Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Cameroon - 2022

Contents:

  1. Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Cameroon (CIF) - 2022
  2. Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Cameroon

Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Cameroon (CIF) - 2022

The average import price for vitamins; vitamin B6 and its derivatives, unmixeds stood at $29,806 per ton in 2022, with an increase of 16% against the previous year. In general, the import price, however, saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2018 when the average import price increased by 59%. As a result, import price reached the peak level of $62,959 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

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 India ($44,857 per ton), while the price for China ($17,900 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+16.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Cameroon

After two years of decline, purchases abroad of vitamins; vitamin B6 and its derivatives, unmixeds increased by 157% to 36 kg in 2022. Overall, imports, however, continue to indicate a abrupt downturn.

In value terms, imports of vitamins; vitamin B6 and its derivatives, unmixeds surged to $1.1K in 2022. Over the period under review, imports, however, continue to indicate a significant contraction.

Import of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Cameroon (USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2,081376114628-32.9%
China380176193358-2.0%
Germany17153.052.087.0-20.2%
OthersN/AN/AN/AN/A0%
Total2,6326053591,073-25.9%

Top Suppliers of Vitamins; Vitamin B6 and Its Derivatives, Unmixed to Cameroon in 2022:

  1. China (20.0 kg)
  2. India (14.0 kg)
  3. Germany (2.0 kg)

Source: IndexBox Market Intelligence Platform

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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.

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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. 

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