Denmark: Market for Hormones, Prostaglandins, Thromboxanes And Leukotrienes 2024

Market Size for Hormones, Prostaglandins, Thromboxanes And Leukotrienes in Denmark

For the third year in a row, the Danish market for hormones, prostaglandins, thromboxanes and leukotrienes recorded growth in sales value, which increased by 13% to $X in 2021. In general, consumption posted resilient growth. Over the period under review, the market reached the peak level in 2021 and is likely to see gradual growth in the near future.

Production of Hormones, Prostaglandins, Thromboxanes And Leukotrienes in Denmark

In value terms, hormones, prostaglandins, thromboxanes and leukotrienes production soared to $X in 2021 estimated in export price. In general, production showed a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 145%. Hormones, prostaglandins, thromboxanes and leukotrienes production peaked in 2021 and is expected to retain growth in the immediate term.

Exports of Hormones, Prostaglandins, Thromboxanes And Leukotrienes

Exports from Denmark

Hormones, prostaglandins, thromboxanes and leukotrienes exports from Denmark reduced slightly to X tons in 2021, approximately equating 2020. In general, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 536%. As a result, the exports attained the peak of X tons, leveling off in the following year.

In value terms, hormones, prostaglandins, thromboxanes and leukotrienes exports skyrocketed to $X in 2021. Overall, exports, however, posted resilient growth. The pace of growth appeared the most rapid in 2018 with an increase of 35% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in years to come.

Exports by Country

The UK (X tons), Iran (X tons) and Italy (X kg) were the main destinations of hormones, prostaglandins, thromboxanes and leukotrienes exports from Denmark, with a combined 1.7% share of total exports.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +99.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Iran ($X) remains the key foreign market for hormones, prostaglandins, thromboxanes and leukotrienes exports from Denmark, comprising 0.1% of total exports. The second position in the ranking was held by the UK ($X), with less than 0.1% share of total exports. It was followed by Russia, with less than 0.1% share.

From 2012 to 2021, the average annual growth rate of value to Iran amounted to +41.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+81.2% per year) and Russia (+62.3% per year).

Export Prices by Country

The average export price for hormones, prostaglandins, thromboxanes and leukotrienes stood at $X per kg in 2021, picking up by 28% against the previous year. Overall, the export price, however, continues to indicate a deep setback. The pace of growth appeared the most rapid in 2013 an increase of 73%. The export price peaked at $X per kg in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Russia ($X per kg), while the average price for exports to Hungary ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+31.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hormones, Prostaglandins, Thromboxanes And Leukotrienes

Imports into Denmark

After two years of growth, supplies from abroad of hormones, prostaglandins, thromboxanes and leukotrienes decreased by -30.9% to X tons in 2021. Overall, imports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2020 with an increase of 123% against the previous year. As a result, imports reached the peak of X tons, and then plummeted in the following year.

In value terms, hormones, prostaglandins, thromboxanes and leukotrienes imports reduced remarkably to $X in 2021. Over the period under review, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 354%. Over the period under review, imports reached the peak figure at $X in 2020, and then fell rapidly in the following year.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of hormones, prostaglandins, thromboxanes and leukotrienes to Denmark, with a 54% share of total imports. Moreover, hormones, prostaglandins, thromboxanes and leukotrienes imports from Germany exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. Portugal (X tons) ranked third in terms of total imports with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +16.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+40.4% per year) and Portugal (+175.4% per year).

In value terms, the largest hormones, prostaglandins, thromboxanes and leukotrienes suppliers to Denmark were the United States ($X), Germany ($X) and Portugal ($X), with a combined 93% share of total imports.

Portugal, with a CAGR of +365.6%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for hormones, prostaglandins, thromboxanes and leukotrienes stood at $X per kg in 2021, picking up by 15% against the previous year. Over the period under review, the import price posted a buoyant expansion. The growth pace was the most rapid in 2013 an increase of 143% against the previous year. Over the period under review, average import prices reached the peak figure at $X per kg in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per kg), while the price for the UK ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+68.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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