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

Contents:

  1. Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Egypt (CIF) - 2022
  2. Imports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Egypt

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

In 2022, the average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s amounted to $831,337 per ton, picking up by 1.6% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 25%. The import price peaked at $1,083,885 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($832,625 per ton) and China ($831,787 per ton), while the price for Malaysia ($829,626 per ton) and Italy ($830,485 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, approx. 1.3 tons of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s were imported into Egypt; dropping by -33.8% compared with the previous year's figure. Overall, imports showed a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by 38% against the previous year. As a result, imports reached the peak of 1.9 tons, and then shrank dramatically in the following year.

In value terms, imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s reduced remarkably to $1.1M in 2022. Over the period under review, imports saw a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 27%. As a result, imports attained the peak of $1.6M, and then fell significantly in the following year.

Import of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States66537.8700318-21.8%
China38449675.2289-9.0%
Spain356N/A310200-17.5%
ItalyN/A419335139-42.4%
Malaysia5.5141N/A82.1146.2%
India12115211540.0-30.9%
Others20.80.448.5N/A52.7%
Total1,5521,2461,5851,067-11.7%

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

  1. United States (382.0 kg)
  2. China (347.0 kg)
  3. Spain (240.0 kg)
  4. Italy (167.0 kg)
  5. Malaysia (99.0 kg)
  6. India (48.0 kg)

Source: IndexBox Market Intelligence Platform

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