Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Argentina - 2023

Contents:

  1. Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Argentina (CIF) - 2022
  2. Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Argentina (FOB) - 2022
  3. Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Argentina
  4. Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Argentina

Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Argentina (CIF) - 2022

In 2022, the average import price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $897,357 per ton, with an increase of 3.2% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 90%. Over the period under review, average import prices hit record highs at $1,496,954 per ton in 2017; however, from 2018 to 2022, import prices remained at a 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 Spain ($2,746,167 per ton), while the price for China totaled $844,246 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+13.4%), while the prices for the other major suppliers experienced a decline.

Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Argentina (FOB) - 2022

The average export price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $657,113 per ton in 2022, declining by -12% against the previous year. Overall, the export price showed a deep downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by 313%. The export price peaked at $2,150,652 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($1,302,476 per ton), while the average price for exports to New Zealand amounted to $285,601 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+691.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Argentina

Imports of vitamins; vitamin B12 and its derivatives, unmixeds into Argentina declined significantly to 3.9 tons in 2022, dropping by -24.8% against the year before. Overall, imports continue to indicate a abrupt decrease. The smallest decline of -4.9% was in 2021.

In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds fell remarkably to $3.5M in 2022. In general, imports showed a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 49% against the previous year.

Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.52.43.63.2-10.7%
Spain0.40.40.50.1-37.0%
Others0.50.20.40.2-26.3%
Total5.43.04.53.5-13.5%

Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to Argentina in 2022:

  1. China (3.8 tons)

Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Argentina

In 2022, approx. 1.4 tons of vitamins; vitamin B12 and its derivatives, unmixeds were exported from Argentina; waning by -52.3% against the previous year's figure. Over the period under review, exports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 340% against the previous year. As a result, the exports reached the peak of 2.9 tons, and then reduced notably in the following year.

In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds contracted markedly to $907K in 2022. In general, exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2021 when exports increased by 147% against the previous year. As a result, the exports reached the peak of $2.2M, and then fell markedly in the following year.

Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia38337088262117.5%
New Zealand278N/A541254-3.0%
Spain154N/AN/AN/A0%
Chile180383730N/A101.4%
Others1891236.131.6-44.9%
Total1,1848752,160907-8.5%

Top Export Markets for Vitamins; Vitamin B12 and Its Derivatives, Unmixed from Argentina in 2022:

  1. New Zealand (889.0 kg)
  2. Australia (477.0 kg)
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