Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Algeria - 2022

Contents:

  1. Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Algeria (CIF) - 2022
  2. Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Algeria

Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Algeria (CIF) - 2022

The average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s stood at $633,538 per ton in 2022, falling by -5.7% against the previous year. In general, the import price, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2015 an increase of 54% against the previous year. Over the period under review, average import prices reached the peak figure at $684,979 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($1,805,918 per ton), while the price for China ($380,334 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+13.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Algeria

After three years of growth, purchases abroad of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s decreased by -23.7% to 3.9 tons in 2022. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 79%. As a result, imports reached the peak of 5.1 tons, and then dropped sharply in the following year.

In value terms, imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s contracted dramatically to $2.5M in 2022. In general, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 128%. As a result, imports reached the peak of $3.4M, and then dropped markedly in the following year.

Import of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy8258051,7031,15611.9%
China41256898274321.7%
India16161.643737832.9%
Malaysia51.760.115513236.7%
France3.612.355.561.2157.1%
Spain1.81.41021.1-15.1%
Others0.20.20.40.751.8%
Total1,4551,5093,4352,47219.3%

Top Suppliers of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) to Algeria in 2022:

  1. China (1953.0 kg)
  2. Italy (1272.0 kg)
  3. India (529.0 kg)
  4. Malaysia (73.0 kg)
  5. France (67.0 kg)
  6. Spain (3.0 kg)

Source: IndexBox Market Intelligence Platform

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