Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Malaysia - 2024

Contents:

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

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

In 2022, the average import price for vitamins; vitamin e and its derivatives, unmixeds amounted to $17,634 per ton, with an increase of 11% against the previous year. In general, the import price, however, continues to indicate a mild descent. The most prominent rate of growth was recorded in 2019 an increase of 49%. The import price peaked at $19,476 per ton in 2012; however, from 2013 to 2022, 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 Indonesia ($113,446 per ton), while the price for Belgium ($4,976 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.8%), while the prices for the other major suppliers experienced a decline.

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

The average export price for vitamins; vitamin e and its derivatives, unmixeds stood at $45,232 per ton in 2022, picking up by 2.8% against the previous year. Overall, the export price, however, continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2021 when the average export price increased by 58%. The export price peaked at $51,807 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($93,148 per ton), while the average price for exports to China ($29,052 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 Vietnam (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in overseas purchases of vitamins; vitamin e and its derivatives, unmixeds, when their volume decreased by -23.4% to 847 tons. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +10.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 58% against the previous year.

In value terms, imports of vitamins; vitamin e and its derivatives, unmixeds dropped to $15M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +17.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.7% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 45%.

Import of Vitamins; Vitamin E and Its Derivatives, Unmixed in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.53.76.15.251.3%
Netherlands0.40.90.62.276.5%
IndonesiaN/AN/A0.22.21000.0%
United States0.20.30.81.386.6%
SwitzerlandN/AN/AN/A1.10%
FranceN/AN/AN/A0.80%
Belgium0.1N/AN/A0.458.7%
Singapore3.13.93.6N/A7.8%
Others4.04.76.21.6-26.3%
Total9.313.517.514.917.0%

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

  1. China (562.5 tons)
  2. Belgium (76.1 tons)
  3. Netherlands (64.8 tons)
  4. Switzerland (31.9 tons)
  5. France (27.2 tons)
  6. United States (25.7 tons)
  7. Indonesia (19.8 tons)
  8. Singapore (0.8 tons)

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

In 2022, overseas shipments of vitamins; vitamin e and its derivatives, unmixeds decreased by -25% to 235 tons, falling for the second consecutive year after two years of growth. In general, total exports indicated a slight expansion from 2019 to 2022: its volume increased at an average annual rate of +1.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -35.6% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 63% against the previous year. As a result, the exports reached the peak of 365 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of vitamins; vitamin e and its derivatives, unmixeds dropped markedly to $11M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +9.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +32.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 36% against the previous year. As a result, the exports attained the peak of $14M, and then dropped rapidly in the following year.

Export of Vitamins; Vitamin E and Its Derivatives, Unmixed in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5,1336,1647,0444,903-1.5%
Switzerland36.330.62,2451,933276.2%
China27824072284244.7%
Poland11333727240052.4%
Germany505451512320-14.1%
Netherlands316436131253-7.1%
Singapore16047725921410.2%
Belgium12.040.1159211160.0%
Australia1343164191432.2%
Japan207321539126-15.3%
Sweden197199480119-15.5%
Canada1071901211183.3%
Others8189538991,0609.0%
Total8,01710,15513,80210,6429.9%

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

  1. United States (92.1 tons)
  2. Switzerland (51.1 tons)
  3. China (29.0 tons)
  4. Poland (8.4 tons)
  5. Netherlands (8.4 tons)
  6. Germany (6.8 tons)
  7. Belgium (5.6 tons)
  8. Singapore (3.7 tons)
  9. Canada (3.3 tons)
  10. Sweden (3.0 tons)
  11. Australia (2.9 tons)
  12. Japan (1.8 tons)

Source: IndexBox Market Intelligence Platform

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