Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Portugal - 2023

Contents:

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

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

The average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s stood at $1,225,937 per ton in 2022, falling by -24.8% against the previous year. Overall, the import price, however, continues to indicate noticeable growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by 70% against the previous year. As a result, import price attained the peak level of $2,377 per kg. From 2018 to 2022, the average import prices remained at a lower figure.

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 Germany ($1,521,022 per ton), while the price for Belgium ($792,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+22.8%), 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 Portugal (FOB) - 2022

The average export price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s stood at $74,000 per ton in 2022, dropping by -91.3% against the previous year. Over the period under review, the export price, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2013 an increase of 120,207% against the previous year. The export price peaked at $1,859,082 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Angola.

From 2012 to 2022, the rate of growth in terms of prices for Cabo Verde amounted to -7.5% per year.

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

In 2022, approx. 904 kg of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s were imported into Portugal; increasing by 245% compared with 2021. Over the period under review, imports saw a significant expansion. As a result, imports attained 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 skyrocketed to $1.1M in 2022. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain12622439476082.0%
United States1581830.321510.8%
Germany0.362.50.470.0515.6%
ChinaN/A14.80.359.6100.7%
Belgium14328.727.60.8-82.2%
Others2.27.44.12.88.4%
Total4295204271,10837.2%

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

  1. Spain (544.0 kg)
  2. United States (249.0 kg)
  3. China (60.0 kg)
  4. Germany (46.0 kg)
  5. Belgium (1.0 kg)

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

Exports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s from Portugal dropped dramatically to 3 kg in 2022, waning by -57.1% compared with the previous year's figure. Overall, exports recorded a dramatic descent.

In value terms, exports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s declined significantly to $222 in 2022. In general, exports recorded a dramatic contraction. The smallest decline of -80.8% was in 2021.

Export of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Portugal (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
AngolaN/A0.20.20.0%
Cabo Verde30.65.8N/A-81.0%
Others0.5N/AN/A0%
Total31.16.00.2-92.0%

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

  1. Angola (3.0 kg)

Source: IndexBox Market Intelligence Platform

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