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

Contents:

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

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

In 2022, the average import price for vitamins; vitamin e and its derivatives, unmixeds amounted to $11,060 per ton, remaining constant against the previous year. Over the period under review, the import price showed a abrupt shrinkage. The pace of growth was the most pronounced in 2020 an increase of 23% against the previous year. Over the period under review, average import prices attained the maximum at $26,380 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($22,820 per ton), while the price for Singapore ($9,097 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (-6.7%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for vitamins; vitamin e and its derivatives, unmixeds amounted to $24,159 per ton, surging by 3.1% against the previous year. Overall, the export price enjoyed strong growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 37%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zimbabwe ($69,333 per ton), while the average price for exports to Vietnam stood at $23,599 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (+52.8%).

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

In 2022, imports of vitamins; vitamin e and its derivatives, unmixeds into Bangladesh expanded notably to 700 tons, growing by 10% compared with 2021. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 31% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of vitamins; vitamin e and its derivatives, unmixeds expanded rapidly to $7.7M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +19.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 28% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Vitamins; Vitamin E and Its Derivatives, Unmixed in Bangladesh (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.43.14.24.826.0%
Singapore1.62.01.81.95.9%
Denmark0.10.30.40.571.0%
Others0.40.40.60.57.7%
Total4.55.87.17.719.6%

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

  1. China (449.3 tons)
  2. Singapore (206.5 tons)
  3. Denmark (23.5 tons)

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

In 2022, approx. 245 kg of vitamins; vitamin e and its derivatives, unmixeds were exported from Bangladesh; growing by 71% against the previous year's figure. In general, exports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 114%. As a result, the exports attained the peak of 259 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of vitamins; vitamin e and its derivatives, unmixeds surged to $5.9K in 2022. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 136% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Vitamins; Vitamin E and Its Derivatives, Unmixed in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam2.35.63.35.735.3%
Others0.20.20.10.20.0%
Total2.55.83.45.933.1%

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

  1. Vietnam (242.0 kg)

Source: IndexBox Market Intelligence Platform

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