Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Myanmar - 2023
Contents:
- Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Myanmar (CIF) - 2022
- Imports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Myanmar
Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Myanmar (CIF) - 2022
The average import price for vitamins; vitamin e and its derivatives, unmixeds stood at $9,335 per ton in 2022, rising by 4.9% against the previous year. Overall, the import price, however, showed a abrupt contraction. Over the period under review, average import prices hit record highs at $14,978 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($12,334 per ton), while the price for China ($6,943 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+20.5%), while the prices for the other major suppliers experienced a decline.
Imports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Myanmar
For the fourth consecutive year, Myanmar recorded growth in purchases abroad of vitamins; vitamin e and its derivatives, unmixeds, which increased by 15% to 39 tons in 2022. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 45%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of vitamins; vitamin e and its derivatives, unmixeds skyrocketed to $367K in 2022. Over the period under review, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 43%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Vitamins; Vitamin E and Its Derivatives, Unmixed in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.5 | 4.4 | N/A | 244 | 445.9% |
| China | 85.4 | 91.0 | 44.3 | 79.8 | -2.2% |
| Thailand | 21.5 | 33.7 | 59.2 | 30.0 | 11.7% |
| Switzerland | 3.5 | 5.6 | 16.2 | 13.3 | 56.0% |
| Vietnam | 9.4 | 39.2 | 55.3 | N/A | 142.5% |
| India | 29.0 | 24.9 | 39.7 | N/A | 17.0% |
| Singapore | 12.8 | 12.4 | 69.0 | N/A | 132.2% |
| Others | 2.1 | 2.1 | 20.2 | N/A | 210.1% |
| Total | 165 | 213 | 304 | 367 | 30.5% |
Top Suppliers of Vitamins; Vitamin E and Its Derivatives, Unmixed to Myanmar in 2022:
- Germany (24.2 tons)
- China (11.5 tons)
- Thailand (2.5 tons)
- Switzerland (1.1 tons)
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This report provides an in-depth analysis of the vitamin market in Myanmar.
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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 Myanmar.
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This report provides an in-depth analysis of the global vitamin market.
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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.
386
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.
1458
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...
864
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...
254
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.
386
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.
1458
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...
864
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...
