Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Brazil - 2024

Contents:

1. Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Brazil (CIF) - 2024
2. Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Brazil (FOB) - 2022
3. Imports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Brazil
4. Exports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Brazil

Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Brazil (CIF) - 2024

In February 2024, the average import price for hormones; halogenated derivatives or adrenal cortical hormoneses amounted to $3.8M per ton, jumping by 52% against the previous month. In general, import price indicated modest growth from February 2023 to February 2024: its price increased at an average monthly rate of +1.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2024 figures, import price for hormones; halogenated derivatives or adrenal cortical hormoneses increased by +51.6% against January 2024 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($22.2M per ton), while the price for India ($1.1M per ton) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by the UK (+18.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for hormones; halogenated derivatives or adrenal cortical hormoneses stood at $1,160,915 per ton in 2022, shrinking by -56.6% against the previous year. Over the period under review, the export price, however, showed a significant increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by 931%. As a result, the export price reached the peak level of $5,945 per kg. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($2,009,636 per ton), while the average price for exports to Hong Kong SAR ($7,000 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 Italy (+117.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 6.2 tons of hormones; halogenated derivatives or adrenal cortical hormoneses were imported into Brazil; picking up by 14% compared with the previous year. The total import volume increased at an average annual rate of +4.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 25%. As a result, imports attained the peak of 6.7 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of hormones; halogenated derivatives or adrenal cortical hormoneses expanded rapidly to $19M in 2022. The total import value increased at an average annual rate of +7.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 20%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

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

1. China (2084.0 kg)
2. Italy (1978.0 kg)
3. India (899.0 kg)
4. Malaysia (496.0 kg)
5. United States (186.0 kg)
6. Spain (172.0 kg)
7. France (168.0 kg)

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

In 2022, overseas shipments of hormones; halogenated derivatives or adrenal cortical hormoneses decreased by -13% to 47 kg, falling for the second consecutive year after two years of growth. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 700% against the previous year. As a result, the exports attained the peak of 72 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of hormones; halogenated derivatives or adrenal cortical hormoneses reduced notably to $55K in 2022. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 2,345%.

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

1. India (22.0 kg)
2. Bolivia (4.0 kg)
3. Qatar (2.0 kg)
4. Mexico (2.0 kg)
5. United Arab Emirates (2.0 kg)
6. Italy (1.0 kg)
7. Denmark (1.0 kg)
8. Greece (1.0 kg)
9. Bahamas (1.0 kg)
10. Malaysia (1.0 kg)
11. Colombia (1.0 kg)
12. Cyprus (1.0 kg)
13. Hong Kong SAR (1.0 kg)

Source: IndexBox Market Intelligence Platform