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

Contents:

  1. Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Myanmar (CIF) - 2022
  2. Imports of Vitamins; Vitamins A and Their Derivatives, Unmixed in Myanmar

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

The average import price for vitamins; vitamins a and their derivatives, unmixeds stood at $56,360 per ton in 2022, reducing by -13.7% against the previous year. In general, the import price, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 198%. Over the period under review, average import prices reached the peak figure at $65,287 per ton in 2021, and then declined in the following year.

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 China ($58,686 per ton), while the price for India ($15,041 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (+26.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the third year in a row, Myanmar recorded decline in supplies from abroad of vitamins; vitamins a and their derivatives, unmixeds, which decreased by -33.2% to 5.2 tons in 2022. Overall, imports saw a significant decrease.

In value terms, imports of vitamins; vitamins a and their derivatives, unmixeds dropped notably to $294K in 2022. Over the period under review, imports showed a abrupt decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 84%. As a result, imports attained the peak of $879K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Vitamins; Vitamins A and Their Derivatives, Unmixed in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China430561311205-21.9%
Germany2.644.231.787.1222.4%
India0.40.910.21.968.1%
VietnamN/AN/A132N/A0%
France13.6N/AN/AN/A0%
Singapore7.122210.2N/A19.9%
Others24.950.816.0N/A-19.8%
Total479879510294-15.0%

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

  1. China (3.5 tons)
  2. Germany (1.6 tons)
  3. India (0.1 tons)
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The World's Best Import Markets for Vitamins
Oct 6, 2023
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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
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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
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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
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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 254

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 386

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 1458

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 864

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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