Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Australia - 2024

Contents:

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

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

In 2022, the average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s amounted to $853,778 per ton, surging by 62% against the previous year. In general, the import price enjoyed a temperate increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 71% against the previous year. As a result, import price attained the peak level of $949,470 per ton. From 2021 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($898,713 per ton), while the price for China amounted to $813,089 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.2%), 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 Australia (FOB) - 2022

The average export price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s stood at $437,742 per ton in 2022, picking up by 8.1% against the previous year. In general, the export price, however, showed a slight descent. The growth pace was the most rapid in 2020 an increase of 73%. The export price peaked at $2,361,000 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Singapore ($525,000 per ton) and New Zealand ($504,643 per ton), while the average price for exports to Malaysia ($370,800 per ton) and Thailand ($418,000 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+18.3%), while the prices for the other major destinations experienced a decline.

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

Imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s into Australia skyrocketed to 4.3 tons in 2022, growing by 51% against 2021 figures. Over the period under review, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 91%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s skyrocketed to $3.7M in 2022. In general, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. China (2.8 tons)
2. United States (1.4 tons)
3. Belgium (0.1 tons)

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

After two years of decline, shipments abroad of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s increased by 3,000% to 31 kg in 2022. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s skyrocketed to $14K in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Malaysia (15.0 kg)
2. New Zealand (14.0 kg)
3. Thailand (1.0 kg)
4. Singapore (1.0 kg)

Source: IndexBox Market Intelligence Platform