The global export market of cortisone, hydrocortisone, prednisone, and prednisolone is dominated by China, holding a substantial share in value terms, significantly ahead of Italy, the United States, and Spain. India is seeing robust growth, with its export value increasing by 6.73% year-on-year, indicating a strengthening position. Notably, countries like South Africa and Peru have shown remarkable growth despite having smaller market shares, with increases of 14.95% and 11.32% respectively in 2023. Germany and Singapore experienced the largest declines, with significant negative year-on-year growth.
Future trends to watch include:
- The potential increase in export values from emerging markets like India, driven by continued production enhancements and market expansion.
- Monitoring how established markets, particularly China, sustain their market dominance amidst production and price fluctuations.
- Shifts in demand driven by global health trends which may influence the dynamics within smaller markets showing signs of high growth.
Top countries in Export of Cortisone, Hydrocortisone, Prednisone and Prednisolone Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 57.65 | 2023 | +0.087% | -0.58% | View data |
| 2 | 2 Italy | 9.31 | 2023 | -1.12% | +1.52% | View data |
| 3 | 3 United States | 8.66 | 2023 | -4.31% | -4.08% | View data |
| 4 | 4 Spain | 7.2 | 2023 | -0.89% | +3.08% | View data |
| 5 | 5 India | 3.44 | 2023 | -1.16% | +6.73% | View data |
| 6 | 6 Belgium | 2.38 | 2023 | -9.18% | -5.73% | View data |
| 7 | 7 Germany | 0.8 | 2023 | -21.4% | -17.07% | View data |
| 8 | 8 Singapore | 0.64 | 2023 | -25.37% | -20.55% | View data |
| 9 | 9 Hungary | 0.54 | 2023 | +4.53% | +2.96% | View data |
| 10 | 10 United Kingdom | 0.53 | 2023 | +0.44% | +0.26% | View data |
