Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Vietnam - 2022
Contents:
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Vietnam (CIF) - 2022
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Vietnam (FOB) - 2022
- Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Vietnam
- Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Vietnam
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Vietnam (CIF) - 2022
In 2022, the average import price for vitamins; vitamin c and its derivatives, unmixeds amounted to $7,053 per ton, standing approx. at the previous year. Over the period under review, the import price, however, continues to indicate a perceptible slump. The pace of growth was the most pronounced in 2017 when the average import price increased by 74%. Over the period under review, average import prices reached the maximum 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 Japan ($7,068 per ton) and China ($7,068 per ton), while the price for the UK ($6,953 per ton) and Singapore ($7,068 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-2.2%), while the prices for the other major suppliers experienced a decline.
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Vietnam (FOB) - 2022
In 2022, the average export price for vitamins; vitamin c and its derivatives, unmixeds amounted to $5,701 per ton, falling by -14.5% against the previous year. Over the period under review, the export price showed a pronounced setback. The pace of growth appeared the most rapid in 2018 an increase of 26%. As a result, the export price attained the peak level of $10,262 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to South Korea ($5,703 per ton) and Cambodia ($5,702 per ton), while the average price for exports to Indonesia ($5,701 per ton) and Lao People's Democratic Republic ($5,701 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 Singapore (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Vietnam
In 2022, the amount of vitamins; vitamin c and its derivatives, unmixeds imported into Vietnam reduced to 2.9K tons, shrinking by -11.3% compared with the year before. Over the period under review, imports continue to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 38% against the previous year.
In value terms, imports of vitamins; vitamin c and its derivatives, unmixeds shrank to $20M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +8.9% 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 +47.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 64% against the previous year. As a result, imports reached the peak of $23M, and then shrank in the following year.
| Import of Vitamins; Vitamin C and Its Derivatives, Unmixed in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.1 | 10.3 | 18.3 | 15.7 | 15.8% |
| United Kingdom | 2.9 | 2.4 | 2.9 | 2.4 | -6.1% |
| Singapore | 0.2 | 0.2 | 0.3 | 1.1 | 76.5% |
| Japan | 0.1 | 0.2 | 0.3 | 0.4 | 58.7% |
| Spain | 0.6 | 0.2 | 0.1 | N/A | -59.2% |
| France | 1.5 | 0.1 | N/A | N/A | -93.3% |
| Others | 0.3 | 0.2 | 0.5 | 0.7 | 32.6% |
| Total | 15.7 | 13.7 | 22.6 | 20.2 | 8.8% |
Top Suppliers of Vitamins; Vitamin C and Its Derivatives, Unmixed to Vietnam in 2022:
- China (2215.7 tons)
- United Kingdom (340.0 tons)
- Singapore (160.6 tons)
- Japan (51.5 tons)
- France (5.1 tons)
Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Vietnam
In 2022, shipments abroad of vitamins; vitamin c and its derivatives, unmixeds decreased by -38.3% to 24 tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a dramatic downturn. The growth pace was the most rapid in 2020 when exports increased by 4.7% against the previous year. As a result, the exports attained the peak of 58 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of vitamins; vitamin c and its derivatives, unmixeds reduced dramatically to $139K in 2022. Overall, exports saw a dramatic setback. The smallest decline of -6% was in 2020.
| Export of Vitamins; Vitamin C and Its Derivatives, Unmixed in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lao People's Democratic Republic | 57.5 | 47.5 | 1.2 | 67.6 | 5.5% |
| Indonesia | 61.9 | 113 | 125 | 33.1 | -18.8% |
| Cambodia | 2.1 | 2.2 | 8.3 | 29.3 | 140.7% |
| South Korea | N/A | N/A | N/A | 7.3 | 0% |
| Myanmar | N/A | N/A | 44.7 | 1.3 | -97.1% |
| Malaysia | 68.2 | 28.9 | N/A | N/A | -57.6% |
| United States | N/A | 291 | 75.9 | N/A | -73.9% |
| Singapore | 303 | N/A | N/A | N/A | 0% |
| Others | 19.7 | N/A | 7.9 | N/A | -36.7% |
| Total | 513 | 482 | 263 | 139 | -35.3% |
Top Export Markets for Vitamins; Vitamin C and Its Derivatives, Unmixed from Vietnam in 2022:
- Lao People's Democratic Republic (11.9 tons)
- Indonesia (5.8 tons)
- Cambodia (5.1 tons)
- South Korea (1.3 tons)
- Myanmar (0.2 tons)
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This report provides an in-depth analysis of the vitamin market in Vietnam.
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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 Vietnam.
2747
This report provides an in-depth analysis of the global vitamin market.
237
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.
371
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.
1438
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...
856
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...
237
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.
371
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.
1438
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...
856
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...
