Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Colombia - 2022

Contents:

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

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

The average import price for vitamins; vitamin c and its derivatives, unmixeds stood at $6,742 per ton in February 2022, increasing by 17% against the previous month. Over the period under review, import price indicated mild growth from February 2021 to February 2022: its price increased at an average monthly rate of +1.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, import price for vitamins; vitamin c and its derivatives, unmixeds decreased by -13.3% against November 2021 indices. The most prominent rate of growth was recorded in August 2021 an increase of 93% m-o-m. As a result, import price reached the peak level of $10,270 per ton. From September 2021 to February 2022, the average 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 February 2021 to February 2022, the rate of growth in terms of prices for China amounted to +1.9% per month.

Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Colombia (FOB) - 2022

The average export price for vitamins; vitamin c and its derivatives, unmixeds stood at $13,464 per ton in 2022, jumping by 63% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 90%. The export price peaked at $14,103 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($31,417 per ton), while the average price for exports to Peru ($5,845 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 Chile (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Colombia

In 2022, imports of vitamins; vitamin c and its derivatives, unmixeds into Colombia skyrocketed to 1.9K tons, picking up by 24% compared with 2021. In general, imports continue to indicate a relatively flat trend pattern.

In value terms, imports of vitamins; vitamin c and its derivatives, unmixeds soared to $11M in 2022. The total import value increased at an average annual rate of +11.0% from 2019 to 2022; 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 20% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Vitamins; Vitamin C and Its Derivatives, Unmixed in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.58.57.89.613.9%
United Kingdom1.41.11.41.2-5.0%
Others0.50.40.60.711.9%
Total8.410.09.811.410.7%

Top Suppliers of Vitamins; Vitamin C and Its Derivatives, Unmixed to Colombia in 2022:

  1. China (1735.2 tons)
  2. United Kingdom (87.3 tons)

Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Colombia

After three years of growth, overseas shipments of vitamins; vitamin c and its derivatives, unmixeds decreased by -38.2% to 59 tons in 2022. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 205%. As a result, the exports attained the peak of 95 tons, and then contracted notably in the following year.

In value terms, exports of vitamins; vitamin c and its derivatives, unmixeds amounted to $788K in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 117% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Vitamins; Vitamin C and Its Derivatives, Unmixed in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Venezuela43.6207315368103.6%
Brazil39.21.027.318166.5%
Mexico4.1N/A234144227.5%
United States1.96.9N/A30.6152.5%
ChileN/AN/AN/A24.40%
PeruN/A6.521.223.489.7%
Ecuador94.948.818517.0-43.6%
Others0.490.70.80.2-20.6%
Total18436178478862.4%

Top Export Markets for Vitamins; Vitamin C and Its Derivatives, Unmixed from Colombia in 2022:

  1. Venezuela (24.3 tons)
  2. Brazil (12.5 tons)
  3. Mexico (11.6 tons)
  4. Peru (4.0 tons)
  5. Chile (3.5 tons)
  6. Ecuador (1.7 tons)
  7. United States (1.0 tons)
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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.

COVID Pandemic Instigates Global Vitamin Trade Growth
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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. 

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

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