Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Canada - 2024
Contents:
- Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Canada (CIF) - 2024
- Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Canada (FOB) - 2022
- Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Canada
- Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Canada
Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Canada (CIF) - 2024
The average import price for vitamins; vitamin B6 and its derivatives, unmixeds stood at $28,605 per ton in January 2024, surging by 7.1% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 an increase of 76% month-to-month. Over the period under review, average import prices hit record highs at $43,416 per ton in October 2023; however, from November 2023 to January 2024, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($53,988 per ton), while the price for Germany ($18,520 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the UK (+21.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Canada (FOB) - 2022
In 2022, the average export price for vitamins; vitamin B6 and its derivatives, unmixeds amounted to $32,150 per ton, increasing by 7.4% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 74% against the previous year. Over the period under review, the average export prices hit record highs at $48,920 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($33,076 per ton) and India ($29,803 per ton), while the average price for exports to China ($29,567 per ton) and Brazil ($29,765 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+99.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Canada
Imports of vitamins; vitamin B6 and its derivatives, unmixeds into Canada skyrocketed to 221 tons in 2022, rising by 31% against the year before. The total import volume increased at an average annual rate of +7.7% from 2019 to 2022; however, the trend pattern 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 B6 and its derivatives, unmixeds expanded notably to $5.5M in 2022. The total import value increased at an average annual rate of +6.8% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 13% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.
| Import of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.7 | 3.1 | 4.4 | 4.1 | 3.5% |
| Germany | 0.8 | 1.1 | 0.2 | 0.6 | -9.1% |
| Italy | N/A | N/A | N/A | 0.4 | 0% |
| United States | 0.1 | 0.1 | 0.3 | 0.2 | 26.0% |
| Netherlands | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 4.5 | 4.4 | 5.0 | 5.5 | 6.9% |
Top Suppliers of Vitamins; Vitamin B6 and Its Derivatives, Unmixed to Canada in 2022:
- China (172.9 tons)
- Germany (17.6 tons)
- Italy (15.3 tons)
- United States (6.8 tons)
- Netherlands (4.0 tons)
Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Canada
In 2022, approx. 3.1 tons of vitamins; vitamin B6 and its derivatives, unmixeds were exported from Canada; with a decrease of -71.8% against the previous year's figure. In general, exports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 779%. As a result, the exports reached the peak of 11 tons, and then dropped dramatically in the following year.
In value terms, exports of vitamins; vitamin B6 and its derivatives, unmixeds reduced markedly to $100K in 2022. Over the period under review, exports continue to indicate a dramatic decline. The pace of growth appeared the most rapid in 2021 when exports increased by 438%. As a result, the exports attained the peak of $331K, and then contracted dramatically in the following year.
| Export of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 280 | 52.3 | 191 | 75.2 | -35.5% |
| China | N/A | 0.9 | 4.9 | 12.6 | 274.2% |
| India | N/A | N/A | 0.1 | 6.0 | 5900.0% |
| Brazil | N/A | N/A | 3.9 | 2.9 | -25.6% |
| Iran | N/A | N/A | 95.2 | N/A | 0% |
| Turkey | N/A | N/A | 32.1 | N/A | 0% |
| Others | 14.6 | 8.4 | 4.5 | 3.5 | -37.9% |
| Total | 295 | 61.6 | 331 | 100 | -30.3% |
Top Export Markets for Vitamins; Vitamin B6 and Its Derivatives, Unmixed from Canada in 2022:
- United States (2274.0 kg)
- China (427.0 kg)
- India (203.0 kg)
- Brazil (98.0 kg)
- Turkey (1.0 kg)
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This report provides an in-depth analysis of the vitamin market in Canada.
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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 Canada.
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This report provides an in-depth analysis of the global vitamin market.
441
In June 2023, the Vitamin price in Canada was $12,803 per ton (CIF), showing a decrease of 15.2% compared to the previous month.
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...
441
In June 2023, the Vitamin price in Canada was $12,803 per ton (CIF), showing a decrease of 15.2% compared to the previous month.
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...
