Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Chile - 2024

Contents:

  1. Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Chile (CIF) - 2022
  2. Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Chile (FOB) - 2022
  3. Imports of Vitamins; Vitamins A and Their Derivatives, Unmixed in Chile
  4. Exports of Vitamins; Vitamins A and Their Derivatives, Unmixed in Chile

Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Chile (CIF) - 2022

In 2022, the average import price for vitamins; vitamins a and their derivatives, unmixeds amounted to $52,713 per ton, shrinking by -2.7% against the previous year. Overall, the import price, however, continues to indicate resilient growth. The pace of growth was the most pronounced in 2014 an increase of 59% against the previous year. Over the period under review, average import prices attained the peak figure at $71,141 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($62,810 per ton), while the price for Argentina ($24,785 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Chile (FOB) - 2022

In 2022, the average export price for vitamins; vitamins a and their derivatives, unmixeds amounted to $45,330 per ton, surging by 21% against the previous year. Over the period under review, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for vitamins; vitamins a and their derivatives, unmixeds increased by +30.1% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 68% against the previous year. As a result, the export price attained the peak level of $50,354 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Ecuador.

From 2012 to 2022, the rate of growth in terms of prices for Panama amounted to +26.3% per year.

Imports of Vitamins; Vitamins A and Their Derivatives, Unmixed in Chile

In 2022, after three years of growth, there was decline in overseas purchases of vitamins; vitamins a and their derivatives, unmixeds, when their volume decreased by -2% to 64 tons. The total import volume increased at an average annual rate of +6.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 19% against the previous year.

In value terms, imports of vitamins; vitamins a and their derivatives, unmixeds shrank slightly to $3.4M in 2022. In general, imports continue to indicate a perceptible reduction. The smallest decline of -1.3% was in 2020.

Import of Vitamins; Vitamins A and Their Derivatives, Unmixed in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,2611,6891,3371,3712.8%
Germany2032717921,12977.2%
Switzerland897706572514-16.9%
ColombiaN/A16.01.4115168.1%
ArgentinaN/AN/A42.158.037.8%
Denmark98.918322245.2-23.0%
France1,1966384363.3-86.0%
Others81.518814915423.6%
Total3,7383,6913,5523,388-3.2%

Top Suppliers of Vitamins; Vitamins A and Their Derivatives, Unmixed to Chile in 2022:

  1. Germany (22.9 tons)
  2. China (21.8 tons)
  3. Switzerland (12.3 tons)
  4. Colombia (2.6 tons)
  5. Argentina (2.3 tons)
  6. Denmark (1.5 tons)
  7. France (0.1 tons)

Exports of Vitamins; Vitamins A and Their Derivatives, Unmixed in Chile

In 2022, the amount of vitamins; vitamins a and their derivatives, unmixeds exported from Chile contracted dramatically to 200 kg, dropping by -53.9% compared with the previous year. Overall, exports saw a precipitous setback. The smallest decline of -20.8% was in 2020.

In value terms, exports of vitamins; vitamins a and their derivatives, unmixeds fell dramatically to $9.1K in 2022. Over the period under review, exports continue to indicate a sharp downturn. The smallest decline of -22.4% was in 2020.

Export of Vitamins; Vitamins A and Their Derivatives, Unmixed in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
EcuadorN/AN/A8.09.113.7%
Bolivia2.33.7N/AN/A60.9%
Peru97.673.62.2N/A-85.0%
Costa RicaN/A0.16.1N/A6000.0%
Others2.01.7N/AN/A-15.0%
Total10279.016.39.1-55.3%

Top Export Markets for Vitamins; Vitamins A and Their Derivatives, Unmixed from Chile in 2022:

  1. Ecuador (200.0 kg)
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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. 

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