Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Australia - 2024
Contents:
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Australia (CIF) - 2024
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Australia (FOB) - 2024
- Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Australia
- Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Australia
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Australia (CIF) - 2024
In January 2024, the average import price for vitamins; vitamin c and its derivatives, unmixeds amounted to $3,253 per ton, which is down by -2.2% against the previous month. In general, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in May 2023 an increase of 39% m-o-m. Over the period under review, average import prices attained the maximum at $6,412 per ton in January 2023; however, from February 2023 to January 2024, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From January 2023 to January 2024, the rate of growth in terms of prices for China amounted to -5.5% per month.
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Australia (FOB) - 2024
The average export price for vitamins; vitamin c and its derivatives, unmixeds stood at $15,889 per ton in January 2024, rising by 76% against the previous month. Overall, the export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in April 2023 an increase of 124% against the previous month. The export price peaked at $25,234 per ton in September 2023; however, from October 2023 to January 2024, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From January 2023 to January 2024, the rate of growth in terms of prices for China amounted to +21.3% per month.
Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Australia
Imports of vitamins; vitamin c and its derivatives, unmixeds into Australia skyrocketed to 4.1K tons in 2022, growing by 31% against the year before. The total import volume increased at an average annual rate of +13.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of vitamins; vitamin c and its derivatives, unmixeds amounted to $21M in 2022. The total import value increased at an average annual rate of +12.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 29%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Vitamins; Vitamin C and Its Derivatives, Unmixed in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.5 | 16.1 | 18.1 | 19.3 | 15.6% |
| France | 1.0 | 1.1 | 0.4 | 0.8 | -7.2% |
| Others | 1.6 | 2.4 | 2.1 | 1.4 | -4.4% |
| Total | 15.2 | 19.6 | 20.5 | 21.5 | 12.3% |
Top Suppliers of Vitamins; Vitamin C and Its Derivatives, Unmixed to Australia in 2022:
- China (3.9K tons)
- France (0.1K tons)
Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Australia
In 2022, exports of vitamins; vitamin c and its derivatives, unmixeds from Australia surged to 1.1K tons, with an increase of 458% against 2021. Over the period under review, exports continue to indicate a significant expansion. 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 c and its derivatives, unmixeds skyrocketed to $9M in 2022. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Vitamins; Vitamin C and Its Derivatives, Unmixed in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.8 | 7.1 | 3.8 | 5,072 | 1312.4% |
| China | N/A | 153 | 747 | 1,555 | 218.8% |
| Thailand | 1.0 | 1.4 | 154 | 878 | 857.6% |
| Singapore | 32.7 | 179 | 318 | 395 | 129.4% |
| New Zealand | 192 | 423 | 601 | 256 | 10.1% |
| Malaysia | 64.9 | 239 | 261 | 25.6 | -26.7% |
| Saudi Arabia | 228 | 609 | 68.3 | N/A | -45.3% |
| Others | 261 | 651 | 551 | 822 | 46.6% |
| Total | 781 | 2,262 | 2,704 | 9,003 | 125.9% |
Top Export Markets for Vitamins; Vitamin C and Its Derivatives, Unmixed from Australia in 2022:
- United States (575.4 tons)
- Thailand (268.9 tons)
- China (202.1 tons)
- Singapore (13.2 tons)
- New Zealand (7.6 tons)
- Malaysia (1.0 tons)
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This report provides an in-depth analysis of the vitamin market in Australia.
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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 Australia.
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This report provides an in-depth analysis of the global vitamin market.
250
In November 2022, the vitamin price stood at $2,605 per ton (FOB, Australia), declining by -91.2% against the previous month.
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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.
371
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.
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...
856
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...
250
In November 2022, the vitamin price stood at $2,605 per ton (FOB, Australia), declining by -91.2% against the previous month.
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.
371
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.
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...
856
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...
