Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Iran - 2022

Contents:

  1. Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Iran (CIF) - 2022
  2. Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Iran

Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Iran (CIF) - 2022

In 2022, the average import price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $30,920 per ton, with a decrease of -35.8% against the previous year. In general, the import price, however, recorded a notable increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by 70%. As a result, import price attained the peak level of $66,941 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 India ($135,758 per ton), while the price for France ($26,470 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Iran

In 2022, after three years of growth, there was significant decline in supplies from abroad of vitamins; vitamin B1 and its derivatives, unmixeds, when their volume decreased by -87.6% to 102 tons. Over the period under review, imports faced a significant curtailment. The growth pace was the most rapid in 2020 when imports increased by 31%.

In value terms, imports of vitamins; vitamin B1 and its derivatives, unmixeds dropped significantly to $3.1M in 2022. In general, imports recorded a significant curtailment. The pace of growth was the most pronounced in 2021 with an increase of 26%. As a result, imports reached the peak of $40M, and then shrank significantly in the following year.

Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China18.018.421.61.2-59.5%
Netherlands0.10.1N/A0.458.7%
India1.71.71.70.3-43.9%
France1.93.66.30.2-52.8%
Germany0.20.10.50.1-20.6%
BelgiumN/A0.40.70.1-50.0%
United Arab Emirates0.50.8N/AN/A60.0%
Others4.56.58.70.9-41.5%
Total26.831.539.63.1-51.3%

Top Suppliers of Vitamins; Vitamin B1 and Its Derivatives, Unmixed to Iran in 2022:

  1. China (40.4 tons)
  2. Netherlands (13.1 tons)
  3. France (7.7 tons)
  4. Germany (4.9 tons)
  5. India (2.2 tons)
  6. Belgium (2.2 tons)
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The World's Best Import Markets for Vitamins
Oct 6, 2023
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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.

COVID Pandemic Instigates Global Vitamin Trade Growth
Feb 8, 2022
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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. 

Which Country Imports the Most Provitamins and Vitamins in the World?
May 28, 2018
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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...

Which Country Exports the Most Provitamins and Vitamins in the World?
May 28, 2018
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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...

The World's Best Import Markets for Vitamins
Oct 6, 2023
Eye 237

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.

COVID Pandemic Instigates Global Vitamin Trade Growth
Feb 8, 2022
Eye 370

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. 

Which Country Imports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 1438

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...

Which Country Exports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 855

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...

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