Indonesia: Medicaments Containing Hormones Market 2024

Medicaments Containing Hormones Market Size in Indonesia

The Indonesian medicaments containing hormones market reached $X in 2022, rising by X% against the previous year. Over the period under review, consumption saw a buoyant increase. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Medicaments Containing Hormones Production in Indonesia

In value terms, medicaments containing hormones production totaled $X in 2022 estimated in export price. In general, production posted a strong expansion. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Medicaments Containing Hormones Exports

Exports from Indonesia

After four years of growth, overseas shipments of medicaments containing hormones but not antibiotics decreased by X% to X tons in 2022. Overall, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2021, and then fell in the following year.

In value terms, medicaments containing hormones exports declined to $X in 2022. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021, and then shrank slightly in the following year.

Exports by Country

Nigeria (X tons) was the main destination for medicaments containing hormones exports from Indonesia, with a X% share of total exports. It was followed by Vietnam (X tons), with a X% share of total exports.

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

In value terms, Nigeria ($X) remains the key foreign market for medicaments containing hormones but not antibiotics exports from Indonesia, comprising X% of total exports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the average medicaments containing hormones export price amounted to $X per ton, leveling off at the previous year. Overall, the export price saw a abrupt downturn. The growth pace was the most rapid in 2015 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Nigeria amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (X%), while the prices for the other major destinations experienced mixed trend patterns.

Medicaments Containing Hormones Imports

Imports into Indonesia

In 2022, the amount of medicaments containing hormones but not antibiotics imported into Indonesia shrank notably to X tons, reducing by X% against the year before. Over the period under review, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, medicaments containing hormones imports declined to $X in 2022. In general, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Singapore (X tons) constituted the largest supplier of medicaments containing hormones to Indonesia, accounting for a X% share of total imports. Moreover, medicaments containing hormones imports from Singapore exceeded the figures recorded by the second-largest supplier, South Korea (X tons), fourfold. The third position in this ranking was held by India (X kg), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Singapore stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and India (X% per year).

In value terms, South Korea ($X), India ($X) and Singapore ($X) constituted the largest medicaments containing hormones suppliers to Indonesia, together accounting for X% of total imports. Germany and Italy lagged somewhat behind, together accounting for a further X%.

Italy, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average medicaments containing hormones import price amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price posted a tangible increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices failed to regain momentum.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :