Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Mexico - 2023
Contents:
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Mexico (CIF) - 2022
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Mexico (FOB) - 2022
- Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Mexico
- Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Mexico
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Mexico (CIF) - 2022
The average import price for vitamins; vitamin B1 and its derivatives, unmixeds stood at $32,407 per ton in 2022, with an increase of 12% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2019 when the average import price increased by 13% against the previous year. As a result, import price reached the peak level of $33,144 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($47,503 per ton), while the price for China amounted to $25,242 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.4%).
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Mexico (FOB) - 2022
In 2022, the average export price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $30,833 per ton, rising by 45% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 68% against the previous year. Over the period under review, the average export prices hit record highs at $37,316 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Barbados ($209,950 per ton), while the average price for exports to Guatemala ($10,360 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+15.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Mexico
In 2022, supplies from abroad of vitamins; vitamin B1 and its derivatives, unmixeds was finally on the rise to reach 388 tons after two years of decline. Overall, imports, however, saw a deep reduction.
In value terms, imports of vitamins; vitamin B1 and its derivatives, unmixeds soared to $13M in 2022. In general, imports, however, showed a deep setback.
| Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.3 | 5.6 | 4.9 | 6.6 | 1.6% |
| Germany | 9.0 | 6.0 | 3.8 | 5.9 | -13.1% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 15.3 | 11.6 | 8.7 | 12.6 | -6.3% |
Top Suppliers of Vitamins; Vitamin B1 and Its Derivatives, Unmixed to Mexico in 2022:
- China (262.9 tons)
- Germany (124.7 tons)
Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Mexico
In 2022, overseas shipments of vitamins; vitamin B1 and its derivatives, unmixeds decreased by -25.4% to 8 tons, falling for the second year in a row after two years of growth. Overall, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 18%. As a result, the exports attained the peak of 18 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of vitamins; vitamin B1 and its derivatives, unmixeds expanded markedly to $246K in 2022. Over the period under review, exports recorded a abrupt setback.
| Export of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | 68.3 | 77.0 | 36.7 | 122 | 21.3% |
| Guatemala | 234 | 244 | 113 | 66.3 | -34.3% |
| Barbados | 12.8 | 27.2 | 29.3 | 21.0 | 17.9% |
| Costa Rica | 2.9 | 6.8 | 9.0 | 17.4 | 81.7% |
| Others | 31.2 | 9.2 | 39.4 | 19.3 | -14.8% |
| Total | 349 | 364 | 228 | 246 | -11.0% |
Top Export Markets for Vitamins; Vitamin B1 and Its Derivatives, Unmixed from Mexico in 2022:
- Guatemala (6.4 tons)
- Dominican Republic (1.0 tons)
- Costa Rica (0.2 tons)
- Barbados (0.1 tons)
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This report provides an in-depth analysis of the vitamin market in Mexico.
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This report provides an in-depth analysis of the global vitamin market.
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This report provides an in-depth analysis of the vitamin market in Mexico.
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This report provides an in-depth analysis of the global vitamin market.
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In January 2023, the vitamin price amounted to $10,469 per ton (CIF, Mexico), waning by -13.7% against the previous month.
260
Vitamins play a crucial role in maintaining good health and well-being. They are essential nutrients that our bodies need in small amounts to function properly. With the growing awareness of the importance of vitamins, the global demand for vitamin supplements and fortified foods has been on the rise. As a result, several countries have become major import markets for vitamins, enabling people around the world to access these essential nutrients easily. One platform that provides in-depth insights into the global import market for vitamins is IndexBox Market Intelligence. This platform offers comprehensive data and statistics that allow businesses and individuals to stay informed about the latest trends and developments in the industry. The top import markets for vitamins in 2022 are the United States, Netherlands, Germany, Singapore, and France. These countries not only serve as vital import markets for vitamins but also contribute significantly to the global vitamin industry. The demand for vitamins continues to grow as people become more conscious of their health and seek ways to enhance their well-being. The import markets for vitamins have a significant impact on the global vitamin industry, driving the production and trade of vitamin supplements and fortified foods on a global scale. Platforms like IndexBox Market Intelligence offer invaluable data and insights to businesses and individuals seeking to navigate the complex dynamics of the global import market for vitamins. Staying informed about the latest trends and developments allows industry players to make informed decisions and capitalize on emerging opportunities.
390
Global vitamin trade rose by 16% y/y to $7.7B in 2020, driven by the increased demand for immune-boosting drugs during the COVID-19 pandemic. In physical terms, supplies spiked by 18% y/y to 584K tons.
1462
In 2016, the global vitamin imports stood at X tons, lowering by -X% against the previous year figure. Overall, vitamin imports continue to indicate a relatively flat trend pattern. The growth...
865
In 2016, the global vitamin imports stood at X tons, lowering by -X% against the previous year figure. Overall, vitamin imports continue to indicate a relatively flat trend pattern. The growth...
301
In January 2023, the vitamin price amounted to $10,469 per ton (CIF, Mexico), waning by -13.7% against the previous month.
260
Vitamins play a crucial role in maintaining good health and well-being. They are essential nutrients that our bodies need in small amounts to function properly. With the growing awareness of the importance of vitamins, the global demand for vitamin supplements and fortified foods has been on the rise. As a result, several countries have become major import markets for vitamins, enabling people around the world to access these essential nutrients easily. One platform that provides in-depth insights into the global import market for vitamins is IndexBox Market Intelligence. This platform offers comprehensive data and statistics that allow businesses and individuals to stay informed about the latest trends and developments in the industry. The top import markets for vitamins in 2022 are the United States, Netherlands, Germany, Singapore, and France. These countries not only serve as vital import markets for vitamins but also contribute significantly to the global vitamin industry. The demand for vitamins continues to grow as people become more conscious of their health and seek ways to enhance their well-being. The import markets for vitamins have a significant impact on the global vitamin industry, driving the production and trade of vitamin supplements and fortified foods on a global scale. Platforms like IndexBox Market Intelligence offer invaluable data and insights to businesses and individuals seeking to navigate the complex dynamics of the global import market for vitamins. Staying informed about the latest trends and developments allows industry players to make informed decisions and capitalize on emerging opportunities.
390
Global vitamin trade rose by 16% y/y to $7.7B in 2020, driven by the increased demand for immune-boosting drugs during the COVID-19 pandemic. In physical terms, supplies spiked by 18% y/y to 584K tons.
1462
In 2016, the global vitamin imports stood at X tons, lowering by -X% against the previous year figure. Overall, vitamin imports continue to indicate a relatively flat trend pattern. The growth...
865
In 2016, the global vitamin imports stood at X tons, lowering by -X% against the previous year figure. Overall, vitamin imports continue to indicate a relatively flat trend pattern. The growth...
