Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Morocco - 2023
Contents:
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Morocco (CIF) - 2023
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Morocco (FOB) - 2022
- Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Morocco
- Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Morocco
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Morocco (CIF) - 2023
In June 2023, the average import price for vitamins; vitamin c and its derivatives, unmixeds amounted to $6,822 per ton, rising by 15% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 an increase of 95% month-to-month. The import price peaked at $8,872 per ton in October 2022; however, from November 2022 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the UK ($9,262 per ton), while the price for China stood at $3,879 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the UK (-2.0%).
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Morocco (FOB) - 2022
In 2022, the average export price for vitamins; vitamin c and its derivatives, unmixeds amounted to $9,484 per ton, growing by 28% against the previous year. In general, the export price recorded a modest expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 129%. As a result, the export price attained the peak level of $12,881 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mauritania ($17,500 per ton), while the average price for exports to Spain totaled $9,461 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (+34.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Morocco
In 2022, the amount of vitamins; vitamin c and its derivatives, unmixeds imported into Morocco skyrocketed to 650 tons, picking up by 66% against the previous year. Overall, imports showed a significant increase. 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 skyrocketed to $4.4M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Vitamins; Vitamin C and Its Derivatives, Unmixed in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.4 | 1.2 | 2.2 | 3.3 | 33.1% |
| United Kingdom | N/A | 0.4 | 0.4 | 1.1 | 65.8% |
| Others | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Total | 1.5 | 1.6 | 2.6 | 4.4 | 43.1% |
Top Suppliers of Vitamins; Vitamin C and Its Derivatives, Unmixed to Morocco in 2022:
- China (549.6 tons)
- United Kingdom (93.5 tons)
Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Morocco
In 2022, after two years of growth, there was significant decline in shipments abroad of vitamins; vitamin c and its derivatives, unmixeds, when their volume decreased by -46% to 702 kg. Overall, exports, however, enjoyed a temperate expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 93% against the previous year. As a result, the exports attained the peak of 1.3 tons, and then dropped dramatically in the following year.
In value terms, exports of vitamins; vitamin c and its derivatives, unmixeds reduced markedly to $6.7K in 2022. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 47% against the previous year. As a result, the exports attained the peak of $9.6K, and then declined notably in the following year.
| Export of Vitamins; Vitamin C and Its Derivatives, Unmixed in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Spain | N/A | 3.3 | 6.6 | 100.0% | |
| Mauritania | 6.5 | 6.3 | N/A | -3.1% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 6.5 | 9.6 | 6.7 | 1.5% | |
Top Export Markets for Vitamins; Vitamin C and Its Derivatives, Unmixed from Morocco in 2022:
- Spain (700.0 kg)
- Mauritania (2.0 kg)
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This report provides an in-depth analysis of the vitamin market in Morocco.
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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 Morocco.
2774
This report provides an in-depth analysis of the global vitamin market.
264
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.
393
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.
1472
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...
867
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...
264
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.
393
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.
1472
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...
867
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...
