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

Contents:

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

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

The average import price for vitamins; vitamin e and its derivatives, unmixeds stood at $8,884 per ton in 2022, remaining constant against the previous year. Overall, the import price, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2020 when the average import price increased by 49% against the previous year. Over the period under review, average import prices reached the maximum at $17,315 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 France ($14,642 per ton), while the price for Switzerland ($8,114 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-2.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for vitamins; vitamin e and its derivatives, unmixeds amounted to $13,378 per ton, declining by -5.1% against the previous year. Over the period under review, the export price saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2019 an increase of 56%. Over the period under review, the average export prices attained the maximum at $19,356 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 export markets. In 2022, amid the top suppliers, the country with the highest price was Swaziland ($18,728 per ton), while the average price for exports to Namibia ($6,651 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 Netherlands (+47.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of vitamins; vitamin e and its derivatives, unmixeds imported into South Africa rose markedly to 1.7K tons, with an increase of 13% against the previous year. The total import volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. 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 expanded markedly to $15M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.7% 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 +84.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 33% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Vitamins; Vitamin E and Its Derivatives, Unmixed in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.33.02.76.626.0%
China1.22.76.43.644.2%
Switzerland2.22.32.33.213.3%
France1.12.11.20.8-10.1%
Others0.20.50.50.751.8%
Total8.010.613.014.822.8%

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

  1. Germany (765.5 tons)
  2. China (427.6 tons)
  3. Switzerland (400.1 tons)
  4. France (51.5 tons)

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

In 2022, approx. 8.2 tons of vitamins; vitamin e and its derivatives, unmixeds were exported from South Africa; declining by -79.1% on 2021 figures. Over the period under review, exports showed a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 187% against the previous year. As a result, the exports reached the peak of 39 tons, and then reduced rapidly in the following year.

In value terms, exports of vitamins; vitamin e and its derivatives, unmixeds dropped rapidly to $109K in 2022. In general, exports faced a dramatic descent. The pace of growth was the most pronounced in 2021 with an increase of 180%. As a result, the exports attained the peak of $551K, and then reduced markedly in the following year.

Export of Vitamins; Vitamin E and Its Derivatives, Unmixed in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zimbabwe19.17.117.275.858.3%
Swaziland30814318115.3-63.2%
Botswana18.13.028.66.7-28.2%
Namibia17.68.06.24.4-37.0%
Zambia2.16.432.61.8-5.0%
Kenya3.31.072.10.3-55.0%
NetherlandsN/AN/A211N/A0%
Others12928.22.34.8-66.6%
Total497196551109-39.7%

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

  1. Zimbabwe (5.3 tons)
  2. Swaziland (0.8 tons)
  3. Namibia (0.7 tons)
  4. Botswana (0.7 tons)
  5. Zambia (0.2 tons)

Source: IndexBox Market Intelligence Platform

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