Eastern Asia: Market for Hormones, Prostaglandins, Thromboxanes And Leukotrienes 2024

Market Size for Hormones, Prostaglandins, Thromboxanes And Leukotrienes in Eastern Asia

The East Asian market for hormones, prostaglandins, thromboxanes and leukotrienes rose notably to $X in 2023, growing by X% against the previous year. Over the period under review, consumption, however, posted significant growth. The level of consumption peaked at $X in 2020; however, from 2021 to 2023, consumption remained at a lower figure.

Production of Hormones, Prostaglandins, Thromboxanes And Leukotrienes in Eastern Asia

In value terms, hormones, prostaglandins, thromboxanes and leukotrienes production rose rapidly to $X in 2023 estimated in export price. In general, production posted a buoyant increase. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2023, production failed to regain momentum.

Exports of Hormones, Prostaglandins, Thromboxanes And Leukotrienes

Exports in Eastern Asia

For the third year in a row, Eastern Asia recorded growth in shipments abroad of hormones, prostaglandins, thromboxanes and leukotrienes, which increased by X% to X tons in 2023. Total exports indicated a slight increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

In value terms, hormones, prostaglandins, thromboxanes and leukotrienes exports rose markedly to $X in 2023. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of hormones, prostaglandins, thromboxanes and leukotrienes, namely China, represented more than two-thirds of total export.

China was also the fastest-growing in terms of the hormones, prostaglandins, thromboxanes and leukotrienes exports, with a CAGR of X% from 2012 to 2023. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest hormones, prostaglandins, thromboxanes and leukotrienes supplier in Eastern Asia.

From 2012 to 2023, the average annual growth rate of value in China was relatively modest.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2023, stabilizing at the previous year. Over the period under review, the export price showed a mild slump. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. As a result, the export price reached the peak level of $X,061 per ton. From 2017 to 2023, the export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2023, the rate of growth in terms of prices for China amounted to X% per year.

Imports of Hormones, Prostaglandins, Thromboxanes And Leukotrienes

Imports in Eastern Asia

In 2023, the amount of hormones, prostaglandins, thromboxanes and leukotrienes imported in Eastern Asia rose slightly to X tons, picking up by X% against 2022. In general, imports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2015; however, from 2016 to 2023, imports failed to regain momentum.

In value terms, hormones, prostaglandins, thromboxanes and leukotrienes imports amounted to $X in 2023. Overall, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. The level of import peaked at $X in 2019; however, from 2020 to 2023, imports remained at a lower figure.

Imports by Country

China was the key importer of hormones, prostaglandins, thromboxanes and leukotrienes in Eastern Asia, with the volume of imports reaching X tons, which was approx. X% of total imports in 2023. It was distantly followed by South Korea (X tons), Japan (X tons) and Taiwan (Chinese) (X tons), together mixing up a X% share of total imports. Hong Kong SAR (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the hormones, prostaglandins, thromboxanes and leukotrienes imports, with a CAGR of X% from 2012 to 2023. South Korea and Japan experienced a relatively flat trend pattern. Taiwan (Chinese) (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of China increased by X percentage points.

In value terms, China ($X) constitutes the largest market for imported hormones, prostaglandins, thromboxanes and leukotrienes in Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in China stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (X% per year) and South Korea (X% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per kg in 2023, increasing by X% against the previous year. In general, the import price showed notable growth. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The level of import peaked at $X per kg in 2019; however, from 2020 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per kg), while Taiwan (Chinese) ($X per kg) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform