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

Contents:

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

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

In 2022, the average import price for vitamins; vitamin B6 and its derivatives, unmixeds amounted to $19,706 per ton, with an increase of 12% against the previous year. In general, the import price, however, recorded a perceptible decline. The most prominent rate of growth was recorded in 2017 when the average import price increased by 50% against the previous year. Over the period under review, average import prices reached the maximum at $40,823 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -1.9% per year.

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

In 2022, the amount of vitamins; vitamin B6 and its derivatives, unmixeds imported into Sri Lanka dropped markedly to 63 tons, reducing by -28.9% on the previous year. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 53% against the previous year. As a result, imports attained the peak of 88 tons, and then declined significantly in the following year.

In value terms, imports of vitamins; vitamin B6 and its derivatives, unmixeds contracted sharply to $1.2M in 2022. Over the period under review, imports recorded a slight descent. The pace of growth appeared the most rapid in 2021 with an increase of 41% against the previous year. As a result, imports attained the peak of $1.6M, and then shrank dramatically in the following year.

Import of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,2461,0421,5131,234-0.3%
Singapore38.952.238.7N/A-0.3%
Others13.812.17.62.8-41.2%
Total1,2991,1071,5591,237-1.6%

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

  1. China (62.7 tons)

Source: IndexBox Market Intelligence Platform

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