Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Argentina - 2023

Contents:

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

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

The average import price for vitamins; vitamin e and its derivatives, unmixeds stood at $13,211 per ton in 2022, with an increase of 25% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 64% against the previous year. The import price peaked at $13,356 per ton in 2012; however, from 2013 to 2022, import prices stood 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 Spain ($38,246 per ton), while the price for Germany ($8,310 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 E and Its Derivatives, Unmixed in Argentina (FOB) - 2022

The average export price for vitamins; vitamin e and its derivatives, unmixeds stood at $28,787 per ton in 2022, falling by -42.2% against the previous year. Overall, the export price showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 when the average export price increased by 65%. Over the period under review, the average export prices reached the maximum at $72,137 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($53,892 per ton), while the average price for exports to Bolivia ($11,813 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 the United States (+4.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

For the fourth consecutive year, Argentina recorded growth in supplies from abroad of vitamins; vitamin e and its derivatives, unmixeds, which increased by 0.1% to 1.9K tons in 2022. Overall, imports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 75% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of vitamins; vitamin e and its derivatives, unmixeds soared to $25M in 2022. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 127%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Import of Vitamins; Vitamin E and Its Derivatives, Unmixed in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/AN/A6.79.338.8%
Germany1.84.37.38.869.7%
Switzerland1.31.62.13.944.2%
China2.22.02.81.7-8.2%
Others0.70.80.91.116.3%
Total5.98.719.824.861.4%

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

  1. Germany (1060.2 tons)
  2. Switzerland (421.3 tons)
  3. Spain (242.2 tons)
  4. China (114.9 tons)

Exports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Argentina

For the third consecutive year, Argentina recorded decline in overseas shipments of vitamins; vitamin e and its derivatives, unmixeds, which decreased by -86.6% to 72 tons in 2022. Over the period under review, exports showed a dramatic decline. The smallest decline of -0.8% was in 2020.

In value terms, exports of vitamins; vitamin e and its derivatives, unmixeds reduced markedly to $2.1M in 2022. In general, exports showed a precipitous curtailment. The growth pace was the most rapid in 2021 with an increase of 46% against the previous year. As a result, the exports reached the peak of $27M, and then contracted rapidly in the following year.

Export of Vitamins; Vitamin E and Its Derivatives, Unmixed in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile10.67.34.01.4-49.1%
Bolivia4.511.1N/A0.4-55.4%
ParaguayN/AN/AN/A0.20%
Uruguay3.9N/A2.90.1-70.5%
PeruN/AN/A19.9N/A0%
Others1.0N/AN/AN/A0%
Total19.918.426.82.1-52.7%

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

  1. Bolivia (35.7 tons)
  2. Chile (25.4 tons)
  3. Uruguay (6.8 tons)
  4. Paraguay (4.3 tons)

Source: IndexBox Market Intelligence Platform

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