CIS: Medicaments Containing Hormones Market 2024

Medicaments Containing Hormones Market Size in CIS

After two years of growth, the CIS medicaments containing hormones market decreased by X% to $X in 2022. In general, consumption posted a buoyant increase. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Medicaments Containing Hormones Production in CIS

In value terms, medicaments containing hormones production stood at $X in 2022 estimated in export price. Overall, production showed a prominent increase. The pace of growth was the most pronounced in 2014 with an increase of X%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Medicaments Containing Hormones Exports

Exports in CIS

In 2022, the amount of medicaments containing hormones but not antibiotics exported in the CIS soared to X tons, growing by X% on the year before. In general, exports posted a significant increase. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, medicaments containing hormones exports soared to $X in 2022. Over the period under review, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Armenia dominates exports structure, amounting to X tons, which was approx. X% of total exports in 2022. It was distantly followed by Belarus (X kg), mixing up an X% share of total exports.

Armenia was also the fastest-growing in terms of the medicaments containing hormones but not antibiotics exports, with a CAGR of X.2% from 2012 to 2022. At the same time, Belarus (X%) displayed positive paces of growth. From 2012 to 2022, the share of Armenia increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Armenia ($X) emerged as the largest medicaments containing hormones supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Belarus ($X), with a X% share of total exports.

In Armenia, medicaments containing hormones exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, reducing by X% against the previous year. In general, the export price, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2016 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while Armenia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%).

Medicaments Containing Hormones Imports

Imports in CIS

In 2022, the amount of medicaments containing hormones but not antibiotics imported in the CIS contracted markedly to X tons, waning by X% compared with the year before. In general, imports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, medicaments containing hormones imports contracted significantly to $X in 2022. Overall, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Tajikistan (X tons) was the largest importer of medicaments containing hormones but not antibiotics, generating X% of total imports. It was distantly followed by Uzbekistan (X tons), Azerbaijan (X tons) and Armenia (X tons), together creating a X% share of total imports. Belarus (X kg) and Kyrgyzstan (X kg) held a little share of total imports.

Imports into Tajikistan decreased at an average annual rate of X% from 2012 to 2022. At the same time, Armenia (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Azerbaijan (X%), Kyrgyzstan (X%) and Uzbekistan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Tajikistan, Azerbaijan, Armenia and Belarus increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Azerbaijan ($X), Uzbekistan ($X) and Tajikistan ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

In terms of the main importing countries, Azerbaijan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the import price, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. The level of import peaked at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belarus ($X per ton), while Armenia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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