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

Contents:

1. Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Brazil (CIF) - 2024
2. Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Brazil (FOB) - 2022
3. Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Brazil
4. Exports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Brazil

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

The average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s stood at $704K per ton in February 2024, with a decrease of -22.2% against the previous month. Overall, the import price recorded a mild setback. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 32% month-to-month. Over the period under review, average import prices attained the peak figure at $1.1M per ton in July 2023; however, from August 2023 to February 2024, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In February 2024, the country with the highest price was the United States ($704K per ton), while the price for China stood at $704K per ton.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by China (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s amounted to $78,742 per ton, waning by -70.6% against the previous year. Overall, the export price recorded a deep contraction. The most prominent rate of growth was recorded in 2013 an increase of 177% against the previous year. As a result, the export price reached the peak level of $868,182 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($381,667 per ton), while the average price for exports to Malta ($2,500 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 Bahamas (+31.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 21 tons of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s were imported into Brazil; picking up by 29% against 2021. The total import volume increased at an average annual rate of +12.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 30%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s soared to $19M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. China (17.7 tons)
2. Italy (3.2 tons)
3. United States (0.3 tons)

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

In 2022, overseas shipments of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s were finally on the rise to reach 31 kg after two years of decline. Overall, exports, however, showed a sharp downturn.

In value terms, exports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s reached $2.4K in 2022. In general, exports, however, continue to indicate a dramatic shrinkage.

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

1. Singapore (13.0 kg)
2. Malta (4.0 kg)
3. Paraguay (4.0 kg)
4. Bolivia (3.0 kg)
5. Liberia (1.0 kg)
6. Denmark (1.0 kg)
7. Panama (1.0 kg)
8. India (1.0 kg)
9. Bahamas (1.0 kg)
10. Marshall Islands (1.0 kg)
11. Greece (1.0 kg)

Source: IndexBox Market Intelligence Platform