Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Algeria - 2022

Contents:

  1. Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Algeria (CIF) - 2022
  2. Imports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Algeria

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

In 2022, the average import price for vitamins; vitamin e and its derivatives, unmixeds amounted to $13,791 per ton, rising by 8.2% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 56%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the near future.

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 Belgium ($27,017 per ton), while the price for France ($11,985 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Algeria

In 2022, the amount of vitamins; vitamin e and its derivatives, unmixeds imported into Algeria expanded rapidly to 265 tons, increasing by 14% against 2021 figures. The total import volume increased at an average annual rate of +5.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of vitamins; vitamin e and its derivatives, unmixeds soared to $3.7M in 2022. In general, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 50%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Vitamins; Vitamin E and Its Derivatives, Unmixed in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France4896298081,15233.1%
Spain59.653045938285.8%
ItalyN/A24.619.5260225.1%
Belgium27414.02.022.6-56.5%
EgyptN/AN/A360N/A0%
Others8491,3171,3071,84029.4%
Total1,6712,5152,9553,65729.8%

Top Suppliers of Vitamins; Vitamin E and Its Derivatives, Unmixed to Algeria in 2022:

  1. France (96.2 tons)
  2. Spain (17.9 tons)
  3. Italy (17.2 tons)
  4. Belgium (0.8 tons)

Source: IndexBox Market Intelligence Platform

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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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Free Data: Vitamins; vitamin E and its derivatives, unmixed - Algeria