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

Contents:

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

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

The average import price for hormones; halogenated derivatives or adrenal cortical hormoneses stood at $21,364 per ton in 2022, waning by -15.2% against the previous year. In general, the import price saw a significant decline. The most prominent rate of growth was recorded in 2021 an increase of 0.4% against the previous year. The import price peaked at $957,071 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 the UK ($86,000 per ton), while the price for China ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-12.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, imports of hormones; halogenated derivatives or adrenal cortical hormoneses into Kuwait expanded remarkably to 11 kg, surging by 10% compared with the previous year. The total import volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of hormones; halogenated derivatives or adrenal cortical hormoneses shrank to $235 in 2022. Overall, imports, however, continue to indicate a abrupt setback.

Import of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Kuwait (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom47.056.062.086.022.3%
Switzerland26.010165.078.044.2%
Germany10.05.095.050.071.0%
India28.019.07.08.0-34.1%
United States22.021.08.05.0-39.0%
Ireland14448.08.02.0-76.0%
Cyprus14.010.03.02.0-47.7%
TurkeyN/AN/AN/A1.00%
France4.04.02.01.0-37.0%
Belgium1.01.01.01.00.0%
China4.03.01.01.0-37.0%
United Arab EmiratesN/A8.0N/AN/A0%
OthersN/AN/AN/AN/A0%
Total300276252235-7.8%

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

  1. Turkey (1.0 kg)
  2. United States (1.0 kg)
  3. India (1.0 kg)
  4. France (1.0 kg)
  5. United Kingdom (1.0 kg)
  6. Switzerland (1.0 kg)
  7. Germany (1.0 kg)
  8. Ireland (1.0 kg)
  9. Belgium (1.0 kg)
  10. China (1.0 kg)
  11. Cyprus (1.0 kg)

Source: IndexBox Market Intelligence Platform

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