SADC: Market for Medicaments Containing Corticosteroid Hormones 2024

Market Size for Medicaments Containing Corticosteroid Hormones in SADC

The SADC medicaments containing corticosteroid hormones market shrank slightly to $X in 2022, waning by X% against the previous year. Over the period under review, consumption saw buoyant growth. Over the period under review, the market attained the peak level at $X in 2021, and then dropped slightly in the following year.

Production of Medicaments Containing Corticosteroid Hormones in SADC

In value terms, medicaments containing corticosteroid hormones production rose remarkably to $X in 2022 estimated in export price. Overall, production showed a strong expansion. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Medicaments Containing Corticosteroid Hormones

Exports in SADC

In 2022, after two years of growth, there was significant decline in shipments abroad of medicaments containing corticosteroid hormones, when their volume decreased by X% to X tons. Over the period under review, exports showed a pronounced downturn. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, medicaments containing corticosteroid hormones exports shrank to $X in 2022. Overall, exports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The level of export peaked at $X in 2021, and then reduced in the following year.

Exports by Country

South Africa was the major exporter of medicaments containing corticosteroid hormones in SADC, with the volume of exports amounting to X tons, which was near X% of total exports in 2022. It was distantly followed by Swaziland (X tons), generating a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to medicaments containing corticosteroid hormones exports from South Africa stood at X%. At the same time, Swaziland (X%) displayed positive paces of growth. Moreover, Swaziland emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Swaziland increased by X percentage points.

In value terms, South Africa ($X) remains the largest medicaments containing corticosteroid hormones supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Swaziland ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa amounted to X%.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, remaining constant against the previous year. Over the period under review, the export price recorded a prominent increase. The most prominent rate of growth was recorded in 2016 an increase of X%. Over the period under review, the export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

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 South Africa ($X per ton), while Swaziland stood at $X per ton.

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

Imports of Medicaments Containing Corticosteroid Hormones

Imports in SADC

In 2022, supplies from abroad of medicaments containing corticosteroid hormones increased by X% to X tons, rising for the second year in a row after three years of decline. Total imports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, medicaments containing corticosteroid hormones imports dropped to $X in 2022. Total imports indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Mozambique (X tons) and South Africa (X tons) represented the main importers of medicaments containing corticosteroid hormones in 2022, reaching near X% and X% of total imports, respectively. Democratic Republic of the Congo (X tons) ranks next in terms of the total imports with a X% share, followed by Angola (X%) and Tanzania (X%). Madagascar (X tons) took a little share of total imports.

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

In value terms, South Africa ($X) constitutes the largest market for imported medicaments containing corticosteroid hormones in SADC, comprising X% of total imports. The second position in the ranking was taken by Mozambique ($X), with a X% share of total imports. It was followed by Democratic Republic of the Congo, with a X% share.

In South Africa, medicaments containing corticosteroid hormones imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Mozambique (X% per year) and Democratic Republic of the Congo (X% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2020; however, from 2021 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 South Africa ($X per ton), while Angola ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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