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

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

The German market for hormones, prostaglandins, thromboxanes and leukotrienes soared to $X in 2021, growing by 21% against the previous year. Overall, consumption posted a prominent expansion. Hormones, prostaglandins, thromboxanes and leukotrienes consumption peaked in 2021 and is likely to continue growth in the immediate term.

Production of Hormones, Prostaglandins, Thromboxanes And Leukotrienes in Germany

In value terms, hormones, prostaglandins, thromboxanes and leukotrienes production reduced slightly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a perceptible shrinkage. The growth pace was the most rapid in 2013 with an increase of 41% against the previous year. Hormones, prostaglandins, thromboxanes and leukotrienes production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Exports of Hormones, Prostaglandins, Thromboxanes And Leukotrienes

Exports from Germany

Hormones, prostaglandins, thromboxanes and leukotrienes exports from Germany dropped sharply to X tons in 2021, waning by -29.5% on the previous year's figure. In general, exports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2014 when exports increased by 23%. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, hormones, prostaglandins, thromboxanes and leukotrienes exports fell notably to $X in 2021. Over the period under review, total exports indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 47% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Mexico (X tons) was the main destination for hormones, prostaglandins, thromboxanes and leukotrienes exports from Germany, accounting for a 35% share of total exports. Moreover, hormones, prostaglandins, thromboxanes and leukotrienes exports to Mexico exceeded the volume sent to the second major destination, France (X tons), twofold. The third position in this ranking was taken by the United States (X tons), with an 8.8% share.

From 2012 to 2021, the average annual growth rate of volume to Mexico totaled -3.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-21.2% per year) and the United States (+15.6% per year).

In value terms, the United States ($X) remains the key foreign market for hormones, prostaglandins, thromboxanes and leukotrienes exports from Germany, comprising 37% of total exports. The second position in the ranking was held by Italy ($X), with a 5.4% share of total exports. It was followed by Mexico, with a 3.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +34.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+6.7% per year) and Mexico (-2.2% per year).

Export Prices by Country

The average export price for hormones, prostaglandins, thromboxanes and leukotrienes stood at $X per kg in 2021, surging by 14% against the previous year. Over the period under review, the export price showed a resilient increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 57% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the United States ($X per kg), while the average price for exports to France ($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 the United States (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hormones, Prostaglandins, Thromboxanes And Leukotrienes

Imports into Germany

In 2021, approx. X tons of hormones, prostaglandins, thromboxanes and leukotrienes were imported into Germany; with an increase of 16% compared with the previous year. Over the period under review, total imports indicated measured growth from 2012 to 2021: its volume increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +102.4% against 2015 indices. The most prominent rate of growth was recorded in 2018 with an increase of 23% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in the immediate term.

In value terms, hormones, prostaglandins, thromboxanes and leukotrienes imports surged to $X in 2021. Overall, imports, however, saw a pronounced downturn. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Mexico (X tons), China (X tons) and Ireland (X tons) were the main suppliers of hormones, prostaglandins, thromboxanes and leukotrienes imports to Germany, together comprising 65% of total imports.

From 2012 to 2021, the biggest increases were recorded for Ireland (with a CAGR of +100.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Ireland ($X) constituted the largest supplier of hormones, prostaglandins, thromboxanes and leukotrienes to Germany, comprising 32% of total imports. The second position in the ranking was taken by Argentina ($X), with a 12% share of total imports. It was followed by Belgium, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from Ireland amounted to +50.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+10.1% per year) and Belgium (+19.5% per year).

Import Prices by Country

The average import price for hormones, prostaglandins, thromboxanes and leukotrienes stood at $X per kg in 2021, rising by 23% against the previous year. In general, the import price, however, saw a abrupt decline. The growth pace was the most rapid in 2014 when the average import price increased by 24%. As a result, import price reached the peak level of $X per kg. From 2015 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Netherlands ($X per kg), while the price for Mexico ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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