Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Chile - 2024

Contents:

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

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

In 2022, the average import price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $30,700 per ton, waning by -14.5% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 34%. The import price peaked at $46,622 per ton in 2019; however, from 2020 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 Spain ($40,364 per ton), while the price for Denmark ($25,959 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $96,194 per ton in 2022, with an increase of 93% against the previous year. Over the period under review, the export price, however, saw a dramatic downturn. The pace of growth was the most pronounced in 2019 an increase of 116% against the previous year. Over the period under review, the average export prices reached the peak figure at $2,996,500 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($98,646 per ton), while the average price for exports to Peru stood at $45,596 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+61.0%).

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

In 2022, supplies from abroad of vitamins; vitamin B12 and its derivatives, unmixeds decreased by -18.2% to 34 tons, falling for the second year in a row after two years of growth. Overall, total imports indicated a modest expansion from 2019 to 2022: its volume increased at an average annual rate of +1.8% 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 decreased by -31.9% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 55% against the previous year. As a result, imports attained the peak of 51 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds contracted remarkably to $1.1M in 2022. Over the period under review, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 7.4% against the previous year. As a result, imports reached the peak of $1.6M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China915779262546-15.8%
France209271139182-4.5%
Spain55.345.074.296.320.3%
MexicoN/AN/A26.587.6230.6%
Denmark1.0N/A17.958.9289.1%
Germany15.624.120537.634.1%
Argentina180383730N/A101.4%
United Kingdom12654.2N/AN/A-57.0%
Others20.878.456.549.633.6%
Total1,5221,6341,5111,058-11.4%

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

  1. China (19.0 tons)
  2. France (6.5 tons)
  3. Mexico (2.8 tons)
  4. Spain (2.4 tons)
  5. Denmark (2.3 tons)
  6. Germany (1.4 tons)

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

Exports of vitamins; vitamin B12 and its derivatives, unmixeds from Chile surged to 4.6 tons in 2022, picking up by 37,875% against 2021 figures. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds soared to $438K in 2022. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwitzerlandN/AN/AN/A4300%
Peru10.211.80.57.3-10.6%
OthersN/A2.20.10.6-47.8%
Total10.214.00.6438250.2%

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

  1. Switzerland (4.4 tons)
  2. Peru (0.2 tons)
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