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

Contents:

  1. Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Israel (CIF) - 2022
  2. Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Israel

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

The average import price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $55,150 per ton in 2022, declining by -5.9% against the previous year. Overall, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vitamins; vitamin B12 and its derivatives, unmixeds increased by +14.4% against 2015 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 41% against the previous year. As a result, import price attained the peak level of $58,634 per ton, and then declined in the following year.

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 China ($413,698 per ton), while the price for Italy ($3,644 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, purchases abroad of vitamins; vitamin B12 and its derivatives, unmixeds decreased by -26.7% to 13 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 59%. As a result, imports attained the peak of 20 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds reduced notably to $703K in 2022. Over the period under review, total imports indicated a moderate expansion from 2019 to 2022: its value increased at an average annual rate of +4.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 35% against the previous year.

Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States12023743033741.1%
China209222207137-13.1%
Germany135114187106-7.7%
Denmark60.957.860.555.5-3.0%
Switzerland0.916.09.127.9214.1%
Italy23.022.724.723.50.7%
India2.94.15.58.945.3%
Netherlands14.51042.72.6-43.6%
France37.544.957.61.7-64.3%
United Kingdom2.60.832.00.9-29.8%
Others3.72.82.81.9-19.9%
Total6108261,0207034.8%

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

  1. Italy (6.5 tons)
  2. United States (1.8 tons)
  3. Germany (1.8 tons)
  4. Denmark (1.1 tons)
  5. Switzerland (0.6 tons)
  6. India (0.4 tons)
  7. China (0.3 tons)
  8. Netherlands (0.1 tons)
  9. United Kingdom (0.1 tons)
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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.

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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
Feb 8, 2022
Eye 360

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 844

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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