Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in New Zealand - 2024

Contents:

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

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

In 2022, the average import price for vitamins; vitamin c and its derivatives, unmixeds amounted to $5,847 per ton, shrinking by -16.2% against the previous year. Over the period under review, the import price continues to indicate a slight setback. The growth pace was the most rapid in 2017 when the average import price increased by 72% against the previous year. Over the period under review, average import prices hit record highs at $9,350 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Australia ($5,847 per ton) and the United States ($5,847 per ton), while the price for China ($5,847 per ton) and the UK ($5,847 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.2%), while the prices for the other major suppliers experienced a decline.

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

The average export price for vitamins; vitamin c and its derivatives, unmixeds stood at $7,935 per ton in 2022, with an increase of 19% against the previous year. In general, the export price, however, recorded a slight contraction. The pace of growth appeared the most rapid in 2013 when the average export price increased by 217%. The export price peaked at $30,598 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Australia ($7,944 per ton) and French Polynesia ($7,936 per ton), while the average price for exports to Hong Kong SAR ($7,931 per ton) and Singapore ($7,935 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+3.2%), while the prices for the other major destinations experienced a decline.

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

In 2022, after two years of decline, there was significant growth in purchases abroad of vitamins; vitamin c and its derivatives, unmixeds, when their volume increased by 51% to 2.1K tons. The total import volume increased at an average annual rate of +3.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of vitamins; vitamin c and its derivatives, unmixeds surged to $12M in 2022. The total import value increased at an average annual rate of +9.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Vitamins; Vitamin C and Its Derivatives, Unmixed in New Zealand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.25.55.75.51.9%
China2.73.33.03.711.1%
PolandN/AN/AN/A1.90%
Australia0.20.60.20.535.7%
United Kingdom0.91.00.50.2-39.4%
Others0.10.20.20.344.2%
Total9.110.79.512.110.0%

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

  1. United States (940.0 tons)
  2. China (638.6 tons)
  3. Poland (317.6 tons)
  4. Australia (79.2 tons)
  5. United Kingdom (35.8 tons)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of vitamins; vitamin c and its derivatives, unmixeds, when their volume decreased by -19.1% to 68 tons. Overall, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +10.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 50%.

In value terms, exports of vitamins; vitamin c and its derivatives, unmixeds shrank slightly to $536K in 2022. The total export value increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 27%. As a result, the exports reached the peak of $591K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Vitamins; Vitamin C and Its Derivatives, Unmixed in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Fiji17536638130520.3%
China19.419.32.210575.6%
Singapore6.164.020.761.3115.8%
French Polynesia33.217.031.129.4-4.0%
Hong Kong SAR47.512.121.55.7-50.7%
Australia17184.854.53.8-71.9%
Others12.227.146.925.327.5%
Total4645915585364.9%

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

  1. Fiji (38.4 tons)
  2. China (13.3 tons)
  3. Singapore (7.7 tons)
  4. French Polynesia (3.7 tons)
  5. Hong Kong SAR (0.7 tons)
  6. Australia (0.5 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. 

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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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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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