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

Contents:

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

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

In 2022, the average import price for vitamins; vitamin B6 and its derivatives, unmixeds amounted to $25,192 per ton, falling by -2.7% against the previous year. Over the period under review, the import price showed a pronounced reduction. The most prominent rate of growth was recorded in 2013 an increase of 42% against the previous year. As a result, import price attained the peak level of $57,077 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($52,000 per ton), while the price for India amounted to $24,120 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

For the fourth consecutive year, Uganda recorded growth in supplies from abroad of vitamins; vitamin B6 and its derivatives, unmixeds, which increased by 24% to 52 kg in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +16.4% 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 +57.6% 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 surged to $1.3K in 2022. The total import value increased at an average annual rate of +13.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Uganda (USD)
COUNTRY2019202020212022CAGR,
2019-2022
India17.0N/A5911,206314.0%
NetherlandsN/AN/AN/A52.00%
Switzerland50690922.0N/A-79.1%
China156N/AN/AN/A0%
United Kingdom11282.0474N/A105.7%
Others111N/AN/A52.0-22.3%
Total9029911,0871,31013.2%

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

  1. India (50.0 kg)
  2. Netherlands (1.0 kg)

Source: IndexBox Market Intelligence Platform

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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. 

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