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

Contents:

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

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

The average import price for vitamins; vitamin c and its derivatives, unmixeds stood at $5,212 per ton in 2022, growing by 13% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 43% against the previous year. As a result, import price attained the peak level of $5,638 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Costa Rica ($13,651 per ton), while the price for China ($4,633 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for vitamins; vitamin c and its derivatives, unmixeds amounted to $7,243 per ton, declining by -4.8% against the previous year. Over the period under review, the export price saw a deep setback. The most prominent rate of growth was recorded in 2017 when the average export price increased by 67%. The export price peaked at $15,584 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 Ecuador ($27,621 per ton), while the average price for exports to Free Zones ($6,303 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 Colombia (+34.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of vitamins; vitamin c and its derivatives, unmixeds into Peru declined markedly to 1.2K tons in 2022, waning by -26% against the previous year's figure. Overall, total imports indicated a noticeable increase from 2019 to 2022: its volume increased at an average annual rate of +3.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +15.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 56%. As a result, imports reached the peak of 1.6K tons, and then contracted notably in the following year.

In value terms, imports of vitamins; vitamin c and its derivatives, unmixeds dropped markedly to $6.2M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +8.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 98%. As a result, imports attained the peak of $7.4M, and then contracted markedly in the following year.

Import of Vitamins; Vitamin C and Its Derivatives, Unmixed in Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.82.96.25.110.3%
Costa RicaN/AN/A0.50.4-20.0%
France0.40.20.10.1-37.0%
GermanyN/AN/AN/A0.10%
Others0.70.70.70.4-17.0%
Total4.83.87.46.28.9%

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

  1. China (1099.3 tons)
  2. Costa Rica (30.5 tons)
  3. Germany (22.0 tons)
  4. France (15.6 tons)

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

In 2022, shipments abroad of vitamins; vitamin c and its derivatives, unmixeds decreased by -6% to 70 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 3.3%.

In value terms, exports of vitamins; vitamin c and its derivatives, unmixeds dropped to $504K in 2022. The total export value increased at an average annual rate of +11.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 27%.

Export of Vitamins; Vitamin C and Its Derivatives, Unmixed in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones22533536540021.1%
EcuadorN/A38.2N/A72.337.6%
Bolivia58.330.518819.5-30.6%
Colombia83.7N/AN/AN/A0%
OthersN/A61.29.211.5-56.7%
Total36746556250411.2%

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

  1. Free Zones (63.5 tons)
  2. Bolivia (3.0 tons)
  3. Ecuador (2.6 tons)
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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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