Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in South Africa - 2024

Contents:

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

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

In 2022, the average import price for hormones; halogenated derivatives or adrenal cortical hormoneses amounted to $578,952 per ton, dropping by -43.3% against the previous year. In general, the import price continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 when the average import price increased by 20%. Over the period under review, average import prices attained the peak figure at $2,291,355 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($2,520,150 per ton), while the price for Germany ($33,667 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for hormones; halogenated derivatives or adrenal cortical hormoneses stood at $56,500 per ton in 2021, waning by -15.8% against the previous year. Over the period under review, the export price, however, saw a significant expansion. The pace of growth appeared the most rapid in 2015 when the average export price increased by 2,770% against the previous year. As a result, the export price reached the peak level of $157,826 per ton. From 2016 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Zimbabwe ($909,000 per ton), while the average price for exports to Namibia stood at $6,353 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (+48.1%).

Imports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in South Africa

In 2022, approx. 856 kg of hormones; halogenated derivatives or adrenal cortical hormoneses were imported into South Africa; increasing by 46% compared with 2021. Overall, imports enjoyed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 80%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of hormones; halogenated derivatives or adrenal cortical hormoneses dropped markedly to $496K in 2022. Over the period under review, imports, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 13%. As a result, imports attained the peak of $698K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. Italy (529.0 kg)
2. France (112.0 kg)
3. United States (74.0 kg)
4. India (47.0 kg)
5. Germany (27.0 kg)
6. Malaysia (20.0 kg)
7. China (19.0 kg)

Exports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in South Africa

After two years of growth, overseas shipments of hormones; halogenated derivatives or adrenal cortical hormoneses decreased by -71.9% to 18 kg in 2021. In general, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 2,033% against the previous year. As a result, the exports reached the peak of 64 kg, and then contracted markedly in the following year.

In value terms, exports of hormones; halogenated derivatives or adrenal cortical hormoneses declined sharply to $1K in 2021. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 6,037%. As a result, the exports attained the peak of $4.3K, and then dropped rapidly in the following year.

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

1. Namibia (17.0 kg)
2. Zimbabwe (1.0 kg)

Source: IndexBox Market Intelligence Platform