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

Contents:

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

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

The average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s stood at $549,086 per ton in 2022, surging by 3.2% against the previous year. Overall, the import price, however, continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2013 an increase of 7.5% against the previous year. As a result, import price attained the peak level of $915,647 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Israel ($1,515,865 per ton), while the price for China ($490,492 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+6.0%), 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 Canada (FOB) - 2024

The average export price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s stood at $346K per ton in January 2024, standing approximately at the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2023 an increase of 43% against the previous month. Over the period under review, the average export prices reached the maximum at $496K per ton in May 2023; however, from June 2023 to January 2024, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Austria.

From January 2023 to January 2024, the rate of growth in terms of prices for Austria amounted to +0.0% per month.

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

In 2022, approx. 7.8 tons of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s were imported into Canada; dropping by -33.8% against the previous year's figure. Over the period under review, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 8%. As a result, imports attained the peak of 12 tons, and then shrank significantly in the following year.

In value terms, imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s reduced dramatically to $4.3M in 2022. In general, imports showed a abrupt curtailment. The smallest decline of -8.7% was in 2020.

Import of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.84.03.83.2-12.6%
United States1.51.31.10.7-22.4%
France0.50.80.50.2-26.3%
Israel0.60.70.30.1-45.0%
Netherlands0.20.20.2N/A0.0%
Others0.20.20.40.1-20.6%
Total7.87.16.34.3-18.0%

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

  1. China (6.4 tons)
  2. United States (1.0 tons)
  3. France (0.2 tons)

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

For the fourth consecutive year, Canada recorded growth in overseas shipments of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s, which increased by 44% to 1.4 tons in 2022. Over the period under review, exports saw 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 surged to $640K in 2022. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustriaN/AN/AN/A2910%
United States10411614122829.9%
France31.240.138.946.013.8%
China6.314.139.916.738.4%
Brazil42.758.038.414.6-30.1%
Germany9.35.918.38.2-4.1%
South Korea1.60.63.04.844.2%
India17.08.71.83.5-41.0%
Hong Kong SAR1.68.38.30.8-20.6%
Jamaica8.2N/A6.2N/A-13.0%
Others15.416.849.326.119.2%
Total23826834564039.1%

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

  1. Austria (790.0 kg)
  2. United States (223.0 kg)
  3. France (131.0 kg)
  4. China (67.0 kg)
  5. Brazil (42.0 kg)
  6. Germany (27.0 kg)
  7. South Korea (23.0 kg)
  8. India (10.0 kg)
  9. Hong Kong SAR (4.0 kg)

Source: IndexBox Market Intelligence Platform

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