Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Azerbaijan - 2023

Contents:

  1. Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Azerbaijan (CIF) - 2022
  2. Imports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Azerbaijan

Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Azerbaijan (CIF) - 2022

The average import price for hormones; halogenated derivatives or adrenal cortical hormoneses stood at $462,583 per ton in 2022, which is down by -46.1% against the previous year. Over the period under review, the import price, however, posted significant growth. The most prominent rate of growth was recorded in 2015 an increase of 6,190%. Over the period under review, average import prices reached the peak figure at $919,500 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($550,000 per ton), while the price for Turkey totaled $25,500 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+16.0%), while the prices for the other major suppliers experienced a decline.

Imports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Azerbaijan

Imports of hormones; halogenated derivatives or adrenal cortical hormoneses into Azerbaijan skyrocketed to 12 kg in 2022, rising by 50% against 2021 figures. Over the period under review, imports showed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 1,100% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of hormones; halogenated derivatives or adrenal cortical hormoneses contracted sharply to $5.6K in 2022. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 27,485%. As a result, imports attained the peak of $11K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/A10.36.15.5-26.9%
TurkeyN/A0.1N/A0.10.0%
PolandN/AN/AN/AN/A0%
UkraineN/AN/A0.8N/A0%
OthersN/A0.6N/AN/A0%
TotalN/A11.06.95.6-28.6%

Top Suppliers of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones to Azerbaijan in 2022:

  1. China (10.0 kg)
  2. Turkey (2.0 kg)

Source: IndexBox Market Intelligence Platform

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