Price for Steroidal Hormones, Their Derivatives and Structural Analogues; Oestrogens and Progestogens in Nigeria - 2022

Contents:

1. Price for Steroidal Hormones, Their Derivatives and Structural Analogues; Oestrogens and Progestogens in Nigeria (CIF) - 2022
2. Imports of Steroidal Hormones, Their Derivatives and Structural Analogues; Oestrogens and Progestogens in Nigeria

Price for Steroidal Hormones, Their Derivatives and Structural Analogues; Oestrogens and Progestogens in Nigeria (CIF) - 2022

The average import price for steroidal hormones, their derivatives and structural analogues; oestrogens and progestogenses stood at $1,688,380 per ton in 2022, picking up by 4.7% against the previous year. Overall, the import price, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 7% against the previous year. Over the period under review, average import prices attained the peak figure at $3,436,600 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hungary ($1,690,114 per ton), while the price for India amounted to $1,586,667 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+29.5%).

Imports of Steroidal Hormones, Their Derivatives and Structural Analogues; Oestrogens and Progestogens in Nigeria

In 2022, after three years of growth, there was significant decline in overseas purchases of steroidal hormones, their derivatives and structural analogues; oestrogens and progestogenses, when their volume decreased by -19.4% to 179 kg. Overall, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 63% against the previous year. As a result, imports reached the peak of 222 kg, and then shrank notably in the following year.

In value terms, imports of steroidal hormones, their derivatives and structural analogues; oestrogens and progestogenses shrank remarkably to $302K in 2022. Over the period under review, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 45% against the previous year. As a result, imports attained the peak of $358K, and then shrank significantly in the following year.

Top Suppliers of Steroidal Hormones, Their Derivatives and Structural Analogues; Oestrogens and Progestogens to Nigeria in 2022:

1. Hungary (176.0 kg)
2. India (3.0 kg)

Source: IndexBox Market Intelligence Platform