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

Contents:

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

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

The average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s stood at $161,326 per ton in 2022, rising by 15% against the previous year. Overall, the import price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2016 an increase of 46% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($850,517 per ton), while the price for Brazil ($61,018 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.0%), 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 Malaysia (FOB) - 2022

In 2022, the average export price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s amounted to $995,268 per ton, jumping by 55% against the previous year. Over the period under review, the export price posted a significant increase. The growth pace was the most rapid in 2020 when the average export price increased by 559%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Pakistan ($1,463,661 per ton), while the average price for exports to Taiwan (Chinese) ($224,800 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 India (+63.3%), 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 Malaysia

For the third year in a row, Malaysia recorded decline in purchases abroad of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s, which decreased by less than 0.1% to 29 tons in 2022. In general, imports recorded a deep contraction.

In value terms, imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s expanded notably to $4.7M in 2022. Overall, imports recorded a abrupt decline.

Import of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1,4331,8181,6121,426-0.2%
China2,2881,6981,0541,305-17.1%
Mexico53638722071310.0%
United States12630137645153.0%
Spain392320279341-4.5%
Italy318175303276-4.6%
BrazilN/AN/AN/A91.50%
VietnamN/A58.0117N/A101.7%
Others38867694.052.4-48.7%
Total5,4815,4344,0544,656-5.3%

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

  1. India (14.7 tons)
  2. Mexico (5.4 tons)
  3. China (3.8 tons)
  4. United States (1.8 tons)
  5. Brazil (1.5 tons)
  6. Spain (1.1 tons)
  7. Italy (0.3 tons)

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

In 2022, the amount of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s exported from Malaysia reduced dramatically to 437 kg, declining by -31.4% on the previous year's figure. In general, exports recorded a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 24%.

In value terms, exports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s rose significantly to $435K in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.5% 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 +48.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 39% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PakistanN/A9.96.8160302.0%
TunisiaN/AN/AN/A1350%
Bangladesh17553.331664.9-28.2%
ColombiaN/AN/A51.853.12.5%
IndiaN/AN/AN/A8.10%
Taiwan (Chinese)N/AN/AN/A5.60%
Mauritius61.0N/AN/AN/A0%
Singapore59.4182N/AN/A206.4%
Others9.947.733.79.1-2.8%
Total30529340843512.6%

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

  1. Tunisia (146.0 kg)
  2. Pakistan (109.0 kg)
  3. Bangladesh (80.0 kg)
  4. Colombia (59.0 kg)
  5. Taiwan (Chinese) (25.0 kg)
  6. India (16.0 kg)

Source: IndexBox Market Intelligence Platform

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