Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Guatemala - 2023

Contents:

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

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

The average import price for vitamins; vitamins a and their derivatives, unmixeds stood at $20,778 per ton in 2022, with an increase of 12% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2019 when the average import price increased by 17%. As a result, import price attained the peak level of $22,766 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($25,835 per ton), while the price for Mexico ($10,852 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for vitamins; vitamins a and their derivatives, unmixeds amounted to $13,755 per ton, reducing by -36.2% against the previous year. Overall, the export price recorded a slight downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 58%. The export price peaked at $24,358 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Honduras ($60,336 per ton), while the average price for exports to the Dominican Republic ($9,949 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 Honduras (+14.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, purchases abroad of vitamins; vitamins a and their derivatives, unmixeds decreased by -4.9% to 366 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +14.7% 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 +50.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 33% against the previous year. As a result, imports reached the peak of 385 tons, and then contracted slightly in the following year.

In value terms, imports of vitamins; vitamins a and their derivatives, unmixeds rose rapidly to $7.6M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +11.2% 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 +45.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 37% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Import of Vitamins; Vitamins A and Their Derivatives, Unmixed in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwitzerlandN/AN/A9594,505369.8%
Germany30626885.61,01349.0%
United States13932.122888985.6%
Mexico34.438.634.9540150.4%
China2,1001,3991,884351-44.9%
France90.0N/A20.016422.1%
Costa Rica10.35.6197N/A337.3%
Netherlands2,4912,7233,591N/A20.1%
Others347743114136-26.8%
Total5,5185,2097,1147,59811.3%

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

  1. Switzerland (188.8 tons)
  2. Mexico (49.8 tons)
  3. United States (47.1 tons)
  4. Germany (39.2 tons)
  5. China (28.6 tons)
  6. France (9.2 tons)

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

After three years of growth, overseas shipments of vitamins; vitamins a and their derivatives, unmixeds decreased by -23.8% to 21 tons in 2022. The total export volume increased at an average annual rate of +3.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 32%. As a result, the exports attained the peak of 28 tons, and then fell remarkably in the following year.

In value terms, exports of vitamins; vitamins a and their derivatives, unmixeds fell markedly to $292K in 2022. Over the period under review, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 29% against the previous year. As a result, the exports reached the peak of $601K, and then shrank significantly in the following year.

Export of Vitamins; Vitamins A and Their Derivatives, Unmixed in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Dominican Republic14720218.41623.3%
Jamaica11157.294.476.8-11.6%
El Salvador84.312715045.3-18.7%
Honduras18.248.639.77.4-25.9%
Nicaragua0.40.784.00.720.5%
Costa Rica1.60.829.10.1-60.3%
United StatesN/AN/A147N/A0%
Others6.831.539.0N/A139.5%
Total370468601292-7.6%

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

  1. Dominican Republic (16.3 tons)
  2. Jamaica (2.5 tons)
  3. El Salvador (2.3 tons)
  4. Honduras (0.1 tons)
  5. Nicaragua (0.1 tons)
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The World's Best Import Markets for Vitamins
Oct 6, 2023
Eye 235

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
Feb 8, 2022
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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
Eye 1435

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
Eye 854

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...

The World's Best Import Markets for Vitamins
Oct 6, 2023
Eye 235

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
Feb 8, 2022
Eye 369

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
Eye 1435

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
Eye 854

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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