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

Contents:

  1. Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in the UK (CIF) - 2022
  2. Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in the UK (FOB) - 2022
  3. Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in the UK
  4. Exports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in the UK

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

In 2022, the average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s amounted to $803,175 per ton, increasing by 2.3% against the previous year. Overall, the import price, however, showed a pronounced reduction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 427% against the previous year. The import price peaked at $1,078,686 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($3,027,917 per ton), while the price for the United States ($582,463 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+26.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in the UK (FOB) - 2022

The average export price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s stood at $36,215 per ton in 2022, dropping by -29.7% against the previous year. In general, the export price recorded a drastic downturn. The growth pace was the most rapid in 2017 an increase of 149%. Over the period under review, the average export prices attained the peak figure at $131,699 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($1,402,023 per ton), while the average price for exports to the Netherlands stood at $26,415 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+1.9%).

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

In 2022, approx. 2.6 tons of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s were imported into the UK; growing by 44% compared with the previous year's figure. In general, imports, however, showed a mild decrease. The most prominent rate of growth was recorded in 2020 with an increase of 593%. As a result, imports attained the peak of 19 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s surged to $2.1M in 2022. Overall, imports, however, showed a abrupt setback.

Import of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3331,3171,3131,60568.9%
France6714618.4290-24.4%
United States41326536.3118-34.1%
Germany1,04946.542.225.1-71.2%
Ireland58.973.21.02.0-67.6%
IndonesiaN/A395N/AN/A0%
Others20622623.956.3-35.1%
Total2,7312,7841,4252,096-8.4%

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

  1. China (2152.0 kg)
  2. United States (203.0 kg)
  3. France (192.0 kg)
  4. Germany (30.0 kg)
  5. Ireland (3.0 kg)

Exports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in the UK

In 2022, approx. 13 tons of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s were exported from the UK; dropping by -7.9% on the previous year. Over the period under review, exports continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of 18%.

In value terms, exports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s fell rapidly to $478K in 2022. Overall, exports continue to indicate a significant decline. The smallest decline of -29.1% was in 2020.

Export of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2592273583429.7%
Ireland94966922861.7-59.8%
Others72347415274.2-53.2%
Total1,9311,370738478-37.2%

Top Export Markets for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) from the UK in 2022:

  1. Netherlands (12.9 tons)

Source: IndexBox Market Intelligence Platform

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