Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Saudi Arabia - 2022
Contents:
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Saudi Arabia (CIF) - 2022
- Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Saudi Arabia
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Saudi Arabia (CIF) - 2022
The average import price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $45,135 per ton in 2021, declining by -30.9% against the previous year. Overall, the import price, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2013 an increase of 97%. Over the period under review, average import prices hit record highs at $66,955 per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($147,517 per ton), while the price for China ($23,704 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+24.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Saudi Arabia
In 2021, approx. 11 tons of vitamins; vitamin B12 and its derivatives, unmixeds were imported into Saudi Arabia; surging by 47% compared with the previous year's figure. Overall, total imports indicated a resilient expansion from 2019 to 2021: its volume increased at an average annual rate of +17.7% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds amounted to $515K in 2021. The total import value increased at an average annual rate of +6.8% over the period from 2019 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 12% against the previous year. Over the period under review, imports of hit record highs in 2021 and are likely to see gradual growth in years to come.
| Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Germany | N/A | N/A | 236 | 0% | |
| India | 101 | 355 | 214 | 45.6% | |
| China | 61.5 | 29.2 | 32.8 | -27.0% | |
| France | 289 | 116 | 28.2 | -68.8% | |
| Belgium | N/A | 7.5 | 3.7 | -50.7% | |
| Others | N/A | N/A | 0.3 | 0% | |
| Total | 451 | 507 | 515 | 6.9% | |
Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to Saudi Arabia in 2022:
- Germany (7.4 tons)
- India (1.4 tons)
- China (1.4 tons)
- France (1.1 tons)
- Belgium (0.1 tons)
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This report provides an in-depth analysis of the vitamin market in Saudi Arabia.
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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 Saudi Arabia.
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This report provides an in-depth analysis of the global vitamin market.
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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.
369
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.
1435
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...
853
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...
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.
369
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.
1435
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...
853
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...
