Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in the United States - 2024
Contents:
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in the United States (CIF) - 2022
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in the United States (FOB) - 2022
- Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in the United States
- Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in the United States
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in the United States (CIF) - 2022
The average import price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $104,014 per ton in 2022, waning by -37.1% against the previous year. Overall, the import price saw a pronounced descent. The pace of growth was the most pronounced in 2015 an increase of 38% against the previous year. The import price peaked at $165,334 per ton in 2021, and then contracted significantly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($147,961 per ton), while the price for Italy ($13,329 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.9%), while the prices for the other major suppliers experienced a decline.
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in the United States (FOB) - 2022
The average export price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $31,265 per ton in 2022, with an increase of 28% against the previous year. In general, the export price saw a moderate expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Pakistan ($57,068 per ton), while the average price for exports to Japan ($19,846 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 China (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in the United States
In 2022, the amount of vitamins; vitamin B12 and its derivatives, unmixeds imported into the United States surged to 673 tons, rising by 37% compared with 2021 figures. The total import volume increased at an average annual rate of +7.1% over the period from 2019 to 2022; however, the trend pattern 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 dropped to $70M in 2022. In general, imports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 0.3% against the previous year. As a result, imports attained the peak of $84M. 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 the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 79.6 | 77.1 | 74.0 | 60.7 | -8.6% |
| Spain | 2.2 | 3.5 | 3.3 | 5.1 | 32.3% |
| Italy | N/A | 0.1 | N/A | 0.2 | 41.4% |
| Portugal | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Others | 1.6 | 2.9 | 3.8 | 3.8 | 33.4% |
| Total | 83.5 | 83.8 | 81.3 | 70.0 | -5.7% |
Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to the United States in 2022:
- China (410.4 tons)
- Spain (224.8 tons)
- Italy (18.6 tons)
- Portugal (10.4 tons)
Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in the United States
In 2022, exports of vitamins; vitamin B12 and its derivatives, unmixeds from the United States fell rapidly to 337 tons, which is down by -47.7% on 2021 figures. Over the period under review, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 35% against the previous year. As a result, the exports reached the peak of 643 tons, and then fell significantly in the following year.
In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds reduced markedly to $11M in 2022. In general, exports continue to indicate a perceptible descent. The pace of growth was the most pronounced in 2021 when exports increased by 28% against the previous year. As a result, the exports reached the peak of $16M, and then shrank significantly in the following year.
| Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 7,344 | 5,635 | 9,179 | 5,324 | -10.2% |
| Netherlands | 645 | 458 | 690 | 743 | 4.8% |
| South Korea | 38.9 | 62.2 | 9.1 | 687 | 160.4% |
| Mexico | 311 | 155 | 162 | 626 | 26.3% |
| Pakistan | 357 | 500 | 277 | 406 | 4.4% |
| Chile | 6.7 | 30.4 | 12.8 | 368 | 280.1% |
| Australia | 453 | 269 | 233 | 267 | -16.2% |
| China | 191 | 334 | 271 | 264 | 11.4% |
| Japan | 32.1 | 91.0 | 107 | 224 | 91.1% |
| Thailand | 201 | 235 | 198 | 221 | 3.2% |
| Brazil | 176 | 248 | 270 | 109 | -14.8% |
| United Kingdom | 408 | 451 | 181 | 98.5 | -37.7% |
| Spain | N/A | 1,253 | 2,361 | 8.6 | -91.7% |
| Others | 1,534 | 2,587 | 1,804 | 1,175 | -8.5% |
| Total | 11,699 | 12,308 | 15,756 | 10,521 | -3.5% |
Top Export Markets for Vitamins; Vitamin B12 and Its Derivatives, Unmixed from the United States in 2022:
- Canada (168.0 tons)
- Mexico (24.3 tons)
- Netherlands (20.8 tons)
- Chile (18.0 tons)
- South Korea (17.0 tons)
- Japan (11.3 tons)
- China (10.2 tons)
- Australia (10.1 tons)
- Pakistan (7.1 tons)
- Brazil (5.3 tons)
- Thailand (5.2 tons)
- United Kingdom (3.4 tons)
- Spain (0.3 tons)
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This report provides an in-depth analysis of the vitamin market in the U.S..
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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 the U.S..
2739
This report provides an in-depth analysis of the global vitamin market.
449
In August 2022, the vitamin price per ton amounted to $14.7K (CIF, US), surging by 3% against the previous month.
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.
1436
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...
854
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...
449
In August 2022, the vitamin price per ton amounted to $14.7K (CIF, US), surging by 3% against the previous month.
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.
1436
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...
854
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...
