Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Ecuador - 2022
Contents:
- Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Ecuador (CIF) - 2022
- Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Ecuador (FOB) - 2022
- Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Ecuador
- Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Ecuador
Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Ecuador (CIF) - 2022
In 2022, the average import price for vitamins; vitamin B6 and its derivatives, unmixeds amounted to $23,832 per ton, rising by 12% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible reduction. The pace of growth was the most pronounced in 2016 when the average import price increased by 61%. The import price peaked at $46,363 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($23,155 per ton), while the price for Germany totaled $22,115 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Ecuador (FOB) - 2022
The average export price for vitamins; vitamin B6 and its derivatives, unmixeds stood at $5,694 per ton in 2022, shrinking by -71% against the previous year. Over the period under review, the export price showed a abrupt contraction. The growth pace was the most rapid in 2015 when the average export price increased by 153%. As a result, the export price reached the peak level of $19,841 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for El Salvador.
From 2012 to 2022, the rate of growth in terms of prices for El Salvador amounted to -10.9% per year.
Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Ecuador
For the fourth year in a row, Ecuador recorded growth in supplies from abroad of vitamins; vitamin B6 and its derivatives, unmixeds, which increased by 28% to 70 tons in 2022. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +25.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +97.3% against 2019 indices. 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 skyrocketed to $1.7M in 2022. The total import value increased at an average annual rate of +11.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 644 | 665 | 399 | 1,584 | 35.0% |
| Germany | 20.7 | 98.8 | 68.6 | 4.6 | -39.4% |
| South Korea | 51.4 | 64.5 | 46.2 | N/A | -5.2% |
| Belgium | 47.2 | 44.3 | 23.7 | N/A | -29.1% |
| France | 42.5 | 15.8 | 9.8 | N/A | -52.0% |
| Netherlands | 5.3 | 71.3 | 230 | N/A | 558.8% |
| Others | 396 | 443 | 376 | 73.0 | -43.1% |
| Total | 1,207 | 1,402 | 1,154 | 1,662 | 11.3% |
Top Suppliers of Vitamins; Vitamin B6 and Its Derivatives, Unmixed to Ecuador in 2022:
- China (68.4 tons)
- Germany (0.2 tons)
Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Ecuador
In 2022, approx. 5.2 tons of vitamins; vitamin B6 and its derivatives, unmixeds were exported from Ecuador; growing by 314% on 2021. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 2,130% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of vitamins; vitamin B6 and its derivatives, unmixeds soared to $29K in 2022. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 4,856%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the near future.
| Export of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 0.1 | 0.5 | N/A | 29.4 | 564.9% |
| Costa Rica | N/A | N/A | 9.9 | N/A | 0% |
| Guatemala | N/A | N/A | 14.6 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.1 | 0.5 | 24.5 | 29.4 | 564.9% |
Top Export Markets for Vitamins; Vitamin B6 and Its Derivatives, Unmixed from Ecuador in 2022:
- El Salvador (5.2 tons)
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This report provides an in-depth analysis of the vitamin market in Ecuador.
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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 Ecuador.
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This report provides an in-depth analysis of the global vitamin market.
235
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.
369
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.
1435
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...
854
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...
235
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.
369
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.
1435
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...
854
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...
