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

Contents:

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

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

In 2022, the average import price for hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s amounted to $1,292,353 per ton, falling by -17.9% against the previous year. Over the period under review, the import price saw a drastic downturn. The growth pace was the most rapid in 2017 an increase of 9.1% against the previous year. The import price peaked at $2,388,574 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($2,634,331 per ton), while the price for China ($673,054 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+6.6%), while the prices for the other major suppliers experienced a decline.

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

In 2022, approx. 3 tons of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s were imported into Morocco; with an increase of 11% against 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 12% against the previous year. As a result, imports reached the peak of 3.3 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of hormones; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)s dropped to $3.8M in 2022. Overall, imports, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. As a result, imports attained the peak of $4.9M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Hormones; Cortisone, Hydrocortisone, Prednisone (Dehydrocortisone) and Prednisolone (Dehydrohydrocortisone) in Morocco (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1.81.82.21.3-10.3%
France1.41.50.91.1-7.7%
Malaysia0.31.00.70.732.6%
China0.40.40.20.614.5%
Others0.10.20.20.10.0%
Total4.14.94.23.8-2.5%

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

  1. Italy (1062.0 kg)
  2. China (958.0 kg)
  3. Malaysia (500.0 kg)
  4. France (417.0 kg)

Source: IndexBox Market Intelligence Platform

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