Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Guatemala - 2023
Contents:
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Guatemala (CIF) - 2022
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Guatemala (FOB) - 2022
- Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Guatemala
- Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Guatemala
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Guatemala (CIF) - 2022
In 2022, the average import price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $16,922 per ton, rising by 11% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 39% against the previous year. As a result, import price reached the peak level of $24,782 per ton. From 2019 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 France ($304,000 per ton), while the price for Colombia ($1,913 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+40.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Guatemala (FOB) - 2022
In 2022, the average export price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $17,273 per ton, growing by 27% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 46%. Over the period under review, the average export prices reached the peak figure at $18,493 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($26,301 per ton), while the average price for exports to El Salvador ($12,312 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 Honduras (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Guatemala
In 2022, approx. 124 tons of vitamins; vitamin B1 and its derivatives, unmixeds were imported into Guatemala; with a decrease of -4.8% compared with 2021 figures. The total import volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. As a result, imports attained the peak of 130 tons, and then reduced slightly in the following year.
In value terms, imports of vitamins; vitamin B1 and its derivatives, unmixeds rose remarkably to $2.1M in 2022. The total import value increased at an average annual rate of +7.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 13%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,027 | 1,244 | 1,609 | 1,979 | 24.4% |
| Mexico | 312 | 244 | 113 | 66.3 | -40.3% |
| Germany | N/A | 46.8 | 93.9 | 13.8 | -45.7% |
| Colombia | N/A | 12.1 | N/A | 3.9 | -43.2% |
| Netherlands | 175 | 135 | 119 | 0.1 | -91.7% |
| India | 55.1 | 33.7 | N/A | N/A | -38.8% |
| Others | 123 | 33.5 | 43.5 | 36.3 | -33.4% |
| Total | 1,692 | 1,749 | 1,979 | 2,099 | 7.4% |
Top Suppliers of Vitamins; Vitamin B1 and Its Derivatives, Unmixed to Guatemala in 2022:
- China (112.8 tons)
- Mexico (6.4 tons)
- Colombia (2.0 tons)
- Germany (1.0 tons)
Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Guatemala
In 2022, shipments abroad of vitamins; vitamin B1 and its derivatives, unmixeds decreased by -53.4% to 15 tons, falling for the second year in a row after two years of growth. Over the period under review, exports faced a abrupt slump. The growth pace was the most rapid in 2020 with an increase of 18%. As a result, the exports attained the peak of 35 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 reduced remarkably to $264K in 2022. Overall, exports faced a precipitous slump. The pace of growth was the most pronounced in 2020 with an increase of 5.5% against the previous year. As a result, the exports attained the peak of $565K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 371 | 391 | 261 | 82.0 | -39.5% |
| Dominican Republic | 37.5 | 69.3 | 54.8 | 62.1 | 18.3% |
| Honduras | 29.6 | 86.7 | 54.2 | 55.2 | 23.1% |
| Nicaragua | 18.0 | 5.3 | 40.1 | 54.2 | 44.4% |
| Costa Rica | 7.8 | 9.8 | 27.1 | 9.9 | 8.3% |
| Peru | 45.6 | N/A | N/A | N/A | 0% |
| Chile | 23.2 | N/A | N/A | N/A | 0% |
| Others | 3.4 | 3.0 | 8.8 | 0.8 | -38.3% |
| Total | 536 | 565 | 446 | 264 | -21.0% |
Top Export Markets for Vitamins; Vitamin B1 and Its Derivatives, Unmixed from Guatemala in 2022:
- El Salvador (6.7 tons)
- Dominican Republic (3.7 tons)
- Honduras (2.5 tons)
- Nicaragua (2.1 tons)
- Costa Rica (0.4 tons)
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This report provides an in-depth analysis of the vitamin market in Guatemala.
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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 Guatemala.
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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.
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.
1435
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.
1435
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...
