosteroid Hormones in Central Asia

In value terms, medicaments containing corticosteroid hormones production dropped to $X in 2022 estimated in export price. In general, production recorded a abrupt descent. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

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Exports of Medicaments Containing Corticosteroid Hormones

Exports in Central Asia

In 2022, shipments abroad of medicaments containing corticosteroid hormones decreased by X% to X tons, falling for the second consecutive year after four years of growth. Over the period under review, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2020 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, medicaments containing corticosteroid hormones exports soared to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Uzbekistan was the main exporting country with an export of around X tons, which reached X% of total exports. It was distantly followed by Kazakhstan (X tons), committing a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Uzbekistan (with a CAGR of X%).

In value terms, Kazakhstan ($X) remains the largest medicaments containing corticosteroid hormones supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Kazakhstan stood at X%.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, increasing by X% against the previous year. Overall, the export price, however, continues to indicate a drastic downturn. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Uzbekistan totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%).

Imports of Medicaments Containing Corticosteroid Hormones

Imports in Central Asia

In 2022, the amount of medicaments containing corticosteroid hormones imported in Central Asia skyrocketed to X tons, rising by X% compared with the previous year. Over the period under review, imports saw buoyant growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, medicaments containing corticosteroid hormones imports shrank modestly to $X in 2022. Overall, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. The level of import peaked at $X in 2021, and then contracted slightly in the following year.

Imports by Country

Uzbekistan (X tons) and Kazakhstan (X tons) dominates imports structure, together mixing up X% of total imports. It was distantly followed by Kyrgyzstan (X tons), committing a X% share of total imports. Mongolia (X tons) and Turkmenistan (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X) constitutes the largest market for imported medicaments containing corticosteroid hormones in Central Asia, comprising X% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total imports. It was followed by Kyrgyzstan, with a X% share.

In Kazakhstan, medicaments containing corticosteroid hormones imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Uzbekistan (X% per year) and Kyrgyzstan (X% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, declining by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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