Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Singapore - 2023
Contents:
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Singapore (CIF) - 2022
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Singapore (FOB) - 2022
- Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Singapore
- Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Singapore
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Singapore (CIF) - 2022
The average import price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $23,128 per ton in 2022, standing approx. at the previous year. Overall, the import price, however, continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2018 an increase of 45% against the previous year. As a result, import price reached the peak level of $45,940 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($28,729 per ton), while the price for China ($15,926 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+10.2%), while the prices for the other major suppliers experienced a decline.
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Singapore (FOB) - 2022
In 2022, the average export price for vitamins; vitamin B2 and its derivatives, unmixeds amounted to $24,219 per ton, falling by -6.9% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 55%. As a result, the export price reached the peak level of $48,530 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($51,626 per ton), while the average price for exports to Sri Lanka ($14,914 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 Taiwan (Chinese) (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Singapore
In 2022, imports of vitamins; vitamin B2 and its derivatives, unmixeds into Singapore declined modestly to 645 tons, dropping by -4.5% against 2021 figures. The total import volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 12%. As a result, imports reached the peak of 675 tons, and then dropped slightly in the following year.
In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds dropped slightly to $15M in 2022. In general, imports faced a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 7% against the previous year.
| Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 13.6 | 6.8 | 7.2 | 6.7 | -21.0% |
| Germany | 4.3 | 5.1 | 4.0 | 4.3 | 0.0% |
| United Kingdom | N/A | N/A | 1.0 | 1.1 | 10.0% |
| China | 1.2 | 1.2 | 1.2 | 1.1 | -2.9% |
| Others | 2.4 | 1.3 | 2.1 | 1.7 | -10.9% |
| Total | 21.6 | 14.4 | 15.4 | 14.9 | -11.6% |
Top Suppliers of Vitamins; Vitamin B2 and Its Derivatives, Unmixed to Singapore in 2022:
- South Korea (311.9 tons)
- Germany (214.2 tons)
- China (68.7 tons)
- United Kingdom (39.5 tons)
Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Singapore
In 2022, shipments abroad of vitamins; vitamin B2 and its derivatives, unmixeds was finally on the rise to reach 552 tons after two years of decline. In general, exports, however, recorded a pronounced setback.
In value terms, exports of vitamins; vitamin B2 and its derivatives, unmixeds expanded modestly to $13M in 2022. Overall, exports, however, continue to indicate a deep reduction.
| Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 4.0 | 2.1 | 1.8 | 2.8 | -11.2% |
| Indonesia | 2.1 | 2.6 | 2.9 | 2.6 | 7.4% |
| Australia | 1.1 | 0.8 | 0.8 | 1.3 | 5.7% |
| Bangladesh | 1.3 | 0.7 | 0.8 | 1.3 | 0.0% |
| Philippines | 2.0 | 1.6 | 1.2 | 1.2 | -15.7% |
| Vietnam | 2.0 | 0.8 | 0.9 | 1.1 | -18.1% |
| India | 5.1 | 0.9 | 0.6 | 0.5 | -53.9% |
| Others | 4.7 | 4.5 | 4.0 | 2.6 | -17.9% |
| Total | 22.2 | 14.0 | 13.0 | 13.4 | -15.5% |
Top Export Markets for Vitamins; Vitamin B2 and Its Derivatives, Unmixed from Singapore in 2022:
- Thailand (187.9 tons)
- Indonesia (101.5 tons)
- Vietnam (53.5 tons)
- Australia (42.7 tons)
- Philippines (33.7 tons)
- Bangladesh (28.9 tons)
- India (27.6 tons)
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This report provides an in-depth analysis of the vitamin market in Singapore.
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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 Singapore.
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This report provides an in-depth analysis of the global vitamin market.
248
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...
248
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...
