Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Uruguay - 2023

Contents:

  1. Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Uruguay (CIF) - 2022
  2. Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Uruguay

Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Uruguay (CIF) - 2022

In 2022, the average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s amounted to $597,668 per ton, declining by -8.8% against the previous year. In general, the import price recorded a pronounced setback. The pace of growth was the most pronounced in 2018 an increase of 20% against the previous year. Over the period under review, average import prices reached the peak figure at $1,052,464 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($2,553,000 per ton), while the price for Switzerland ($166,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.0%), while the prices for the other major suppliers experienced a decline.

Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Uruguay

Imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s into Uruguay surged to 322 kg in 2022, increasing by 38% compared with the previous year's figure. Overall, total imports indicated moderate growth from 2019 to 2022: its volume increased at an average annual rate of +4.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s soared to $192K in 2022. In general, imports, however, saw a relatively flat trend pattern.

Import of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12977.093.41535.9%
United States38.629.535.731.1-6.9%
MalaysiaN/A5.4N/AN/A0%
Italy22.816.211.0N/A-30.5%
Others6.97.912.67.94.6%
Total198136153192-1.0%

Top Suppliers of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) to Uruguay in 2022:

  1. China (289.0 kg)
  2. United States (27.0 kg)

Source: IndexBox Market Intelligence Platform

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