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

Contents:

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

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

The average export price for steroidal hormones, their derivatives and structural analogues; oestrogens and progestogenses stood at $4,716,959 per ton in 2022, growing by 21% against the previous year. In general, the export price, however, saw a drastic downturn. The export price peaked at $9,720,362 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($5,762,674 per ton), while the average price for exports to Romania ($2,867,621 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 Thailand (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for steroidal hormones, their derivatives and structural analogues; oestrogens and progestogenses stood at $621K per ton in October 2023, rising by 1.6% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 904% against the previous month. Over the period under review, average import prices attained the peak figure at $38.4M per ton in July 2023; however, from August 2023 to October 2023, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From February 2023 to October 2023, the rate of growth in terms of prices for China amounted to +0.6% per month.

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

In 2022, shipments abroad of steroidal hormones, their derivatives and structural analogues; oestrogens and progestogenses was finally on the rise to reach 1.7 tons after two years of decline. In general, total exports indicated a tangible increase from 2019 to 2022: its volume increased at an average annual rate of +4.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of steroidal hormones, their derivatives and structural analogues; oestrogens and progestogenses soared to $7.9M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +6.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. United States (801.0 kg)
2. Romania (597.0 kg)
3. Indonesia (115.0 kg)
4. Argentina (65.0 kg)
5. Thailand (53.0 kg)
6. Iran (10.0 kg)

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

Imports of steroidal hormones, their derivatives and structural analogues; oestrogens and progestogenses into Hungary skyrocketed to 8.3 tons in 2022, surging by 110% against the previous year's figure. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 318% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of steroidal hormones, their derivatives and structural analogues; oestrogens and progestogenses surged to $5M in 2022. In general, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 586% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

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

1. China (8.2 tons)
2. Italy (0.1 tons)

Source: IndexBox Market Intelligence Platform