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

Contents:

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

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

In 2022, the average import price for vitamins; vitamin e and its derivatives, unmixeds amounted to $70,998 per ton, picking up by 54% against the previous year. Overall, the import price posted a prominent expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 1,479% against the previous year. As a result, import price attained the peak level of $228,378 per ton. From 2017 to 2022, the average import prices remained at a 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 China ($72,970 per ton), while the price for Belgium ($25,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+30.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, imports of vitamins; vitamin e and its derivatives, unmixeds into Azerbaijan soared to 13 tons, growing by 475% compared with the year before. Overall, imports recorded a significant expansion. 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 surged to $942K in 2022. Over the period under review, imports showed a significant increase. 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 Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/A32.39222754.5%
IndiaN/AN/AN/A8.20%
Turkey36.433.93.98.1-39.4%
Germany0.86.5N/A0.6-9.1%
Switzerland0.619.4N/A0.5-5.9%
Argentina14.447.6N/AN/A230.6%
DenmarkN/AN/A67.9N/A0%
Others0.10.32.53.0210.7%
Total52.2108107942162.3%

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

  1. China (12.6 tons)
  2. Turkey (0.2 tons)
  3. India (0.2 tons)

Source: IndexBox Market Intelligence Platform

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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.

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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.

COVID Pandemic Instigates Global Vitamin Trade Growth
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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. 

Which Country Imports the Most Provitamins and Vitamins in the World?
May 28, 2018
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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...

Which Country Exports the Most Provitamins and Vitamins in the World?
May 28, 2018
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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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