Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Argentina - 2023

Contents:

  1. Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Argentina (CIF) - 2022
  2. Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Argentina (FOB) - 2022
  3. Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Argentina
  4. Exports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Argentina

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

In 2022, the average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s amounted to $726,563 per ton, rising by 3.4% against the previous year. In general, the import price, however, showed a noticeable curtailment. The pace of growth was the most pronounced in 2021 when the average import price increased by 15% against the previous year. The import price peaked at $1,173,571 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Spain ($8,393,000 per ton), while the price for France ($104,333 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+68.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s stood at $3,000 per ton in 2022, dropping by -47.1% against the previous year. In general, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in 2019 an increase of 7,717%. As a result, the export price attained the peak level of $125,070 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($7,000 per ton), while the average price for exports to Uruguay ($1,000 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 Dominican Republic (-16.6%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s imported into Argentina skyrocketed to 1.8 tons, with an increase of 20% against the previous year's figure. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 114% against the previous year. As a result, imports attained the peak of 2.1 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s soared to $1.3M in 2022. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 110%. As a result, imports reached the peak of $1.3M; afterwards, it flattened through to 2022.

Import of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China31054460771832.3%
Italy50.744515624769.5%
United States16119814924314.7%
India5.814.240.877.5137.3%
France7.64.24.05.3-11.3%
Netherlands35.049.856.7N/A27.3%
Others51.550.729.29.4-43.3%
Total6211,3061,0431,29927.9%

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

  1. China (998.0 kg)
  2. Italy (420.0 kg)
  3. United States (280.0 kg)
  4. France (51.0 kg)
  5. India (35.0 kg)

Exports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Argentina

After two years of decline, shipments abroad of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s decreased by 0% to 3 kg in 2022. Over the period under review, exports showed a sharp slump. The smallest decline of 99.9% was in 2020.

In value terms, exports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s reduced notably to $9 in 2022. In general, exports recorded a significant decrease.

Export of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Dominican Republic5.4N/AN/AN/A0%
ChileN/AN/AN/AN/A0%
India13.9N/AN/AN/A0%
Uruguay0.2N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total19.6N/AN/AN/A0%

Top Export Markets for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) from Argentina in 2022:

  1. Dominican Republic (1.0 kg)
  2. Chile (1.0 kg)
  3. Uruguay (1.0 kg)

Source: IndexBox Market Intelligence Platform

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