Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Turkey - 2024
Contents:
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Turkey (CIF) - 2022
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Turkey (FOB) - 2022
- Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Turkey
- Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Turkey
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Turkey (CIF) - 2022
In 2022, the average import price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $32,486 per ton, which is down by -4.5% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 29% against the previous year. The import price peaked at $52,724 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 country with the highest price was Germany ($33,876 per ton), while the price for China stood at $32,015 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.4%).
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Turkey (FOB) - 2022
The average export price for vitamins; vitamin B1 and its derivatives, unmixeds stood at $35,301 per ton in 2022, with an increase of 37% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $58,224 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($77,929 per ton), while the average price for exports to Angola ($15,000 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 Jordan (+34.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Turkey
In 2022, purchases abroad of vitamins; vitamin B1 and its derivatives, unmixeds was finally on the rise to reach 335 tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +3.9% 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 $11M in 2022. Overall, imports, however, showed a perceptible slump.
| Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.9 | 5.4 | 6.8 | 8.2 | 1.3% |
| Germany | 4.0 | 3.1 | 1.6 | 2.7 | -12.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 12.0 | 8.5 | 8.4 | 10.9 | -3.2% |
Top Suppliers of Vitamins; Vitamin B1 and Its Derivatives, Unmixed to Turkey in 2022:
- China (255.2 tons)
- Germany (79.6 tons)
Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Turkey
In 2022, shipments abroad of vitamins; vitamin B1 and its derivatives, unmixeds decreased by -86.9% to 549 kg, falling for the second year in a row after two years of growth. In general, exports faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 613%. As a result, the exports reached the peak of 14 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of vitamins; vitamin B1 and its derivatives, unmixeds shrank dramatically to $19K in 2022. Over the period under review, exports recorded a dramatic descent. The growth pace was the most rapid in 2020 when exports increased by 257%. As a result, the exports reached the peak of $314K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Syrian Arab Republic | 53.4 | 1.2 | 0.9 | 8.0 | -46.9% |
| Azerbaijan | N/A | 235 | 14.4 | 4.9 | -85.6% |
| Iran | 31.9 | 30.1 | 34.1 | 2.5 | -57.2% |
| Angola | N/A | N/A | N/A | 1.5 | 0% |
| Russia | N/A | N/A | N/A | 1.1 | 0% |
| Cyprus | 0.7 | N/A | N/A | 0.7 | 0.0% |
| Iraq | N/A | N/A | N/A | 0.6 | 0% |
| Oman | N/A | 9.7 | 2.8 | N/A | -71.1% |
| United Arab Emirates | N/A | N/A | 55.5 | N/A | 0% |
| Netherlands | N/A | 36.3 | N/A | N/A | 0% |
| Others | 1.8 | 1.4 | 0.1 | N/A | -76.4% |
| Total | 87.8 | 314 | 108 | 19.4 | -39.5% |
Top Export Markets for Vitamins; Vitamin B1 and Its Derivatives, Unmixed from Turkey in 2022:
- Syrian Arab Republic (212.0 kg)
- Azerbaijan (122.0 kg)
- Angola (100.0 kg)
- Iran (60.0 kg)
- Cyprus (25.0 kg)
- Iraq (16.0 kg)
- Russia (14.0 kg)
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This report provides an in-depth analysis of the vitamin market in Turkey.
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This report provides an in-depth analysis of the global vitamin market.
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This report provides an in-depth analysis of the vitamin market in Turkey.
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This report provides an in-depth analysis of the global vitamin market.
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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.
372
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.
1441
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...
856
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...
238
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.
372
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.
1441
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...
856
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...
