Saudi Arabia: Market for Hormones, Prostaglandins, Thromboxanes And Leukotrienes 2024

Market Size for Hormones, Prostaglandins, Thromboxanes And Leukotrienes in Saudi Arabia

The Saudi market for hormones, prostaglandins, thromboxanes and leukotrienes soared to $X in 2022, growing by X% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. Hormones, prostaglandins, thromboxanes and leukotrienes consumption peaked in 2022 and is likely to continue growth in the immediate term.

Production of Hormones, Prostaglandins, Thromboxanes And Leukotrienes in Saudi Arabia

In value terms, hormones, prostaglandins, thromboxanes and leukotrienes production skyrocketed to $X in 2022 estimated in export price. In general, production posted strong growth. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Exports of Hormones, Prostaglandins, Thromboxanes And Leukotrienes

Exports from Saudi Arabia

For the third year in a row, Saudi Arabia recorded decline in shipments abroad of hormones, prostaglandins, thromboxanes and leukotrienes, which decreased by X% to X kg in 2022. In general, exports recorded a drastic downturn. The growth pace was the most rapid in 2019 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, hormones, prostaglandins, thromboxanes and leukotrienes exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

India (X kg) was the main destination for hormones, prostaglandins, thromboxanes and leukotrienes exports from Saudi Arabia, 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, the Netherlands (X kg), fourfold.

From 2012 to 2022, the average annual growth rate of volume to India was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Denmark (X% per year).

From 2012 to 2022, the average annual growth rate of value to India was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Denmark (X% per year).

Export Prices by Country

In 2022, the average export price for hormones, prostaglandins, thromboxanes and leukotrienes amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, export price indicated a buoyant increase from 2012 to 2022: its price 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, hormones, prostaglandins, thromboxanes and leukotrienes export price increased by X% against 2020 indices. 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 hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Denmark ($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 the United Arab Emirates (X%).

Imports of Hormones, Prostaglandins, Thromboxanes And Leukotrienes

Imports into Saudi Arabia

In 2022, approx. X tons of hormones, prostaglandins, thromboxanes and leukotrienes were imported into Saudi Arabia; with an increase of X% compared with the previous year's figure. Overall, imports, however, continue to indicate a precipitous contraction. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, hormones, prostaglandins, thromboxanes and leukotrienes imports soared to $X in 2022. In general, imports continue to indicate moderate growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, the UK (X tons) was the main hormones, prostaglandins, thromboxanes and leukotrienes supplier to Saudi Arabia, accounting for a X% share of total imports. Moreover, hormones, prostaglandins, thromboxanes and leukotrienes imports from the UK exceeded the figures recorded by the second-largest supplier, China (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the UK stood at X%.

In value terms, the UK ($X) constituted the largest supplier of hormones, prostaglandins, thromboxanes and leukotrienes to Saudi Arabia, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.

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

Import Prices by Country

The average import price for hormones, prostaglandins, thromboxanes and leukotrienes stood at $X per kg in 2022, jumping by X% against the previous year. Over the period under review, the import price enjoyed a significant expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per kg), while the price for the UK totaled $X per kg.

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

Source: IndexBox Platform

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