Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Israel - 2024

Contents:

  1. Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Israel (CIF) - 2022
  2. Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Israel (FOB) - 2022
  3. Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Israel
  4. Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Israel

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

The average import price for vitamins; vitamin B1 and its derivatives, unmixeds stood at $28,164 per ton in 2022, surging by 7.5% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 59%. Over the period under review, average import prices attained the maximum at $54,219 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($28,169 per ton) and the Netherlands ($28,169 per ton), while the price for the United States ($27,778 per ton) and Switzerland ($28,164 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+0.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $40,166 per ton, increasing by 8% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 75% against the previous year. The export price peaked at $57,469 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($41,876 per ton), while the average price for exports to the United States ($30,745 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 the United States (-0.2%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of vitamins; vitamin B1 and its derivatives, unmixeds imported into Israel soared to 14 tons, jumping by 30% against the year before. The total import volume increased at an average annual rate of +10.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of vitamins; vitamin B1 and its derivatives, unmixeds surged to $387K in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -8.9% against 2020 indices.

Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China81.113153.622440.3%
Switzerland18.567.338.387.067.5%
Germany55.224.367.736.0-13.3%
Netherlands40.714.98.620.0-21.1%
India5.510.35.914.036.5%
ThailandN/A26.2N/AN/A0%
Italy16.533.420.7N/A12.0%
Others11611881.26.0-62.7%
Total3344252763875.0%

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

  1. China (8.0 tons)
  2. Switzerland (3.1 tons)
  3. Germany (1.3 tons)
  4. Netherlands (0.7 tons)
  5. India (0.5 tons)

Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Israel

In 2022, overseas shipments of vitamins; vitamin B1 and its derivatives, unmixeds decreased by -17.1% to 4.7 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 20%. As a result, the exports reached the peak of 5.7 tons, and then contracted remarkably in the following year.

In value terms, exports of vitamins; vitamin B1 and its derivatives, unmixeds fell to $190K in 2022. Overall, exports showed a abrupt shrinkage. The smallest decline of -5.4% was in 2020.

Export of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SingaporeN/AN/AN/A79.90%
Nigeria21819118819.1-55.6%
United States18.122.619.610.1-17.7%
Others0.811.14.480.5365.1%
Total237224212190-7.1%

Top Export Markets for Vitamins; Vitamin B1 and Its Derivatives, Unmixed from Israel in 2022:

  1. Singapore (1.9 tons)
  2. Nigeria (0.6 tons)
  3. United States (0.3 tons)
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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. 

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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...

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