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

Contents:

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

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

The average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s stood at $280,716 per ton in 2022, shrinking by -14.3% against the previous year. Over the period under review, the import price showed a abrupt descent. The pace of growth appeared the most rapid in 2017 an increase of 25%. Over the period under review, average import prices hit record highs at $1,038,642 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($668,919 per ton), while the price for the UK ($55,849 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+1.9%), while the prices for the other major suppliers experienced a decline.

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s, when their volume decreased by -9.8% to 1.1 tons. In general, imports, however, showed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 72%. As a result, imports reached the peak of 1.2 tons, and then dropped in the following year.

In value terms, imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s shrank dramatically to $298K in 2022. Overall, total imports indicated a pronounced expansion from 2019 to 2022: its value increased at an average annual rate of +2.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 83%. As a result, imports reached the peak of $386K, and then fell markedly in the following year.

Import of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1971031352203.7%
India46.433.196.024.8-18.8%
United Arab EmiratesN/A44.912220.5-32.4%
ItalyN/AN/AN/A16.40%
United Kingdom24.226.532.116.3-12.3%
Others5.63.41.80.5-55.3%
Total2742113862982.8%

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

  1. China (414.0 kg)
  2. United Kingdom (292.0 kg)
  3. Italy (245.0 kg)
  4. United Arab Emirates (74.0 kg)
  5. India (37.0 kg)

Source: IndexBox Market Intelligence Platform

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