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

Contents:

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

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

In 2022, the average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s amounted to $1,043,630 per ton, declining by -2.1% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 119% against the previous year. Over the period under review, average import prices hit record highs at $2,811,861 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($1,042,744 per ton), while the price for Germany stood at $32,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+69.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the amount of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s imported into Bulgaria surged to 162 kg, growing by 46% compared with 2021 figures. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 130% against the previous year. As a result, imports reached the peak of 163 kg. 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 surged to $169K in 2022. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 128%. As a result, imports attained the peak of $175K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland76.717311816729.6%
OthersN/A1.80.12.210.6%
Total76.717511816930.1%

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

  1. Switzerland (160.0 kg)

Source: IndexBox Market Intelligence Platform

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