Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Pakistan - 2023
Contents:
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Pakistan (CIF) - 2023
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Pakistan (FOB) - 2022
- Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Pakistan
- Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Pakistan
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Pakistan (CIF) - 2023
In July 2023, the average import price for vitamins; vitamin c and its derivatives, unmixeds amounted to $4,740 per ton, with a decrease of -64% against the previous month. Overall, the import price showed a abrupt decrease. The growth pace was the most rapid in October 2022 when the average import price increased by 6.5% m-o-m. The import price peaked at $17,033 per ton in December 2022; however, from January 2023 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($14,605 per ton), while the price for South Korea ($1,779 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the UK (-7.9%), while the prices for the other major suppliers experienced a decline.
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Pakistan (FOB) - 2022
In 2022, the average export price for vitamins; vitamin c and its derivatives, unmixeds amounted to $19,217 per ton, rising by 4.6% against the previous year. Overall, the export price enjoyed a prominent increase. The pace of growth appeared the most rapid in 2021 an increase of 341%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($91,800 per ton), while the average price for exports to Singapore ($3,000 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 China (+37.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Pakistan
After two years of decline, purchases abroad of vitamins; vitamin c and its derivatives, unmixeds increased by 116% to 526 tons in 2022. In general, imports saw a remarkable increase. 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 skyrocketed to $8.8M in 2022. The total import value increased at an average annual rate of +3.6% 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.
| Import of Vitamins; Vitamin C and Its Derivatives, Unmixed in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.4 | 6.1 | 5.7 | 8.3 | 3.9% |
| South Korea | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Others | 0.3 | 0.3 | 0.3 | 0.4 | 10.1% |
| Total | 7.9 | 6.4 | 6.1 | 8.8 | 3.7% |
Top Suppliers of Vitamins; Vitamin C and Its Derivatives, Unmixed to Pakistan in 2022:
- China (501.2 tons)
- South Korea (8.4 tons)
Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Pakistan
In 2022, shipments abroad of vitamins; vitamin c and its derivatives, unmixeds increased by 8.7% to 175 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a dramatic descent.
In value terms, exports of vitamins; vitamin c and its derivatives, unmixeds rose sharply to $3.4K in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 27% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Vitamins; Vitamin C and Its Derivatives, Unmixed in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sri Lanka | N/A | N/A | 2.9 | 1.8 | -37.9% |
| Angola | N/A | N/A | N/A | 1.1 | 0% |
| China | N/A | N/A | N/A | 0.5 | 0% |
| Singapore | 2.1 | 2.3 | N/A | N/A | 9.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.1 | 2.3 | 3.0 | 3.4 | 17.4% |
Top Export Markets for Vitamins; Vitamin C and Its Derivatives, Unmixed from Pakistan in 2022:
- Sri Lanka (87.0 kg)
- Angola (82.0 kg)
- China (5.0 kg)
- Singapore (1.0 kg)
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This report provides an in-depth analysis of the vitamin market in Pakistan.
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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 Pakistan.
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This report provides an in-depth analysis of the global vitamin market.
235
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.
369
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.
1437
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...
854
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...
235
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.
369
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.
1437
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...
854
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...
