Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in India - 2023
Contents:
- Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in India (CIF) - 2023
- Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in India (FOB) - 2022
- Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in India
- Exports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in India
Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in India (CIF) - 2023
The average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s stood at $396K per ton in November 2023, surging by 5.9% against the previous month. Overall, the import price, however, recorded a noticeable decline. The most prominent rate of growth was recorded in February 2023 an increase of 19% against the previous month. Over the period under review, average import prices attained the maximum at $621K per ton in November 2022; however, from December 2022 to November 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Italy ($606K per ton), while the price for China stood at $391K per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Italy (-3.2%).
Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in India (FOB) - 2022
In 2022, the average export price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s amounted to $747,336 per ton, surging by 14% against the previous year. Over the period under review, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s decreased by -1.9% against 2020 indices. The growth pace was the most rapid in 2013 when the average export price increased by 38%. The export price peaked at $973,851 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($1,601,564 per ton), while the average price for exports to Algeria ($374,838 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 China (+9.9%), 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 India
Imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s into India rose notably to 72 tons in 2022, with an increase of 12% against 2021. The total import volume increased at an average annual rate of +7.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s surged to $37M in 2022. In general, imports, however, showed a slight downturn.
| Import of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 28.8 | 31.7 | 28.5 | 35.5 | 7.2% |
| Spain | 5.7 | 2.1 | 0.4 | 0.1 | -74.0% |
| Others | 4.5 | 1.7 | 0.7 | 1.3 | -33.9% |
| Total | 39.0 | 35.4 | 29.6 | 37.0 | -1.7% |
Top Suppliers of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) to India in 2022:
- China (70.2 tons)
- Spain (0.2 tons)
Exports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in India
In 2022, approx. 16 tons of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s were exported from India; with an increase of 41% on the previous year. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +12.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.1% against 2020 indices. As a result, the exports attained 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 soared to $12M in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +24.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +91.0% against 2019 indices. 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 India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 1,138 | 701 | 1,354 | 3,029 | 38.6% |
| Iran | N/A | 2,158 | 895 | 2,194 | 0.8% |
| Russia | 60.9 | 16.2 | 26.2 | 889 | 144.4% |
| Mexico | 821 | 908 | 811 | 817 | -0.2% |
| Indonesia | 7.3 | 206 | 165 | 562 | 325.4% |
| Egypt | 315 | 278 | 378 | 556 | 20.9% |
| Algeria | N/A | 134 | 424 | 501 | 93.4% |
| Pakistan | 204 | 116 | 210 | 290 | 12.4% |
| Argentina | 164 | 318 | 496 | 180 | 3.2% |
| Tunisia | N/A | N/A | N/A | 162 | 0% |
| Kenya | 28.9 | 49.6 | 24.8 | 152 | 73.9% |
| China | 0.8 | 0.2 | N/A | 121 | 432.8% |
| United Arab Emirates | N/A | 285 | 272 | 109 | -38.2% |
| Others | 3,464 | 3,273 | 2,303 | 2,287 | -12.9% |
| Total | 6,205 | 8,443 | 7,359 | 11,851 | 24.1% |
Top Export Markets for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) from India in 2022:
- Brazil (5.3 tons)
- Iran (2.2 tons)
- Algeria (1.3 tons)
- Egypt (0.7 tons)
- Mexico (0.6 tons)
- Russia (0.6 tons)
- Indonesia (0.5 tons)
- Pakistan (0.4 tons)
- Kenya (0.4 tons)
- Argentina (0.4 tons)
- United Arab Emirates (0.3 tons)
- Tunisia (0.2 tons)
- China (0.2 tons)
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