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

Contents:

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

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

The average import price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $92,500 per ton in 2022, with an increase of 40% against the previous year. Overall, the import price, however, recorded a noticeable contraction. The import price peaked at $121,863 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +2.5% per year.

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

In 2022, approx. 2 kg of vitamins; vitamin B12 and its derivatives, unmixeds were imported into Myanmar; dropping by -99.5% against the previous year. Overall, imports saw a sharp descent. The growth pace was the most rapid in 2021 with an increase of 160% against the previous year.

In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds fell sharply to $185 in 2022. Over the period under review, imports faced a precipitous curtailment. The growth pace was the most rapid in 2021 when imports increased by 133%.

Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China53.410.722.40.2-84.5%
OthersN/AN/A2.6N/A0%
Total53.410.725.00.2-84.5%

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

  1. China (2.0 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
Feb 8, 2022
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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
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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...

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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