Turkey - Medicaments Containing Corticosteroid Hormones - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Medicaments Containing Corticosteroid Hormones in Turkey - 2023
Contents:
- Price for Medicaments Containing Corticosteroid Hormones in Turkey (CIF) - 2023
- Price for Medicaments Containing Corticosteroid Hormones in Turkey (FOB) - 2022
- Imports of Medicaments Containing Corticosteroid Hormones in Turkey
- Exports of Medicaments Containing Corticosteroid Hormones in Turkey
Price for Medicaments Containing Corticosteroid Hormones in Turkey (CIF) - 2023
In July 2023, the average medicaments containing corticosteroid hormones import price amounted to $114K per ton, with a decrease of -44.4% against the previous month. Overall, the import price saw a noticeable decline. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 23% m-o-m. Over the period under review, average import prices reached the maximum at $225K per ton in March 2023; however, from April 2023 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Japan ($593K per ton), while the price for Denmark ($25,361 per ton) was amongst the lowest.
From September 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Medicaments Containing Corticosteroid Hormones in Turkey (FOB) - 2022
In 2022, the average medicaments containing corticosteroid hormones export price amounted to $20,847 per ton, rising by 24% against the previous year. Overall, the export price, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 61%. The export price peaked at $66,532 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($92,117 per ton), while the average price for exports to Iran ($10,658 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 Iraq (+4.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Medicaments Containing Corticosteroid Hormones in Turkey
In 2022, the amount of medicaments containing corticosteroid hormones imported into Turkey soared to 1.4K tons, growing by 20% compared with 2021 figures. The total import volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, medicaments containing corticosteroid hormones imports reached $231M in 2022. The total import value increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 3.4% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
Import of Medicaments Containing Corticosteroid Hormones in Turkey (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 24.2 | 38.4 | 38.8 | 36.4 | 14.6% |
France | 18.9 | 19.8 | 21.2 | 30.8 | 17.7% |
Switzerland | 8.9 | 11.9 | 18.6 | 29.6 | 49.3% |
Denmark | 30.3 | 32.7 | 27.7 | 25.7 | -5.3% |
United Kingdom | 20.5 | 23.1 | 24.3 | 23.8 | 5.1% |
Italy | 43.4 | 31.6 | 23.9 | 15.7 | -28.7% |
United States | 10.6 | 12.6 | 12.4 | 12.9 | 6.8% |
Spain | 10.1 | 8.0 | 7.7 | 9.5 | -2.0% |
Ireland | 7.9 | 8.5 | 4.5 | 6.1 | -8.3% |
Belgium | 18.4 | 7.2 | 4.4 | 5.5 | -33.1% |
Sweden | 3.2 | 6.5 | 6.5 | 5.2 | 17.6% |
Others | 17.6 | 21.0 | 34.9 | 29.5 | 18.8% |
Total | 214 | 221 | 225 | 231 | 2.6% |
Top Suppliers of Medicaments Containing Corticosteroid Hormones to Turkey in 2022:
- Germany (351.7 tons)
- Denmark (141.0 tons)
- France (126.5 tons)
- Italy (109.9 tons)
- Spain (107.6 tons)
- Switzerland (105.1 tons)
- Sweden (100.4 tons)
- United Kingdom (78.6 tons)
- United States (74.4 tons)
- Belgium (74.2 tons)
- Ireland (45.0 tons)
Exports of Medicaments Containing Corticosteroid Hormones in Turkey
In 2022, shipments abroad of medicaments containing corticosteroid hormones decreased by -6% to 1.1K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 103%. As a result, the exports attained the peak of 1.2K tons, and then fell in the following year.
In value terms, medicaments containing corticosteroid hormones exports surged to $23M in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +25.4% 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 +97.0% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 37% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Medicaments Containing Corticosteroid Hormones in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Syrian Arab Republic | 2.0 | 4.3 | 3.6 | 6.0 | 44.2% |
Iran | 1.0 | 1.2 | 5.9 | 5.0 | 71.0% |
Switzerland | N/A | 0.1 | 2.0 | 2.7 | 419.6% |
Iraq | 0.6 | 1.0 | 0.7 | 1.1 | 22.4% |
Cyprus | 0.4 | 0.2 | 0.4 | 0.8 | 26.0% |
Brazil | 0.1 | 0.1 | 0.2 | 0.7 | 91.3% |
Others | 7.9 | 9.3 | 7.3 | 7.1 | -3.5% |
Total | 11.9 | 16.3 | 20.0 | 23.4 | 25.3% |
Top Export Markets for Medicaments Containing Corticosteroid Hormones from Turkey in 2022:
- Iran (470.2 tons)
- Syrian Arab Republic (413.2 tons)
- Iraq (48.5 tons)
- Switzerland (29.1 tons)
- Cyprus (24.0 tons)
- Brazil (18.8 tons)
This report provides an in-depth analysis of the market for medicaments containing corticosteroid hormones in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 21201270 - Medicaments containing corticosteroid hormones, their derivatives and structural analogues, put up in measured doses or for retail sale
Country coverage:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Discover the top import markets for medicaments containing corticosteroid hormones. Read about the import values and key statistics of the leading countries including the United States, Switzerland, China, and more.
Discover the top import markets for medicaments containing corticosteroid hormones. Read about the import values and key statistics of the leading countries including the United States, Switzerland, China, and more.