Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Spain - 2023
Contents:
- Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Spain (CIF) - 2022
- Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Spain (FOB) - 2022
- Imports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Spain
- Exports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Spain
Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Spain (CIF) - 2022
The average import price for hormones; halogenated derivatives or adrenal cortical hormoneses stood at $2,033,946 per ton in 2022, jumping by 71% against the previous year. Overall, the import price continues to indicate a tangible expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Singapore ($5,384,944 per ton), while the price for Italy ($522,683 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Spain (FOB) - 2022
The average export price for hormones; halogenated derivatives or adrenal cortical hormoneses stood at $3,671,837 per ton in 2022, rising by 2.3% against the previous year. In general, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for hormones; halogenated derivatives or adrenal cortical hormoneses increased by +16.5% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by 54%. The export price peaked at $4,201,921 per ton in 2019; however, from 2020 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 Japan ($8,976,986 per ton), while the average price for exports to Argentina ($712,832 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 Japan (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Spain
For the third year in a row, Spain recorded decline in supplies from abroad of hormones; halogenated derivatives or adrenal cortical hormoneses, which decreased by -29.5% to 24 tons in 2022. Over the period under review, imports saw a deep contraction. The smallest decline of -0.4% was in 2020.
In value terms, imports of hormones; halogenated derivatives or adrenal cortical hormoneses soared to $49M in 2022. The total import value increased at an average annual rate of +11.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 8.6 | 9.1 | 8.3 | 16.1 | 23.2% |
| France | 11.3 | 13.8 | 14.1 | 14.7 | 9.2% |
| China | 6.9 | 7.0 | 7.1 | 6.0 | -4.6% |
| Belgium | 0.9 | N/A | 3.1 | 3.0 | 49.4% |
| Italy | 1.2 | 2.3 | 1.1 | 2.0 | 18.6% |
| United States | 0.9 | 1.5 | 0.7 | 1.1 | 6.9% |
| Others | 5.2 | 5.0 | 6.1 | 6.0 | 4.9% |
| Total | 35.0 | 38.7 | 40.5 | 48.9 | 11.8% |
Top Suppliers of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones to Spain in 2022:
- France (9.0 tons)
- Italy (3.8 tons)
- Belgium (3.8 tons)
- China (3.5 tons)
- Singapore (3.0 tons)
- United States (0.6 tons)
Exports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Spain
In 2022, shipments abroad of hormones; halogenated derivatives or adrenal cortical hormoneses decreased by -17.2% to 8.6 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a noticeable downturn. The growth pace was the most rapid in 2020 when exports increased by 5.8% against the previous year.
In value terms, exports of hormones; halogenated derivatives or adrenal cortical hormoneses reduced rapidly to $32M in 2022. Over the period under review, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 16%.
| Export of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 6.3 | 5.1 | 5.5 | 9.1 | 13.0% |
| India | 1.0 | 2.1 | 3.4 | 2.9 | 42.6% |
| Japan | 2.8 | 2.7 | 5.4 | 2.6 | -2.4% |
| Egypt | 1.8 | 2.8 | 2.0 | 2.2 | 6.9% |
| Germany | 2.2 | 2.4 | 2.9 | 1.7 | -8.2% |
| Ireland | 2.0 | 1.9 | 3.1 | 1.6 | -7.2% |
| Belgium | 13.2 | 1.1 | 2.0 | 1.3 | -53.8% |
| Slovenia | 1.6 | 1.0 | 1.3 | 1.1 | -11.7% |
| France | 1.0 | 0.5 | 0.6 | 1.0 | 0.0% |
| Mexico | 1.2 | 0.8 | 0.8 | 0.7 | -16.4% |
| United States | 0.9 | 2.5 | 1.0 | 0.7 | -8.0% |
| Colombia | 0.4 | 0.5 | 0.4 | 0.6 | 14.5% |
| Argentina | 0.2 | 0.5 | 0.1 | 0.1 | -20.6% |
| Others | 6.1 | 8.4 | 9.0 | 6.1 | 0.0% |
| Total | 40.4 | 32.1 | 37.2 | 31.6 | -7.9% |
Top Export Markets for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones from Spain in 2022:
- Italy (2275.0 kg)
- Egypt (840.0 kg)
- India (664.0 kg)
- Colombia (580.0 kg)
- Germany (498.0 kg)
- Ireland (378.0 kg)
- Mexico (357.0 kg)
- Japan (287.0 kg)
- Slovenia (263.0 kg)
- Belgium (250.0 kg)
- France (247.0 kg)
- United States (222.0 kg)
- Argentina (196.0 kg)
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