Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Costa Rica - 2022

Contents:

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

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

In 2022, the average import price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $58,230 per ton, which is down by -6.3% against the previous year. Over the period under review, the import price, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2017 an increase of 81%. Over the period under review, average import prices attained the peak figure at $62,165 per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Panama ($439,000 per ton), while the price for Peru ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+38.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $19,513 per ton in 2022, waning by -4.5% against the previous year. Overall, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the average export price increased by 64% against the previous year. As a result, the export price reached the peak level of $26,448 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($36,357 per ton), while the average price for exports to El Salvador ($1,000 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 Belize (+22.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, overseas purchases of vitamins; vitamin B12 and its derivatives, unmixeds decreased by -17% to 3.9 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of 25% against the previous year. As a result, imports attained the peak of 7.3 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 declined markedly to $229K in 2022. In general, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 9.5%. As a result, imports reached the peak of $306K. 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 Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China154109192137-3.8%
United States51.894.244.944.7-4.8%
Guatemala36.47.111.410.7-33.5%
Switzerland8.56.410.49.12.3%
United Kingdom2.92.94.25.120.7%
Mexico1.411.34.75.052.9%
France16.110.08.84.7-33.7%
Netherlands4.43.64.34.3-0.8%
Germany2.210.57.34.325.0%
Spain0.11.43.23.2217.5%
PeruN/A49.1N/AN/A0%
Others1.91.43.61.3-11.9%
Total280306295229-6.5%

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

  1. United States (1356.0 kg)
  2. China (1323.0 kg)
  3. United Kingdom (227.0 kg)
  4. Switzerland (206.0 kg)
  5. Guatemala (201.0 kg)
  6. Germany (131.0 kg)
  7. Spain (124.0 kg)
  8. France (116.0 kg)
  9. Mexico (78.0 kg)
  10. Netherlands (67.0 kg)
  11. Peru (1.0 kg)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of vitamins; vitamin B12 and its derivatives, unmixeds, when their volume decreased by -88% to 39 kg. Overall, exports faced a deep contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 243% against the previous year.

In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds shrank notably to $761 in 2022. Over the period under review, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 249%.

Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Costa Rica (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala9122,6752,389509-17.7%
Belize1619863,5092099.1%
Panama22.012843525.04.4%
Honduras16.087.028015.0-2.1%
CubaN/AN/AN/A1.00%
El Salvador1.01.03.01.00.0%
United StatesN/AN/AN/A1.00%
OthersN/AN/A27.0N/A0%
Total1,1123,8776,643761-11.9%

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

  1. Belize (16.0 kg)
  2. Guatemala (14.0 kg)
  3. Panama (4.0 kg)
  4. Honduras (2.0 kg)
  5. Cuba (1.0 kg)
  6. El Salvador (1.0 kg)
  7. United States (1.0 kg)
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The World's Best Import Markets for Vitamins
Oct 6, 2023
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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.

COVID Pandemic Instigates Global Vitamin Trade Growth
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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. 

Which Country Imports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 1428

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...

Which Country Exports the Most Provitamins and Vitamins in the World?
May 28, 2018
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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...

The World's Best Import Markets for Vitamins
Oct 6, 2023
Eye 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.

COVID Pandemic Instigates Global Vitamin Trade Growth
Feb 8, 2022
Eye 361

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. 

Which Country Imports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 1428

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...

Which Country Exports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 846

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...

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