Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Japan - 2023

Contents:

1. Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Japan (CIF) - 2022
2. Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Japan (FOB) - 2022
3. Imports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Japan
4. Exports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Japan

Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Japan (CIF) - 2022

In 2022, the average import price for hormones; halogenated derivatives or adrenal cortical hormoneses amounted to $11,022,347 per ton, shrinking by -32% against the previous year. In general, the import price recorded a deep reduction. The growth pace was the most rapid in 2018 an increase of 30%. Over the period under review, average import prices hit record highs at $22,281,323 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 the UK ($51,212,789 per ton), while the price for China ($2,451,486 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Japan (FOB) - 2022

The average export price for hormones; halogenated derivatives or adrenal cortical hormoneses stood at $50,042,182 per ton in 2022, increasing by 1,309% against the previous year. Overall, the export price enjoyed significant growth. Over the period under review, the average export prices reached the maximum at $67,646,800 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($59,987,000 per ton), while the average price for exports to Italy ($4,816,000 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 South Korea (+32.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Japan

In 2022, the amount of hormones; halogenated derivatives or adrenal cortical hormoneses imported into Japan contracted to 2.3 tons, with a decrease of -11.1% on 2021 figures. Overall, imports recorded a noticeable curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 22%. As a result, imports reached the peak of 2.6 tons, and then dropped in the following year.

In value terms, imports of hormones; halogenated derivatives or adrenal cortical hormoneses declined notably to $26M in 2022. Over the period under review, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 7.5% against the previous year.

Top Suppliers of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones to Japan in 2022:

1. Italy (1004.0 kg)
2. France (486.0 kg)
3. Spain (386.0 kg)
4. China (183.0 kg)
5. Mexico (65.0 kg)
6. Taiwan (Chinese) (57.0 kg)
7. United Kingdom (57.0 kg)
8. Singapore (4.0 kg)

Exports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Japan

In 2022, shipments abroad of hormones; halogenated derivatives or adrenal cortical hormoneses decreased by -26.7% to 11 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 420% against the previous year. As a result, the exports reached the peak of 26 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of hormones; halogenated derivatives or adrenal cortical hormoneses soared to $550K in 2022. In general, exports, however, recorded a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones from Japan in 2022:

1. South Korea (9.0 kg)
2. United States (1.0 kg)
3. Italy (1.0 kg)

Source: IndexBox Market Intelligence Platform