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

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

For the third year in a row, the Israeli market for hormones, prostaglandins, thromboxanes and leukotrienes recorded growth in sales value, which increased by X% to $X in 2021. Overall, consumption posted buoyant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Hormones, Prostaglandins, Thromboxanes And Leukotrienes in Israel

In value terms, hormones, prostaglandins, thromboxanes and leukotrienes production dropped to $X in 2021 estimated in export price. Over the period under review, the total production indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2019 indices. The pace of growth appeared the most rapid in 2015 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Exports of Hormones, Prostaglandins, Thromboxanes And Leukotrienes

Exports from Israel

In 2021, the amount of hormones, prostaglandins, thromboxanes and leukotrienes exported from Israel soared to X tons, with an increase of X% against 2020. Over the period under review, exports recorded a buoyant increase. The growth pace was the most rapid in 2015 with an increase of X%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, hormones, prostaglandins, thromboxanes and leukotrienes exports surged to $X in 2021. In general, exports, however, showed a perceptible shrinkage. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for hormones, prostaglandins, thromboxanes and leukotrienes exports from Israel, with a X% share of total exports. Moreover, hormones, prostaglandins, thromboxanes and leukotrienes exports to Germany exceeded the volume sent to the second major destination, Hungary (X tons), fourfold. Japan (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+X% per year) and Japan (+X% per year).

In value terms, Germany ($X), Japan ($X) and Brazil ($X) constituted the largest markets for hormones, prostaglandins, thromboxanes and leukotrienes exported from Israel worldwide, together accounting for X% of total exports.

Japan, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, among 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

The average export price for hormones, prostaglandins, thromboxanes and leukotrienes stood at $X per ton in 2021, dropping by -X% against the previous year. In general, the export price saw a abrupt setback. The pace of growth was the most pronounced in 2017 an increase of X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Japan ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-X%), while the prices for the other major destinations experienced a decline.

Imports of Hormones, Prostaglandins, Thromboxanes And Leukotrienes

Imports into Israel

In 2021, after three years of growth, there was significant decline in overseas purchases of hormones, prostaglandins, thromboxanes and leukotrienes, when their volume decreased by -X% to X tons. In general, imports saw a deep reduction. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2020, and then contracted rapidly in the following year.

In value terms, hormones, prostaglandins, thromboxanes and leukotrienes imports declined dramatically to $X in 2021. Over the period under review, imports recorded a pronounced decline. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

The United States (X kg), China (X kg) and Mexico (X kg) were the main suppliers of hormones, prostaglandins, thromboxanes and leukotrienes imports to Israel, together comprising X% of total imports. These countries were followed by India, the Netherlands, Italy and the UK, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest hormones, prostaglandins, thromboxanes and leukotrienes suppliers to Israel were Italy ($X), China ($X) and the United States ($X), together accounting for X% of total imports. India, Mexico, the UK and the Netherlands lagged somewhat behind, together comprising a further X the main suppliers, the UK, with a CAGR of +X%, saw the highest growth rate of 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

In 2021, the average import price for hormones, prostaglandins, thromboxanes and leukotrienes amounted to $X per kg, growing by X% against the previous year. Over the period under review, the import price saw a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per kg), while the price for the Netherlands ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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