Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Myanmar - 2023
Contents:
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Myanmar (CIF) - 2022
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Myanmar (FOB) - 2022
- Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Myanmar
- Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Myanmar
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Myanmar (CIF) - 2022
In 2022, the average import price for vitamins; vitamin c and its derivatives, unmixeds amounted to $5,067 per ton, declining by -3.5% against the previous year. Overall, the import price showed a noticeable decline. The most prominent rate of growth was recorded in 2021 an increase of 51%. Over the period under review, average import prices hit record highs at $7,166 per ton in 2013; however, from 2014 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 Bangladesh ($9,211 per ton), while the price for Thailand ($1,794 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Myanmar (FOB) - 2022
In 2022, the average export price for vitamins; vitamin c and its derivatives, unmixeds amounted to $4,232 per ton, remaining relatively unchanged against the previous year. Overall, the export price recorded a perceptible slump. The most prominent rate of growth was recorded in 2021 a decrease of 99.9%. Over the period under review, the average export prices reached the maximum at $5,280 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the Philippines.
From 2015 to 2022, the rate of growth in terms of prices for the Philippines amounted to 0.0% per year.
Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Myanmar
In 2022, purchases abroad of vitamins; vitamin c and its derivatives, unmixeds decreased by -56.4% to 69 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded a remarkable increase. The growth pace was the most rapid in 2021 when imports increased by 76% against the previous year. As a result, imports attained the peak of 157 tons, and then fell markedly in the following year.
In value terms, imports of vitamins; vitamin c and its derivatives, unmixeds declined notably to $348K in 2022. In general, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 165%. As a result, imports reached the peak of $826K, and then shrank significantly in the following year.
| Import of Vitamins; Vitamin C and Its Derivatives, Unmixed in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 122 | 204 | 332 | 250 | 27.0% |
| Bangladesh | N/A | N/A | N/A | 40.6 | 0% |
| United Kingdom | 0.4 | 1.2 | 5.5 | 29.8 | 320.8% |
| Thailand | 13.8 | 15.1 | 25.7 | 8.4 | -15.3% |
| Germany | 9.7 | 19.6 | 18.5 | N/A | 38.1% |
| Vietnam | 1.1 | 5.3 | 65.9 | N/A | 674.0% |
| Malaysia | 2.6 | 4.0 | 28.6 | N/A | 231.7% |
| Indonesia | 40.0 | 12.4 | 214 | N/A | 131.3% |
| Others | 36.2 | 50.3 | 136 | 18.6 | -19.9% |
| Total | 226 | 312 | 826 | 348 | 15.5% |
Top Suppliers of Vitamins; Vitamin C and Its Derivatives, Unmixed to Myanmar in 2022:
- China (49.8 tons)
- United Kingdom (9.3 tons)
- Thailand (4.7 tons)
- Bangladesh (4.4 tons)
Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Myanmar
In 2022, exports of vitamins; vitamin c and its derivatives, unmixeds from Myanmar amounted to 2.6 tons, approximately mirroring the previous year's figure. Over the period under review, exports saw a significant expansion. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of vitamins; vitamin c and its derivatives, unmixeds amounted to $11K in 2022. In general, exports saw a significant expansion. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.
| Export of Vitamins; Vitamin C and Its Derivatives, Unmixed in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Philippines | N/A | N/A | 10.9 | 0% | |
| Thailand | 5.2 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 5.2 | N/A | 10.9 | 44.8% | |
Top Export Markets for Vitamins; Vitamin C and Its Derivatives, Unmixed from Myanmar in 2022:
- Philippines (2.6 tons)
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This report provides an in-depth analysis of the vitamin market in Myanmar.
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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 Myanmar.
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This report provides an in-depth analysis of the global vitamin market.
254
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.
386
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.
1458
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...
864
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...
254
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.
386
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.
1458
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...
864
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...
