Price for Steroidal Hormones, Their Derivatives and Structural Analogues; Oestrogens and Progestogens in Spain - 2023

Contents:

1. Price for Steroidal Hormones, Their Derivatives and Structural Analogues; Oestrogens and Progestogens in Spain (CIF) - 2023
2. Price for Steroidal Hormones, Their Derivatives and Structural Analogues; Oestrogens and Progestogens in Spain (FOB) - 2022
3. Imports of Steroidal Hormones, Their Derivatives and Structural Analogues; Oestrogens and Progestogens in Spain
4. Exports of Steroidal Hormones, Their Derivatives and Structural Analogues; Oestrogens and Progestogens in Spain

Price for Steroidal Hormones, Their Derivatives and Structural Analogues; Oestrogens and Progestogens in Spain (CIF) - 2023

In December 2023, the average import price for steroidal hormones, their derivatives and structural analogues; oestrogens and progestogenses amounted to $1.2M per ton, increasing by 127% against the previous month. Over the period under review, the import price, however, recorded a abrupt descent. The most prominent rate of growth was recorded in February 2023 an increase of 4,367% against the previous month. As a result, import price attained the peak level of $12,724 per kg; afterwards, it flattened through to December 2023.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Italy ($34.9M per ton), while the price for China ($269K per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the United States (+29.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steroidal Hormones, Their Derivatives and Structural Analogues; Oestrogens and Progestogens in Spain (FOB) - 2022

In 2022, the average export price for steroidal hormones, their derivatives and structural analogues; oestrogens and progestogenses amounted to $457,421 per ton, which is down by -30.6% against the previous year. Overall, the export price saw a noticeable decline. The growth pace was the most rapid in 2018 when the average export price increased by 73% against the previous year. Over the period under review, the average export prices reached the maximum at $1,553,206 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($3,164,651 per ton), while the average price for exports to China ($59,584 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 Turkey (+37.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Steroidal Hormones, Their Derivatives and Structural Analogues; Oestrogens and Progestogens in Spain

In 2022, supplies from abroad of steroidal hormones, their derivatives and structural analogues; oestrogens and progestogenses was finally on the rise to reach 84 tons after two years of decline. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +10.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of steroidal hormones, their derivatives and structural analogues; oestrogens and progestogenses surged to $48M in 2022. The total import value increased at an average annual rate of +9.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Steroidal Hormones, Their Derivatives and Structural Analogues; Oestrogens and Progestogens to Spain in 2022:

1. China (40.9 tons)
2. United States (33.4 tons)
3. Italy (7.4 tons)
4. France (0.3 tons)

Exports of Steroidal Hormones, Their Derivatives and Structural Analogues; Oestrogens and Progestogens in Spain

In 2022, overseas shipments of steroidal hormones, their derivatives and structural analogues; oestrogens and progestogenses decreased by -1% to 22 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 120%. As a result, the exports reached the peak of 22 tons, leveling off in the following year.

In value terms, exports of steroidal hormones, their derivatives and structural analogues; oestrogens and progestogenses declined dramatically to $10M in 2022. Overall, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 116% against the previous year. As a result, the exports attained the peak of $15M, and then shrank significantly in the following year.

Top Export Markets for Steroidal Hormones, Their Derivatives and Structural Analogues; Oestrogens and Progestogens from Spain in 2022:

1. Portugal (11.3 tons)
2. United States (7.0 tons)
3. Turkey (1.0 tons)
4. France (0.8 tons)
5. Netherlands (0.6 tons)
6. China (0.5 tons)
7. Italy (0.3 tons)

Source: IndexBox Market Intelligence Platform