Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in South Africa - 2024
Contents:
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in South Africa (CIF) - 2022
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in South Africa (FOB) - 2022
- Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in South Africa
- Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in South Africa
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in South Africa (CIF) - 2022
The average import price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $19,099 per ton in 2022, dropping by -8.2% against the previous year. Overall, the import price showed a drastic downturn. The growth pace was the most rapid in 2018 an increase of 31% against the previous year. As a result, import price reached the peak level of $47,141 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($59,041 per ton), while the price for South Korea ($10,853 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.3%), while the prices for the other major suppliers experienced a decline.
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in South Africa (FOB) - 2022
In 2022, the average export price for vitamins; vitamin B2 and its derivatives, unmixeds amounted to $148,922 per ton, increasing by 47% against the previous year. Over the period under review, the export price posted a significant expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 220%. The export price peaked in 2022 and is expected to retain growth in the near future.
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 Switzerland ($245,325 per ton), while the average price for exports to Lesotho ($8,417 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 Switzerland (+22.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in South Africa
Imports of vitamins; vitamin B2 and its derivatives, unmixeds into South Africa skyrocketed to 178 tons in 2022, increasing by 71% compared with the year before. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +12.5% over the last three-year period. 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 B2 and its derivatives, unmixeds surged to $3.4M in 2022. In general, imports, however, recorded a abrupt downturn.
| Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,640 | 887 | 632 | 1,232 | -9.1% |
| China | 1,079 | 1,333 | 1,023 | 1,027 | -1.6% |
| South Korea | 942 | 688 | 333 | 814 | -4.8% |
| France | 303 | 127 | 135 | 288 | -1.7% |
| United Kingdom | 60.8 | 70.7 | 0.2 | 32.2 | -19.1% |
| Others | 34.4 | 238 | 43.8 | 2.5 | -58.3% |
| Total | 4,059 | 3,343 | 2,166 | 3,396 | -5.8% |
Top Suppliers of Vitamins; Vitamin B2 and Its Derivatives, Unmixed to South Africa in 2022:
- South Korea (75.0 tons)
- China (50.9 tons)
- Germany (44.8 tons)
- France (4.9 tons)
- United Kingdom (2.2 tons)
Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in South Africa
In 2022, shipments abroad of vitamins; vitamin B2 and its derivatives, unmixeds decreased by -26.9% to 4.4 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 101%.
In value terms, exports of vitamins; vitamin B2 and its derivatives, unmixeds reached $659K in 2022. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 58% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 222 | 334 | 551 | 590 | 38.5% |
| Germany | N/A | N/A | N/A | 39.3 | 0% |
| Namibia | 0.4 | 4.2 | 5.3 | 11.3 | 204.6% |
| Zimbabwe | 9.3 | 14.0 | 14.6 | 6.9 | -9.5% |
| Swaziland | 4.1 | 0.2 | 18.3 | 3.2 | -7.9% |
| Kenya | 9.8 | N/A | N/A | N/A | 0% |
| United Arab Emirates | N/A | 0.9 | 21.4 | N/A | 2277.8% |
| Others | 2.1 | 35.4 | 2.8 | 7.6 | 53.5% |
| Total | 248 | 389 | 613 | 659 | 38.5% |
Top Export Markets for Vitamins; Vitamin B2 and Its Derivatives, Unmixed from South Africa in 2022:
- Switzerland (2406.0 kg)
- Germany (760.0 kg)
- Namibia (642.0 kg)
- Swaziland (310.0 kg)
- Zimbabwe (191.0 kg)
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This report provides an in-depth analysis of the vitamin market in South Africa.
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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 South Africa.
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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.
371
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.
1439
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...
856
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.
371
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.
1439
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...
856
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...
