Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Vietnam - 2022
Contents:
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Vietnam (CIF) - 2022
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Vietnam (FOB) - 2022
- Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Vietnam
- Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Vietnam
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Vietnam (CIF) - 2022
The average import price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $208,235 per ton in 2022, declining by -21.7% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 49%. Over the period under review, average import prices attained the maximum at $266,089 per ton in 2021, and then dropped significantly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($302,039 per ton), while the price for Italy ($13,397 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 (+23.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Vietnam (FOB) - 2022
In 2022, the average export price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $34,069 per ton, falling by -40.5% against the previous year. In general, the export price recorded a precipitous descent. The most prominent rate of growth was recorded in 2021 an increase of 76% against the previous year. Over the period under review, the average export prices attained the peak figure at $575,952 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($61,286 per ton), while the average price for exports to China ($14,000 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 Indonesia (+159.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Vietnam
In 2022, purchases abroad of vitamins; vitamin B12 and its derivatives, unmixeds was finally on the rise to reach 10 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports recorded buoyant growth. 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 soared to $2.2M in 2022. Overall, imports recorded a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,236 | 898 | 645 | 1,473 | 6.0% |
| Switzerland | 25.0 | 28.3 | 24.6 | 189 | 96.3% |
| Mexico | 81.1 | 129 | 21.9 | 167 | 27.2% |
| Denmark | 44.1 | 33.4 | 16.7 | 29.6 | -12.4% |
| Italy | 16.4 | 17.0 | 13.5 | 29.4 | 21.5% |
| Hong Kong SAR | 16.1 | 16.1 | 12.3 | 25.8 | 17.0% |
| Spain | 86.1 | 53.9 | 56.5 | 13.2 | -46.5% |
| Others | 154 | 138 | 123 | 259 | 18.9% |
| Total | 1,659 | 1,314 | 914 | 2,186 | 9.6% |
Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to Vietnam in 2022:
- China (4.9 tons)
- Italy (2.2 tons)
- Switzerland (1.4 tons)
- Mexico (1.2 tons)
- Denmark (0.2 tons)
- Hong Kong SAR (0.2 tons)
- Spain (0.1 tons)
Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Vietnam
In 2022, exports of vitamins; vitamin b12 and its derivatives, unmixeds from Vietnam plummeted to 145 kg, dropping by -24.5% compared with the previous year's figure. Over the period under review, exports recorded a sharp decrease.
In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds contracted remarkably to $4.9K in 2022. In general, exports saw a sharp downturn. The pace of growth was the most pronounced in 2021 with an increase of 6.4% against the previous year.
| Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | N/A | N/A | N/A | 3.9 | 0% |
| Pakistan | 1.5 | 0.9 | 2.2 | 0.4 | -35.6% |
| Lao People's Democratic Republic | 0.9 | 0.9 | 1.7 | 0.4 | -23.7% |
| Cambodia | 5.3 | 4.9 | 3.0 | 0.2 | -66.5% |
| China | 33.3 | 0.2 | 0.4 | N/A | -89.0% |
| Guyana | N/A | 0.3 | N/A | N/A | 0% |
| Myanmar | N/A | 3.0 | 3.6 | N/A | 20.0% |
| Others | 10.8 | 0.1 | 0.1 | N/A | -90.4% |
| Total | 51.9 | 10.3 | 11.0 | 4.9 | -54.5% |
Top Export Markets for Vitamins; Vitamin B12 and Its Derivatives, Unmixed from Vietnam in 2022:
- Oman (122.0 kg)
- Pakistan (14.0 kg)
- Lao People's Democratic Republic (7.0 kg)
- China (1.0 kg)
- Cambodia (1.0 kg)
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This report provides an in-depth analysis of the vitamin market in Vietnam.
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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 Vietnam.
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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.
370
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.
1438
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...
855
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...
237
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.
370
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.
1438
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...
855
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...
