Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Bangladesh - 2022

Contents:

  1. Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Bangladesh (CIF) - 2022
  2. Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Bangladesh (FOB) - 2022
  3. Imports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Bangladesh
  4. Exports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Bangladesh

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

In 2022, the average import price for hormones; halogenated derivatives or adrenal cortical hormoneses amounted to $1,824,450 per ton, waning by -4.9% against the previous year. In general, the import price saw a slight reduction. The growth pace was the most rapid in 2018 an increase of 19% against the previous year. Over the period under review, average import prices reached the maximum at $2,274,103 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 Italy ($3,383,302 per ton), while the price for China ($905,680 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Bangladesh (FOB) - 2022

In 2022, the average export price for hormones; halogenated derivatives or adrenal cortical hormoneses amounted to $68,500 per ton, growing by 1,042% against the previous year. In general, the export price, however, saw a abrupt decline. The export price peaked at $187,000 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($72,000 per ton), while the average price for exports to Costa Rica stood at $65,000 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth year in a row, Bangladesh recorded growth in overseas purchases of hormones; halogenated derivatives or adrenal cortical hormoneses, which increased by 11% to 3.2 tons in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +15.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 23%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of hormones; halogenated derivatives or adrenal cortical hormoneses rose significantly to $5.9M in 2022. The total import value increased at an average annual rate of +7.2% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Import of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Bangladesh (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2.93.03.83.45.4%
China0.81.01.11.523.3%
India0.60.40.30.4-12.6%
Malaysia0.20.10.10.314.5%
Spain0.20.20.30.1-20.6%
Others0.20.10.10.1-20.6%
Total4.84.85.65.97.1%

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

  1. China (1655.0 kg)
  2. Italy (1013.0 kg)
  3. Malaysia (254.0 kg)
  4. India (238.0 kg)
  5. Spain (45.0 kg)

Exports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Bangladesh

In 2022, the amount of hormones; halogenated derivatives or adrenal cortical hormoneses exported from Bangladesh soared to 2 kg, rising by 100% on 2021. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of hormones; halogenated derivatives or adrenal cortical hormoneses surged to $137 in 2022. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Bangladesh (USD)
COUNTRY20212022CAGR,
2021-2022
El SalvadorN/A72.00%
Costa RicaN/A65.00%
Bolivia6.0N/A0%
OthersN/AN/A0%
Total6.01372183.3%

Top Export Markets for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones from Bangladesh in 2022:

  1. El Salvador (1.0 kg)
  2. Costa Rica (1.0 kg)

Source: IndexBox Market Intelligence Platform

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