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

Contents:

  1. Price for Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Saudi Arabia (FOB) - 2022
  2. Exports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Saudi Arabia

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

The average export price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s stood at $777,336 per ton in 2022, remaining stable against the previous year. In general, the export price, however, recorded a noticeable slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 19% against the previous year. Over the period under review, the average export prices attained the peak figure at $904,875 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($777,879 per ton), while the average price for exports to Oman amounted to $749,250 per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+1.7%).

Exports of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Saudi Arabia

In 2022, overseas shipments of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s were finally on the rise to reach 211 kg after two years of decline. Over the period under review, exports, however, showed a sharp slump.

In value terms, exports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s soared to $164K in 2022. In general, exports, however, continue to indicate a precipitous curtailment.

Export of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Saudi Arabia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A1610%
OmanN/AN/AN/A3.00%
United Arab Emirates330N/AN/AN/A0%
OthersN/A203125N/A-38.4%
Total330203125164-20.8%

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

  1. India (207.0 kg)
  2. Oman (4.0 kg)

Source: IndexBox Market Intelligence Platform

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