Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in the United States - 2023

Contents:

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

Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in the United States (CIF) - 2022

The average import price for hormones; halogenated derivatives or adrenal cortical hormoneses stood at $25,411,163 per ton in 2022, reducing by -4.5% against the previous year. Over the period under review, the import price, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 an increase of 87% against the previous year. The import price peaked at $26,617,837 per ton in 2021, and then reduced slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($47,613,340 per ton), while the price for Italy ($1,792,430 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in the United States (FOB) - 2022

The average export price for hormones; halogenated derivatives or adrenal cortical hormoneses stood at $848,068 per ton in 2022, waning by -11.6% against the previous year. In general, the export price saw a deep slump. The pace of growth was the most pronounced in 2018 an increase of 34%. Over the period under review, the average export prices hit record highs at $2,752,600 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($4,071,867 per ton), while the average price for exports to Singapore ($380,593 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 Germany (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in the United States

In 2022, the amount of hormones; halogenated derivatives or adrenal cortical hormoneses imported into the United States surged to 52 tons, with an increase of 33% against the previous year's figure. Overall, imports, however, continue to indicate a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 37% against the previous year.

In value terms, imports of hormones; halogenated derivatives or adrenal cortical hormoneses soared to $1.3B in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +8.9% 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 +107.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 64%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore8965859931,0625.8%
United Kingdom1.1N/A0.1220484.8%
Italy21.716.122.315.3-11.0%
Portugal7.03.53.58.35.8%
France73.85.26.64.9-59.5%
India18.120.38.41.4-57.4%
Others3.33.63.55.014.9%
Total1,0216341,0371,3178.9%

Top Suppliers of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones to the United States in 2022:

  1. Singapore (22.3 tons)
  2. United Kingdom (17.4 tons)
  3. Italy (8.5 tons)
  4. France (1.6 tons)
  5. Portugal (0.8 tons)
  6. India (0.1 tons)

Exports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in the United States

In 2022, approx. 26 tons of hormones; halogenated derivatives or adrenal cortical hormoneses were exported from the United States; picking up by 31% compared with 2021. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 34% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of hormones; halogenated derivatives or adrenal cortical hormoneses soared to $22M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 26% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium6.02.17.112.327.0%
Colombia0.10.1N/A1.8162.1%
Canada0.41.73.41.035.7%
SpainN/A0.10.40.9200.0%
Germany0.41.31.10.826.0%
India0.60.70.30.60.0%
Italy0.61.1N/A0.4-12.6%
MexicoN/A0.30.70.30.0%
Singapore2.83.91.30.2-58.5%
Egypt0.50.90.50.2-26.3%
Others2.62.74.03.27.2%
Total14.014.918.821.815.9%

Top Export Markets for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones from the United States in 2022:

  1. Belgium (20.8 tons)
  2. Singapore (0.7 tons)
  3. India (0.6 tons)
  4. Colombia (0.6 tons)
  5. Spain (0.4 tons)
  6. Canada (0.3 tons)
  7. Egypt (0.3 tons)
  8. Mexico (0.3 tons)
  9. Germany (0.3 tons)
  10. Italy (0.1 tons)

Source: IndexBox Market Intelligence Platform

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