Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Pakistan - 2023
Contents:
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Pakistan (CIF) - 2023
- Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Pakistan
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Pakistan (CIF) - 2023
In July 2023, the average import price for vitamins; vitamin B2 and its derivatives, unmixeds amounted to $38,320 per ton, with an increase of 37% against the previous month. In general, import price indicated pronounced growth from July 2022 to July 2023: its price increased at an average monthly rate of +3.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, import price for vitamins; vitamin B2 and its derivatives, unmixeds increased by +165.7% against February 2023 indices. The growth pace was the most rapid in March 2023 an increase of 66% month-to-month. The import price peaked in July 2023.
Prices varied noticeably by the country of origin: the country with the highest price was France ($162K per ton), while the price for China ($17,893 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (+23.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Pakistan
In 2022, approx. 82 tons of vitamins; vitamin B2 and its derivatives, unmixeds were imported into Pakistan; remaining stable against 2021 figures. The total import volume increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 11%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds soared to $2.4M in 2022. In general, imports, however, saw a perceptible slump.
| Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 444 | 378 | 679 | 1,236 | 40.7% |
| India | 200 | 326 | 212 | 473 | 33.2% |
| China | 542 | 476 | 358 | 314 | -16.6% |
| South Korea | 550 | 277 | 243 | 231 | -25.1% |
| France | 43.5 | 35.0 | 63.3 | 112 | 37.1% |
| Swaziland | 30.3 | 32.0 | 29.4 | N/A | -1.5% |
| Singapore | 814 | 357 | 368 | N/A | -32.8% |
| Others | 85.0 | 52.7 | 83.3 | 19.8 | -38.5% |
| Total | 2,709 | 1,934 | 2,037 | 2,386 | -4.1% |
Top Suppliers of Vitamins; Vitamin B2 and Its Derivatives, Unmixed to Pakistan in 2022:
- Germany (38.3 tons)
- India (16.4 tons)
- China (15.0 tons)
- South Korea (7.0 tons)
- France (4.2 tons)
437
This report provides an in-depth analysis of the vitamin market in Pakistan.
2753
This report provides an in-depth analysis of the global vitamin market.
437
This report provides an in-depth analysis of the vitamin market in Pakistan.
2753
This report provides an in-depth analysis of the global vitamin market.
249
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.
383
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.
1451
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...
862
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...
249
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.
383
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.
1451
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...
862
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...
