Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in South Korea - 2022
Contents:
- Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in South Korea (CIF) - 2022
- Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in South Korea (FOB) - 2022
- Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in South Korea
- Exports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in South Korea
Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in South Korea (CIF) - 2022
The average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s stood at $947,245 per ton in 2022, rising by 9.7% against the previous year. In general, the import price, however, recorded a pronounced downturn. The growth pace was the most rapid in 2018 an increase of 12%. The import price peaked at $1,315,208 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($3,601,155 per ton), while the price for China ($780,405 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.7%), while the prices for the other major suppliers experienced a decline.
Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in South Korea (FOB) - 2022
In 2022, the average export price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s amounted to $12,892,327 per ton, rising by 7,996% against the previous year. Overall, the export price recorded a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($13,143,020 per ton), while the average price for exports to Thailand stood at $107,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+197.9%), 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 South Korea
In 2022, overseas purchases of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s were finally on the rise to reach 6.8 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a noticeable decline.
In value terms, imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s soared to $6.4M in 2022. In general, imports, however, continue to indicate a deep downturn.
| Import of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.3 | 2.3 | 2.4 | 4.1 | -8.2% |
| United States | 0.8 | 0.7 | 0.6 | 0.8 | 0.0% |
| Japan | 1.3 | 0.3 | 0.4 | 0.8 | -14.9% |
| India | 0.4 | 0.4 | 0.4 | 0.7 | 20.5% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 7.8 | 3.8 | 3.8 | 6.4 | -6.4% |
Top Suppliers of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) to South Korea in 2022:
- China (5.2 tons)
- United States (0.9 tons)
- India (0.4 tons)
- Japan (0.2 tons)
Exports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in South Korea
In 2022, the amount of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s exported from South Korea declined dramatically to 52 kg, with a decrease of -99.1% on the previous year. In general, exports continue to indicate a sharp slump. The pace of growth was the most pronounced in 2021 when exports increased by 85%.
In value terms, exports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s reduced rapidly to $670K in 2022. Over the period under review, exports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 93% against the previous year.
| Export of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,021 | 454 | 877 | 670 | -13.1% |
| Thailand | N/A | N/A | N/A | 0.1 | 0% |
| Others | N/A | 0.5 | 0.1 | N/A | -80.0% |
| Total | 1,021 | 455 | 877 | 670 | -13.1% |
Top Export Markets for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) from South Korea in 2022:
- Japan (51.0 kg)
- Thailand (1.0 kg)
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