In 2023, France led hormone imports with $2.06 billion, followed by Italy, Germany, and Belgium. The United States and Switzerland also registered significant import values, each over $800 million. Canada, China, Australia, and Ireland followed. Compared to 2023, imports have shown a growth trend over the past two years, with key players like the United States and Switzerland showing stable growth. The five-year CAGR indicates a robust increase in demand, driven by advances in medical applications.
Future trends to watch include:
- Advancements in medical research potentially increasing hormone demand.
- Emerging markets may experience an uptick in import activities.
- Potential regulatory changes could impact import values considerably.
Top countries in Top Importers of Hormones
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 France | 2,060 | 2016 | |
| 2 | 2 Italy | 1,280 | 2016 | |
| 3 | 3 Germany | 1,110 | 2016 | |
| 4 | 4 Belgium | 1,020 | 2016 | |
| 5 | 5 United States | 842.43 | 2016 | |
| 6 | 6 Switzerland | 817.48 | 2016 | |
| 7 | 7 Canada | 641.87 | 2016 | |
| 8 | 8 China | 518.78 | 2016 | |
| 9 | 9 Australia | 413.89 | 2016 | |
| 10 | 10 Ireland | 373.89 | 2016 |
