Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in the United States - 2024

Contents:

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

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

The average import price for vitamins; vitamin B6 and its derivatives, unmixeds stood at $25,767 per ton in 2022, increasing by 6% against the previous year. Overall, the import price, however, recorded a mild slump. The growth pace was the most rapid in 2018 an increase of 30%. As a result, import price attained the peak level of $45,655 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($46,590 per ton), while the price for China amounted to $24,700 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.7%).

Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in the United States (FOB) - 2022

The average export price for vitamins; vitamin B6 and its derivatives, unmixeds stood at $31,890 per ton in 2022, increasing by 19% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($44,889 per ton), while the average price for exports to Germany ($9,182 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in the United States

In 2022, purchases abroad of vitamins; vitamin B6 and its derivatives, unmixeds decreased by -6.4% to 1.4K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 39% against the previous year. As a result, imports attained the peak of 1.7K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of vitamins; vitamin B6 and its derivatives, unmixeds declined modestly to $37M in 2022. Overall, imports saw a slight decline. The most prominent rate of growth was recorded in 2020 when imports increased by 12% against the previous year. As a result, imports reached the peak of $43M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China34.436.934.333.5-0.9%
Germany2.84.61.52.0-10.6%
Others0.61.11.11.122.4%
Total37.942.536.936.6-1.2%

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

  1. China (1355.5 tons)
  2. Germany (42.9 tons)

Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in the United States

Exports of vitamins; vitamin B6 and its derivatives, unmixeds from the United States rose sharply to 229 tons in 2022, growing by 8.3% on the previous year. The total export volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of vitamins; vitamin B6 and its derivatives, unmixeds soared to $7.3M in 2022. The total export value increased at an average annual rate of +13.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada2,5103,1273,1643,66213.4%
Colombia18.48.33.6766246.6%
Hong Kong SAR47.7N/A17.4626135.9%
Chile5.2N/AN/A441339.4%
Netherlands809960873241-33.2%
South Korea10218020424133.2%
Mexico12520959.216810.4%
Germany74.825.947.310512.0%
China34.582.520189.437.4%
United Kingdom93.613114466.6-10.7%
Austria23.710.922.853.731.3%
Singapore18648.215741.0-39.6%
Philippines53.443.44.011.6-39.9%
Others876707762798-3.1%
Total4,9605,5335,6607,31013.8%

Top Export Markets for Vitamins; Vitamin B6 and Its Derivatives, Unmixed from the United States in 2022:

  1. Canada (85.5 tons)
  2. Colombia (38.5 tons)
  3. Chile (15.0 tons)
  4. Hong Kong SAR (14.7 tons)
  5. Netherlands (11.4 tons)
  6. Germany (11.4 tons)
  7. South Korea (6.5 tons)
  8. Mexico (6.0 tons)
  9. Austria (4.6 tons)
  10. United Kingdom (3.6 tons)
  11. China (3.4 tons)
  12. Philippines (1.0 tons)
  13. Singapore (0.9 tons)

Source: IndexBox Market Intelligence Platform

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Oct 6, 2023
Eye 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.

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Eye 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. 

Which Country Imports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 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...

Which Country Exports the Most Provitamins and Vitamins in the World?
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Free Data: Vitamins; vitamin B6 and its derivatives, unmixed - United States