Hong Kong SAR, China: Medicaments Containing Hormones Market 2024

Medicaments Containing Hormones Market Size in Hong Kong SAR, China

The Hong Kong medicaments containing hormones market expanded slightly to $X in 2022, increasing by X% against the previous year. Overall, the total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Medicaments Containing Hormones Production in Hong Kong SAR, China

In value terms, medicaments containing hormones production stood at $X in 2022 estimated in export price. Overall, production, however, enjoyed a temperate expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Medicaments Containing Hormones Exports

Exports from Hong Kong SAR, China

In 2022, exports of medicaments containing hormones but not antibiotics from Hong Kong SAR reduced markedly to X tons, waning by X% compared with the previous year. Overall, exports showed a deep reduction. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, medicaments containing hormones exports shrank markedly to $X in 2022. Over the period under review, exports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2020 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Philippines (X kg) was the main destination for medicaments containing hormones exports from Hong Kong SAR, with a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Philippines amounted to X%.

In value terms, the Philippines ($X) also remains the key foreign market for medicaments containing hormones but not antibiotics exports from Hong Kong SAR.

From 2012 to 2022, the average annual growth rate of value to the Philippines stood at X%.

Export Prices by Country

The average medicaments containing hormones export price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the export price, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2021, and then contracted dramatically in the following year.

As there is only one major export destination, the average price level is determined by prices for the Philippines.

From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to X% per year.

Medicaments Containing Hormones Imports

Imports into Hong Kong SAR, China

In 2022, the amount of medicaments containing hormones but not antibiotics imported into Hong Kong SAR skyrocketed to X tons, with an increase of X% against 2021. Over the period under review, imports, however, saw a noticeable contraction. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, medicaments containing hormones imports surged to $X in 2022. Overall, imports enjoyed resilient growth. Over the period under review, imports attained the maximum at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Australia (X kg) constituted the largest medicaments containing hormones supplier to Hong Kong SAR, accounting for a X% share of total imports. Moreover, medicaments containing hormones imports from Australia exceeded the figures recorded by the second-largest supplier, Italy (X kg), threefold. The United States (X kg) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Australia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and the United States (X% per year).

In value terms, the United States ($X) constituted the largest supplier of medicaments containing hormones but not antibiotics to Hong Kong SAR, comprising X% of total imports. The second position in the ranking was held by Australia ($X), with an X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average medicaments containing hormones import price amounted to $X per ton, reducing by X% against the previous year. In general, the import price, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, and then declined significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X,918 per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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