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

Contents:

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

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

In 2022, the average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s amounted to $675,947 per ton, rising by 7.4% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 39% against the previous year. Over the period under review, average import prices attained the peak figure at $1,060,586 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($2,134,217 per ton), while the price for the United Arab Emirates ($366,604 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s into Iran dropped remarkably to 11 tons in 2022, which is down by -31.9% compared with the previous year. Overall, imports, however, saw a pronounced increase. The growth pace was the most rapid in 2021 with an increase of 181% against the previous year. As a result, imports attained the peak of 16 tons, and then fell markedly in the following year.

In value terms, imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s fell sharply to $7.4M in 2022. In general, imports, however, enjoyed moderate growth. The pace of growth appeared the most rapid in 2021 when imports increased by 116%. As a result, imports attained the peak of $10M, and then fell remarkably in the following year.

Import of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1,3001,3851,7961,74310.3%
United Arab Emirates3005331,6621,42468.1%
Hong Kong SAR6573751,3091,12219.5%
China2,7361,5953,0571,087-26.5%
Luxembourg6994199207894.1%
Spain54988.36055520.2%
Switzerland74.674.243036870.2%
Others343190262264-8.4%
Total6,6594,65910,0417,3503.3%

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

  1. United Arab Emirates (3.9 tons)
  2. India (1.8 tons)
  3. China (1.6 tons)
  4. Hong Kong SAR (1.3 tons)
  5. Spain (1.1 tons)
  6. Luxembourg (0.8 tons)
  7. Switzerland (0.2 tons)

Source: IndexBox Market Intelligence Platform

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