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

Contents:

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

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

The average import price for vitamins; vitamin c and its derivatives, unmixeds stood at $5,369 per ton in 2022, waning by -33.7% against the previous year. Over the period under review, the import price saw a slight shrinkage. The pace of growth appeared the most rapid in 2017 an increase of 49%. The import price peaked at $8,718 per ton in 2018; however, from 2019 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 India ($19,822 per ton), while the price for China ($3,736 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for vitamins; vitamin c and its derivatives, unmixeds amounted to $13,616 per ton, reducing by -16.3% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 509% against the previous year. As a result, the export price reached the peak level of $78,000 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Kenya.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +134.3% per year.

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

In 2022, the amount of vitamins; vitamin c and its derivatives, unmixeds imported into Iran reduced sharply to 1.1K tons, waning by -36.6% against the previous year. Overall, imports showed a deep slump. The smallest decline of -2.5% was in 2020.

In value terms, imports of vitamins; vitamin c and its derivatives, unmixeds dropped sharply to $6.1M in 2022. Over the period under review, imports continue to indicate a sharp downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 16% against the previous year. As a result, imports attained the peak of $14M, and then declined sharply in the following year.

Import of Vitamins; Vitamin C and Its Derivatives, Unmixed in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.16.97.23.0-25.0%
Luxembourg1.40.92.31.2-5.0%
India0.50.91.00.4-7.2%
Turkey0.10.10.20.226.0%
United Arab Emirates1.81.10.90.1-61.8%
Germany1.00.40.10.1-53.6%
IrelandN/A0.10.20.10.0%
Others2.21.92.61.1-20.6%
Total14.112.414.46.1-24.4%

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

  1. China (793.2 tons)
  2. Luxembourg (171.6 tons)
  3. Turkey (47.1 tons)
  4. Ireland (21.8 tons)
  5. United Arab Emirates (21.7 tons)
  6. India (20.9 tons)
  7. Germany (4.2 tons)

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

For the fourth year in a row, Iran recorded growth in overseas shipments of vitamins; vitamin c and its derivatives, unmixeds, which increased by 1,685% to 464 kg in 2022. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 1,900%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of vitamins; vitamin c and its derivatives, unmixeds surged to $6.3K in 2022. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Vitamins; Vitamin C and Its Derivatives, Unmixed in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KenyaN/AN/AN/A6.30%
AfghanistanN/A0.40.4N/A0.0%
Others0.1N/A0.1N/A0.0%
Total0.10.50.46.3297.9%

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

  1. Kenya (464.0 kg)
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