Israel: Market for Medicaments Containing Corticosteroid Hormones 2025

Market Size for Medicaments Containing Corticosteroid Hormones in Israel

The Israeli medicaments containing corticosteroid hormones market was finally on the rise to reach $X in 2021, after three years of decline. Over the period under review, the total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Medicaments Containing Corticosteroid Hormones in Israel

In value terms, medicaments containing corticosteroid hormones production surged to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2014 with an increase of 63% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Exports of Medicaments Containing Corticosteroid Hormones

Exports from Israel

In 2021, medicaments containing corticosteroid hormones exports from Israel dropped sharply to X tons, waning by -67.9% compared with 2020. In general, exports continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2014 with an increase of 354% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, medicaments containing corticosteroid hormones exports contracted notably to $X in 2021. Overall, exports faced a sharp decline. The most prominent rate of growth was recorded in 2014 when exports increased by 352%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Belgium (X tons), Thailand (X tons) and Turkey (X kg) were the main destinations of medicaments containing corticosteroid hormones exports from Israel, with a combined 58% share of total exports. These countries were followed by Serbia, Chile, the United States, South Africa, the UK, Australia and the Netherlands, which together accounted for a further 28%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Serbia (with a CAGR of +101.0%), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Thailand ($X) and Turkey ($X) were the largest markets for medicaments containing corticosteroid hormones exported from Israel worldwide, with a combined 59% share of total exports. Serbia, Chile, South Africa, the United States, the UK, Australia and the Netherlands lagged somewhat behind, together accounting for a further 27%.

Among the main countries of destination, Serbia, with a CAGR of +85.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average medicaments containing corticosteroid hormones export price stood at $X per ton in 2021, surging by 2.2% against the previous year. In general, the export price, however, recorded a sharp reduction. The pace of growth appeared the most rapid in 2017 when the average export price increased by 35%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2021, the countries with the highest prices were Belgium ($X per ton) and Thailand ($X per ton), while the average price for exports to the United States ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (-2.9%), while the prices for the other major destinations experienced a decline.

Imports of Medicaments Containing Corticosteroid Hormones

Imports into Israel

In 2021, supplies from abroad of medicaments containing corticosteroid hormones increased by 82% to X tons, rising for the third consecutive year after three years of decline. In general, imports continue to indicate a significant increase. The growth pace was the most rapid in 2014 when imports increased by 216% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, medicaments containing corticosteroid hormones imports skyrocketed to $X in 2021. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2014 when imports increased by 479%. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

Denmark (X tons), France (X tons) and Italy (X tons) were the main suppliers of medicaments containing corticosteroid hormones imports to Israel, with a combined 68% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (with a CAGR of +165.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X) constituted the largest supplier of medicaments containing corticosteroid hormones to Israel, comprising 47% of total imports. The second position in the ranking was held by France ($X), with a 6.1% share of total imports. It was followed by the UK, with a 6.1% share.

From 2012 to 2021, the average annual growth rate of value from Denmark amounted to +178.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+60.1% per year) and the UK (+29.1% per year).

Import Prices by Country

The average medicaments containing corticosteroid hormones import price stood at $X per ton in 2021, dropping by -21.7% against the previous year. Over the period under review, the import price, however, showed a prominent increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 83% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Denmark ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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