Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Hong Kong SAR - 2023

Contents:

  1. Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Hong Kong SAR (CIF) - 2022
  2. Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Hong Kong SAR (FOB) - 2022
  3. Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Hong Kong SAR
  4. Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Hong Kong SAR

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

The average import price for vitamins; vitamin B6 and its derivatives, unmixeds stood at $48,781 per ton in 2022, waning by -1.6% against the previous year. Over the period under review, the import price, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2015 an increase of 89% against the previous year. Over the period under review, average import prices attained the peak figure at $83,107 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($67,375 per ton), while the price for China totaled $48,309 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.0%).

Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Hong Kong SAR (FOB) - 2022

The average export price for vitamins; vitamin B6 and its derivatives, unmixeds stood at $110,015 per ton in 2022, waning by -67% against the previous year. Overall, the export price, however, saw a prominent expansion. The pace of growth was the most pronounced in 2015 an increase of 82% against the previous year. The export price peaked at $333,800 per ton in 2021, and then fell rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($282,933 per ton), while the average price for exports to the United States amounted to $61,075 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+27.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Hong Kong SAR

In 2022, overseas purchases of vitamins; vitamin B6 and its derivatives, unmixeds increased by 20% to 1.6 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a mild setback.

In value terms, imports of vitamins; vitamin B6 and its derivatives, unmixeds soared to $79K in 2022. Overall, imports, however, continue to indicate a pronounced decline.

Import of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China80.761.560.576.1-1.9%
Netherlands8.119.56.42.7-30.7%
OthersN/AN/AN/AN/A0%
Total88.981.066.978.8-3.9%

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

  1. China (1575.0 kg)
  2. Netherlands (40.0 kg)

Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Hong Kong SAR

In 2022, the amount of vitamins; vitamin B6 and its derivatives, unmixeds exported from Hong Kong SAR skyrocketed to 68 kg, growing by 1,260% against 2021. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of vitamins; vitamin B6 and its derivatives, unmixeds skyrocketed to $7.5K in 2022. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Hong Kong SAR (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
United KingdomN/A4.20%
United StatesN/A3.20%
France1.7N/A0%
OthersN/AN/A0%
Total1.77.5341.2%

Top Export Markets for Vitamins; Vitamin B6 and Its Derivatives, Unmixed from Hong Kong SAR in 2022:

  1. United States (53.0 kg)
  2. United Kingdom (15.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Vitamins; vitamin B6 and its derivatives, unmixed - Hong Kong SAR