Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Thailand - 2024
Contents:
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Thailand (CIF) - 2024
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Thailand (FOB) - 2024
- Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Thailand
- Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Thailand
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Thailand (CIF) - 2024
The average import price for vitamins; vitamin B1 and its derivatives, unmixeds stood at $18,525 per ton in January 2024, picking up by 6.2% against the previous month. Over the period under review, the import price, however, saw a noticeable reduction. The most prominent rate of growth was recorded in November 2023 when the average import price increased by 86% month-to-month. As a result, import price reached the peak level of $30,227 per ton. From December 2023 to January 2024, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Germany ($39,733 per ton), while the price for China amounted to $17,411 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by India (-0.3%), while the prices for the other major suppliers experienced a decline.
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Thailand (FOB) - 2024
In January 2024, the average export price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $10,832 per ton, which is down by -11.7% against the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in November 2023 when the average export price increased by 50% m-o-m. Over the period under review, the average export prices hit record highs at $13,409 per ton in June 2023; however, from July 2023 to January 2024, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Myanmar.
From January 2023 to January 2024, the rate of growth in terms of prices for Singapore amounted to 0.0% per month.
Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Thailand
In 2022, the amount of vitamins; vitamin B1 and its derivatives, unmixeds imported into Thailand declined remarkably to 266 tons, shrinking by -35.1% compared with the previous year's figure. In general, imports saw a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 22%. As a result, imports reached the peak of 410 tons, and then contracted rapidly in the following year.
In value terms, imports of vitamins; vitamin B1 and its derivatives, unmixeds contracted dramatically to $7.4M in 2022. Overall, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 7.4%. As a result, imports attained the peak of $12M, and then fell sharply in the following year.
| Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.8 | 5.8 | 7.7 | 4.5 | -16.8% |
| Germany | 2.5 | 4.4 | 3.2 | 2.0 | -7.2% |
| India | 0.9 | 0.6 | 0.8 | 0.9 | 0.0% |
| Others | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Total | 11.3 | 10.9 | 11.7 | 7.4 | -13.2% |
Top Suppliers of Vitamins; Vitamin B1 and Its Derivatives, Unmixed to Thailand in 2022:
- China (199.8 tons)
- Germany (58.7 tons)
- India (7.1 tons)
Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Thailand
Exports of vitamins; vitamin B1 and its derivatives, unmixeds from Thailand dropped to 174 tons in 2022, shrinking by -2.9% on the previous year's figure. The total export volume increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 15%. As a result, the exports reached the peak of 180 tons, and then declined slightly in the following year.
In value terms, exports of vitamins; vitamin B1 and its derivatives, unmixeds declined significantly to $1.9M in 2022. Over the period under review, exports showed a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year.
| Export of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | N/A | 2.0 | 2.3 | 1.9 | -2.5% |
| Indonesia | 1.1 | N/A | N/A | N/A | 0% |
| Singapore | 0.7 | N/A | N/A | N/A | 0% |
| Pakistan | 0.7 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Total | 2.6 | 2.1 | 2.4 | 1.9 | -9.9% |
Top Export Markets for Vitamins; Vitamin B1 and Its Derivatives, Unmixed from Thailand in 2022:
- Myanmar (174.2 tons)
1090
This report provides an in-depth analysis of the vitamin market in Thailand.
2741
This report provides an in-depth analysis of the global vitamin market.
1090
This report provides an in-depth analysis of the vitamin market in Thailand.
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...
