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

Contents:

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

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

The average import price for vitamins; vitamin e and its derivatives, unmixeds stood at $6,829 per ton in 2022, surging by 28% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 44% against the previous year. As a result, import price attained the peak level of $7,609 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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 ($16,864 per ton), while the price for India totaled $4,584 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.0%), while the prices for the other major suppliers experienced a decline.

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

In 2022, overseas purchases of vitamins; vitamin e and its derivatives, unmixeds increased by 801% to 15 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports recorded significant growth. 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 $105K in 2022. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Vitamins; Vitamin E and Its Derivatives, Unmixed in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India27.26.34.454.225.8%
Belgium12.619.30.349.257.5%
China3.44.80.7N/A-54.6%
United Arab Emirates6.921.92.4N/A-41.0%
Others0.73.51.31.528.9%
Total50.755.89.110527.5%

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

  1. India (11.8 tons)
  2. Belgium (2.9 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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