Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Ecuador - 2022
Contents:
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Ecuador (CIF) - 2022
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Ecuador (FOB) - 2022
- Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Ecuador
- Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Ecuador
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Ecuador (CIF) - 2022
In 2022, the average import price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $28,755 per ton, reducing by -5.6% against the previous year. In general, the import price recorded a mild setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by 84% against the previous year. Over the period under review, average import prices attained the peak figure at $61,376 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($66,462 per ton), while the price for China ($27,878 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Ecuador (FOB) - 2022
The average export price for vitamins; vitamin B1 and its derivatives, unmixeds stood at $39,897 per ton in 2022, growing by 27% against the previous year. Over the period under review, the export price enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by 376%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Peru.
From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to +3.5% per year.
Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Ecuador
In 2022, imports of vitamins; vitamin b1 and its derivatives, unmixeds into Ecuador soared to 41 tons, increasing by 24% against 2021. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +15.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 25% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of vitamins; vitamin B1 and its derivatives, unmixeds soared to $1.2M in 2022. The total import value increased at an average annual rate of +6.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 600 | 504 | 583 | 998 | 18.5% |
| Germany | 40.7 | 80.9 | 13.2 | 107 | 38.0% |
| Brazil | 0.3 | 0.2 | N/A | 27.6 | 351.4% |
| Colombia | 4.6 | 12.7 | 62.8 | 5.2 | 4.2% |
| Netherlands | 6.1 | 130 | 70.9 | N/A | 240.9% |
| Others | 329 | 302 | 272 | 32.7 | -53.7% |
| Total | 981 | 1,030 | 1,002 | 1,170 | 6.0% |
Top Suppliers of Vitamins; Vitamin B1 and Its Derivatives, Unmixed to Ecuador in 2022:
- China (35.8 tons)
- Germany (3.7 tons)
- Brazil (0.9 tons)
- Colombia (0.1 tons)
Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Ecuador
In 2022, shipments abroad of vitamins; vitamin B1 and its derivatives, unmixeds decreased by -82.7% to 136 kg, falling for the second year in a row after two years of growth. Over the period under review, exports faced a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 991% against the previous year. As a result, the exports reached the peak of 2.2 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of vitamins; vitamin B1 and its derivatives, unmixeds contracted sharply to $5.4K in 2022. Overall, exports, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 249% against the previous year.
| Export of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | N/A | N/A | N/A | 5.4 | 0% |
| Panama | 4.1 | N/A | N/A | N/A | 0% |
| El Salvador | N/A | 14.4 | N/A | N/A | 0% |
| Colombia | N/A | N/A | 24.6 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.1 | 14.4 | 24.6 | 5.4 | 9.6% |
Top Export Markets for Vitamins; Vitamin B1 and Its Derivatives, Unmixed from Ecuador in 2022:
- Peru (136.0 kg)
357
This report provides an in-depth analysis of the vitamin market in Ecuador.
2741
This report provides an in-depth analysis of the global vitamin market.
357
This report provides an in-depth analysis of the vitamin market in Ecuador.
2741
This report provides an in-depth analysis of the global vitamin market.
235
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.
369
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.
1437
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...
854
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...
235
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.
369
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.
1437
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...
854
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...
