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

Contents:

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

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

In 2022, the average import price for vitamins; vitamin c and its derivatives, unmixeds amounted to $5,479 per ton, dropping by -18.7% against the previous year. Over the period under review, the import price saw a noticeable descent. The most prominent rate of growth was recorded in 2021 when the average import price increased by 57% against the previous year. The import price peaked at $6,796 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($12,273 per ton), while the price for France ($3,517 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for vitamins; vitamin c and its derivatives, unmixeds stood at $7,400 per ton in 2022, waning by -58.5% against the previous year. In general, the export price, however, showed a perceptible increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 123% against the previous year. Over the period under review, the average export prices hit record highs at $17,840 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($10,000 per ton), while the average price for exports to Ireland ($1,000 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 Cote d'Ivoire (+7.4%).

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

In 2022, overseas purchases of vitamins; vitamin c and its derivatives, unmixeds decreased by -28.6% to 87 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a abrupt setback. The pace of growth was the most pronounced in 2020 when imports increased by 67% against the previous year. As a result, imports attained the peak of 221 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of vitamins; vitamin c and its derivatives, unmixeds shrank significantly to $475K in 2022. In general, imports recorded a slight contraction. The most prominent rate of growth was recorded in 2020 with an increase of 91% against the previous year. As a result, imports reached the peak of $950K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Vitamins; Vitamin C and Its Derivatives, Unmixed in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China282425408206-9.9%
United Kingdom0.910791.372.6332.1%
United StatesN/A20.549.639.538.8%
India11.969.940.038.447.8%
France34.545.338.530.6-3.9%
Belgium1.761.564.418.7122.4%
Netherlands1.75.57.910.784.6%
Germany43.636.912.44.1-54.5%
Turkey13.334.8N/AN/A161.7%
Others10914310755.0-20.4%
Total498950819475-1.6%

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

  1. China (38.2 tons)
  2. United Kingdom (14.7 tons)
  3. France (8.7 tons)
  4. Belgium (4.8 tons)
  5. United States (3.8 tons)
  6. India (3.5 tons)
  7. Netherlands (1.4 tons)
  8. Germany (0.3 tons)

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

In 2022, exports of vitamins; vitamin c and its derivatives, unmixeds from Ghana shrank notably to 5 kg, waning by -94% compared with the year before. Overall, exports faced a sharp curtailment. The growth pace was the most rapid in 2021 when exports increased by 1,283% against the previous year. As a result, the exports reached the peak of 83 kg, and then shrank significantly in the following year.

In value terms, exports of vitamins; vitamin c and its derivatives, unmixeds contracted significantly to $37 in 2022. In general, exports showed a sharp setback. The growth pace was the most rapid in 2021 with an increase of 2,983%. As a result, the exports attained the peak of $1.5K, and then contracted remarkably in the following year.

Export of Vitamins; Vitamin C and Its Derivatives, Unmixed in Ghana (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'Ivoire54.023.015.020.0-28.2%
DenmarkN/AN/AN/A7.00%
IrelandN/AN/AN/A1.00%
NigeriaN/AN/A85.0N/A0%
KenyaN/AN/A1,370N/A0%
United Kingdom167N/AN/AN/A0%
South AfricaN/A21.0N/AN/A0%
CanadaN/A2.010.0N/A400.0%
OthersN/A2.0N/A9.0112.1%
Total22148.01,48037.0-44.9%

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

  1. Cote d'Ivoire (2.0 kg)
  2. Denmark (1.0 kg)
  3. Ireland (1.0 kg)
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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.

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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
Feb 8, 2022
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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?
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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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