Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Singapore - 2023
Contents:
- Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Singapore (FOB) - 2022
- Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Singapore (CIF) - 2022
- Exports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Singapore
- Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Singapore
Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Singapore (FOB) - 2022
The average export price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s stood at $910,653 per ton in 2022, surging by 19% against the previous year. Overall, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($3,175,401 per ton), while the average price for exports to Thailand ($453,460 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 the Philippines (+4.6%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Singapore (CIF) - 2022
In 2022, the average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s amounted to $593,460 per ton, with a decrease of -7.7% against the previous year. In general, the import price showed a perceptible reduction. The pace of growth was the most pronounced in 2014 an increase of 31% against the previous year. Over the period under review, average import prices attained the maximum at $836,891 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($640,617 per ton) and India ($484,714 per ton), while the price for China ($454,740 per ton) and Malaysia ($464,589 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.4%), while the prices for the other major suppliers experienced a decline.
Exports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Singapore
In 2022, after two years of decline, there was significant growth in shipments abroad of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s, when their volume increased by 32% to 3.7 tons. Over the period under review, exports, however, recorded a deep downturn.
In value terms, exports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s soared to $3.4M in 2022. Overall, exports, however, showed a drastic downturn.
| Export of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 615 | 658 | 562 | 723 | 5.5% |
| United States | 5.3 | 10.3 | 4.3 | 641 | 394.5% |
| South Korea | 757 | 553 | 467 | 505 | -12.6% |
| Malaysia | 493 | 400 | 240 | 479 | -1.0% |
| India | 873 | 176 | 40.6 | 303 | -29.7% |
| Thailand | 249 | 210 | 203 | 211 | -5.4% |
| Philippines | 106 | 89.6 | 11.7 | 118 | 3.6% |
| Bangladesh | 85.8 | 475 | 117 | 91.6 | 2.2% |
| Pakistan | 309 | 21.4 | 175 | 84.7 | -35.0% |
| Indonesia | 189 | 275 | 62.5 | 9.7 | -62.8% |
| Others | 335 | 617 | 277 | 219 | -13.2% |
| Total | 4,016 | 3,486 | 2,159 | 3,387 | -5.5% |
Top Export Markets for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) from Singapore in 2022:
- Australia (805.0 kg)
- Malaysia (638.0 kg)
- South Korea (600.0 kg)
- Thailand (465.0 kg)
- India (412.0 kg)
- United States (202.0 kg)
- Philippines (112.0 kg)
- Pakistan (100.0 kg)
- Bangladesh (95.0 kg)
- Indonesia (19.0 kg)
Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Singapore
In 2022, approx. 4 tons of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s were imported into Singapore; jumping by 23% compared with 2021. In general, imports, however, continue to indicate a mild decrease.
In value terms, imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s expanded markedly to $2.4M in 2022. Over the period under review, imports, however, recorded a deep contraction.
| Import of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,798 | 2,476 | 1,520 | 1,894 | 1.7% |
| China | 1,022 | 411 | 221 | 411 | -26.2% |
| Malaysia | 16.0 | 28.0 | 19.6 | 41.8 | 37.7% |
| India | 1.4 | N/A | 321 | 20.4 | 144.2% |
| Others | 3.4 | 6.3 | 9.5 | 5.6 | 18.1% |
| Total | 2,841 | 2,922 | 2,091 | 2,372 | -5.8% |
Top Suppliers of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) to Singapore in 2022:
- United States (2956.0 kg)
- China (903.0 kg)
- Malaysia (90.0 kg)
- India (42.0 kg)
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