Sri Lanka: Market for Hormones, Prostaglandins, Thromboxanes And Leukotrienes 2024

Market Size for Hormones, Prostaglandins, Thromboxanes And Leukotrienes in Sri Lanka

In 2022, the Sri Lankan market for hormones, prostaglandins, thromboxanes and leukotrienes was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Overall, the total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Exports of Hormones, Prostaglandins, Thromboxanes And Leukotrienes

Exports from Sri Lanka

In 2022, the amount of hormones, prostaglandins, thromboxanes and leukotrienes exported from Sri Lanka fell sharply to X kg, with a decrease of X% on the previous year's figure. In general, exports showed a sharp downturn. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The exports peaked at X kg in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, hormones, prostaglandins, thromboxanes and leukotrienes exports contracted sharply to $X in 2022. Overall, exports continue to indicate a deep setback. The growth pace was the most rapid in 2021 when exports increased by X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Maldives (X kg) was the main destination for hormones, prostaglandins, thromboxanes and leukotrienes exports from Sri Lanka, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Maldives stood at X%.

In value terms, Maldives ($X) emerged as the key foreign market for hormones, prostaglandins, thromboxanes and leukotrienes exports from Sri Lanka.

From 2012 to 2022, the average annual rate of growth in terms of value to Maldives stood at X%.

Export Prices by Country

The average export price for hormones, prostaglandins, thromboxanes and leukotrienes stood at $X per kg in 2022, falling by X% against the previous year. Over the period under review, the export price, however, continues to indicate buoyant growth. The growth pace was the most rapid in 2018 an increase of X%. The export price peaked at $X per kg in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Maldives.

From 2012 to 2022, the rate of growth in terms of prices for Oman amounted to X% per year.

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Imports of Hormones, Prostaglandins, Thromboxanes And Leukotrienes

Imports into Sri Lanka

In 2022, the amount of hormones, prostaglandins, thromboxanes and leukotrienes imported into Sri Lanka dropped slightly to X tons, almost unchanged from 2021. Over the period under review, total imports indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, hormones, prostaglandins, thromboxanes and leukotrienes imports soared to $X in 2022. In general, total imports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India (X kg), China (X kg) and Thailand (X kg) were the main suppliers of hormones, prostaglandins, thromboxanes and leukotrienes imports to Sri Lanka, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest hormones, prostaglandins, thromboxanes and leukotrienes suppliers to Sri Lanka were India ($X), China ($X) and Thailand ($X), with a combined X% share of total imports.

In terms of the main suppliers, India, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for hormones, prostaglandins, thromboxanes and leukotrienes stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a 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 India ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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