Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in the Dominican Republic - 2023
Contents:
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in the Dominican Republic (CIF) - 2022
- Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in the Dominican Republic
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in the Dominican Republic (CIF) - 2022
In 2022, the average import price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $42,509 per ton, with an increase of 31% against the previous year. Overall, the import price showed a measured expansion. The pace of growth was the most pronounced in 2016 when the average import price increased by 111%. The import price peaked at $57,932 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 Mexico ($120,075 per ton), while the price for China ($27,162 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in the Dominican Republic
In 2022, approx. 8.3 tons of vitamins; vitamin B1 and its derivatives, unmixeds were imported into the Dominican Republic; picking up by 13% compared with the year before. The total import volume increased at an average annual rate of +5.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of vitamins; vitamin B1 and its derivatives, unmixeds soared to $355K in 2022. The total import value increased at an average annual rate of +6.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 77.4 | 51.9 | 71.8 | 172 | 30.5% |
| Mexico | 46.9 | 31.9 | 15.8 | 122 | 37.5% |
| Germany | 12.7 | 17.4 | 14.6 | 36.0 | 41.5% |
| United States | 0.1 | 0.2 | 0.1 | 24.3 | 524.0% |
| Spain | 17.0 | 16.6 | 11.2 | N/A | -18.8% |
| Guatemala | 19.3 | 28.7 | 23.6 | N/A | 10.6% |
| France | 13.0 | 4.2 | 16.3 | N/A | 12.0% |
| Netherlands | 0.8 | 13.2 | 10.4 | N/A | 260.6% |
| Others | 108 | 104 | 75.4 | N/A | -16.4% |
| Total | 295 | 268 | 239 | 355 | 6.4% |
Top Suppliers of Vitamins; Vitamin B1 and Its Derivatives, Unmixed to the Dominican Republic in 2022:
- China (6.3 tons)
- Mexico (1.0 tons)
- Germany (0.7 tons)
- United States (0.3 tons)
298
This report provides an in-depth analysis of the vitamin market in the Dominican Republic.
2731
This report provides an in-depth analysis of the global vitamin market.
298
This report provides an in-depth analysis of the vitamin market in the Dominican Republic.
2731
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.
366
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.
1433
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...
851
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.
366
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.
1433
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...
851
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...
