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

Contents:

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

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

The average import price for vitamins; vitamin B1 and its derivatives, unmixeds stood at $19,539 per ton in 2022, dropping by -32.6% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 60%. The import price peaked at $49,540 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($26,686 per ton), while the price for the Netherlands ($4,565 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.0%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $65,791 per ton, growing by 74% against the previous year. Overall, the export price posted buoyant growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 103%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in years to come.

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 Pakistan ($192,367 per ton), while the average price for exports to Singapore stood at $25,248 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (-1.7%).

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

Imports of vitamins; vitamin B1 and its derivatives, unmixeds into Malaysia declined to 113 tons in 2022, which is down by -5.4% compared with the year before. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +5.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 58%. As a result, imports reached the peak of 119 tons, and then dropped in the following year.

In value terms, imports of vitamins; vitamin B1 and its derivatives, unmixeds declined dramatically to $2.2M in 2022. Overall, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 49% against the previous year. As a result, imports attained the peak of $3.5M, and then dropped markedly in the following year.

Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.01.82.61.6-7.2%
Germany0.80.40.70.4-20.6%
NetherlandsN/AN/AN/A0.10%
OthersN/A0.10.10.10.0%
Total2.82.33.52.2-7.7%

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

  1. China (70.1 tons)
  2. Netherlands (24.3 tons)
  3. Germany (15.0 tons)

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

In 2022, the amount of vitamins; vitamin B1 and its derivatives, unmixeds exported from Malaysia declined sharply to 3.4 tons, with a decrease of -32.3% on the year before. In general, exports faced a sharp descent. The growth pace was the most rapid in 2021 when exports increased by 68%.

In value terms, exports of vitamins; vitamin B1 and its derivatives, unmixeds skyrocketed to $222K in 2022. Overall, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 45% against the previous year.

Export of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PakistanN/AN/AN/A1580%
Singapore35774.918964.6-43.4%
PhilippinesN/A37.6N/AN/A0%
AustraliaN/A5.5N/AN/A0%
OthersN/A12.3N/AN/A0%
Total357130189222-14.6%

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

  1. Singapore (2.6 tons)
  2. Pakistan (0.8 tons)
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