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

Contents:

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

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

In 2022, the average import price for vitamins; vitamins a and their derivatives, unmixeds amounted to $56,311 per ton, waning by -3.7% against the previous year. Overall, the import price, however, continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 29%. Over the period under review, average import prices attained the peak figure at $58,472 per ton in 2021, and then reduced slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($158,901 per ton), while the price for the United States ($26,061 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for vitamins; vitamins a and their derivatives, unmixeds amounted to $55,212 per ton, shrinking by -6.7% against the previous year. Over the period under review, the export price, however, showed strong growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 45% against the previous year. Over the period under review, the average export prices reached the peak figure at $63,010 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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 Australia ($66,506 per ton), while the average price for exports to China ($36,322 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 (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, purchases abroad of vitamins; vitamins a and their derivatives, unmixeds was finally on the rise to reach 763 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a deep contraction.

In value terms, imports of vitamins; vitamins a and their derivatives, unmixeds stood at $43M in 2022. Over the period under review, imports, however, recorded a perceptible reduction.

Import of Vitamins; Vitamins A and Their Derivatives, Unmixed in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany16.312.07.614.6-3.6%
Switzerland13.518.311.412.4-2.8%
France6.79.29.74.5-12.4%
China8.45.97.94.4-19.4%
Malaysia1.40.81.13.231.7%
Denmark1.93.22.43.016.4%
United States0.90.80.60.5-17.8%
Others0.60.30.50.4-12.6%
Total49.750.741.343.0-4.7%

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

  1. Germany (266.6 tons)
  2. Switzerland (178.2 tons)
  3. China (115.3 tons)
  4. Denmark (88.7 tons)
  5. France (70.2 tons)
  6. Malaysia (20.3 tons)
  7. United States (18.2 tons)

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

In 2022, approx. 566 tons of vitamins; vitamins a and their derivatives, unmixeds were exported from Singapore; growing by 13% compared with 2021. Overall, exports, however, showed a deep slump. The pace of growth was the most pronounced in 2020 when exports increased by 15%. As a result, the exports reached the peak of 772 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of vitamins; vitamins a and their derivatives, unmixeds expanded notably to $31M in 2022. In general, exports, however, showed a deep reduction.

Export of Vitamins; Vitamins A and Their Derivatives, Unmixed in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia6.79.27.08.16.5%
Bangladesh6.04.32.53.6-15.7%
India2.13.14.03.316.3%
Vietnam7.67.74.02.7-29.2%
Philippines3.72.32.62.3-14.7%
Malaysia1.82.92.12.26.9%
Thailand3.32.42.42.1-14.0%
New Zealand1.91.40.71.4-9.7%
Australia1.41.10.71.1-7.7%
Pakistan2.41.91.50.3-50.0%
China1.51.3N/A0.1-59.5%
Others3.92.52.24.11.7%
Total42.340.229.731.2-9.6%

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

  1. Indonesia (165.1 tons)
  2. Bangladesh (57.8 tons)
  3. Vietnam (55.9 tons)
  4. Malaysia (53.5 tons)
  5. India (52.1 tons)
  6. Philippines (46.2 tons)
  7. Thailand (37.8 tons)
  8. New Zealand (26.9 tons)
  9. Australia (16.1 tons)
  10. Pakistan (5.1 tons)
  11. China (3.0 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 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 1436

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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