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

Contents:

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

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

The average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s stood at $223,750 per ton in 2022, surging by 9.2% against the previous year. Overall, the import price, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2019 an increase of 70%. Over the period under review, average import prices reached the maximum at $482,742 per ton in 2012; however, from 2013 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 Denmark ($637,000 per ton), while the price for China ($84,800 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.2%), 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 Norway

In 2022, overseas purchases of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s decreased by -33.3% to 8 kg, falling for the second consecutive year after two years of growth. Overall, imports showed a dramatic curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 18% against the previous year. As a result, imports reached the peak of 33 kg. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s declined notably to $1.8K in 2022. In general, imports saw a dramatic downturn. The pace of growth was the most pronounced in 2020 with an increase of 11% against the previous year. As a result, imports reached the peak of $10K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Norway (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5,3515,165699729-48.5%
Denmark660312215637-1.2%
China62116852.0424-11.9%
Belgium15310956.0N/A-39.5%
United Kingdom667828528N/A-11.0%
Germany9993,019469N/A-31.5%
Sweden20415079.0N/A-37.8%
France250115141N/A-24.9%
PolandN/A128N/AN/A0%
BrazilN/A14377.0N/A-46.2%
Canada35610559.0N/A-59.3%
OthersN/AN/A84.0N/A0%
Total9,26110,2422,4591,790-42.2%

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

  1. China (5.0 kg)
  2. United States (2.0 kg)
  3. Denmark (1.0 kg)

Source: IndexBox Market Intelligence Platform

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