Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Kenya - 2022
Contents:
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Kenya (CIF) - 2022
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Kenya (FOB) - 2022
- Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Kenya
- Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Kenya
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Kenya (CIF) - 2022
The average import price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $64,182 per ton in 2022, falling by -37.7% against the previous year. Overall, the import price showed a mild descent. The most prominent rate of growth was recorded in 2016 when the average import price increased by 251% against the previous year. Over the period under review, average import prices attained the peak figure at $149,450 per ton in 2020; however, from 2021 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 China ($100,934 per ton), while the price for the United States ($19,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+3,150.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Kenya (FOB) - 2022
The average export price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $34,941 per ton in 2022, with an increase of 4.5% against the previous year. Over the period under review, the export price continues to indicate a mild expansion. The pace of growth was the most pronounced in 2018 an increase of 349%. As a result, the export price attained the peak level of $81,766 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($52,000 per ton), while the average price for exports to Seychelles ($10,000 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 Ghana (+237.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Kenya
In 2022, after two years of decline, there was significant growth in overseas purchases of vitamins; vitamin B12 and its derivatives, unmixeds, when their volume increased by 39% to 768 kg. The total import volume increased at an average annual rate of +1.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds fell to $49K in 2022. Over the period under review, imports, however, continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2020 when imports increased by 8.4% against the previous year. As a result, imports attained the peak of $101K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 51.6 | 30.8 | 19.5 | 37.5 | -10.1% |
| China | 37.3 | 63.1 | 33.8 | 6.2 | -45.0% |
| France | 0.8 | 4.0 | 1.0 | 1.0 | 7.7% |
| Switzerland | 2.0 | 1.8 | 1.3 | 0.6 | -33.1% |
| United States | N/A | N/A | N/A | 0.5 | 0% |
| United Kingdom | 1.1 | 1.0 | 0.7 | 0.3 | -35.2% |
| Others | 0.2 | 0.2 | 0.6 | 3.2 | 152.0% |
| Total | 93.1 | 101 | 56.9 | 49.3 | -19.1% |
Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to Kenya in 2022:
- India (641.0 kg)
- China (61.0 kg)
- United States (27.0 kg)
- France (25.0 kg)
- United Kingdom (7.0 kg)
- Switzerland (4.0 kg)
Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Kenya
In 2022, approx. 17 kg of vitamins; vitamin B12 and its derivatives, unmixeds were exported from Kenya; reducing by -81.1% compared with 2021. Overall, exports saw a significant decline. The pace of growth appeared the most rapid in 2021 when exports increased by 4.7% against the previous year.
In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds shrank significantly to $594 in 2022. In general, exports showed a dramatic descent. The smallest decline of -34.7% was in 2020.
| Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malawi | 6.8 | 2.3 | 2.7 | 0.5 | -58.1% |
| Tanzania | 1.5 | 0.4 | 0.4 | 0.1 | -59.5% |
| Ethiopia | N/A | N/A | N/A | N/A | 0% |
| Seychelles | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | 2.8 | N/A | N/A | 0% |
| Total | 8.3 | 5.4 | 3.0 | 0.6 | -58.3% |
Top Export Markets for Vitamins; Vitamin B12 and Its Derivatives, Unmixed from Kenya in 2022:
- Malawi (14.0 kg)
- Ethiopia (1.0 kg)
- Tanzania (1.0 kg)
- Seychelles (1.0 kg)
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This report provides an in-depth analysis of the vitamin market in Kenya.
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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 Kenya.
2748
This report provides an in-depth analysis of the global vitamin market.
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...
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...
