Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in South Africa - 2024
Contents:
- Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in South Africa (CIF) - 2024
- Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in South Africa (FOB) - 2022
- Imports of Vitamins; Vitamins A and Their Derivatives, Unmixed in South Africa
- Exports of Vitamins; Vitamins A and Their Derivatives, Unmixed in South Africa
Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in South Africa (CIF) - 2024
The average import price for vitamins; vitamins a and their derivatives, unmixeds stood at $19,917 per ton in January 2024, picking up by 18% against the previous month. Overall, the import price, however, recorded a pronounced downturn. The growth pace was the most rapid in May 2023 an increase of 65% m-o-m. As a result, import price reached the peak level of $39,528 per ton. From June 2023 to January 2024, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Switzerland ($33,042 per ton), while the price for Hong Kong SAR ($16,346 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+0.0%), while the prices for the other major suppliers experienced a decline.
Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in South Africa (FOB) - 2022
In 2022, the average export price for vitamins; vitamins a and their derivatives, unmixeds amounted to $11,775 per ton, waning by -11.9% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 30% against the previous year. The export price peaked at $13,369 per ton in 2021, and then declined in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saint Helena, Ascension and Tristan da Cunha ($44,804 per ton), while the average price for exports to Lesotho ($2,844 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 Saint Helena, Ascension and Tristan da Cunha (+157.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamins A and Their Derivatives, Unmixed in South Africa
In 2022, the amount of vitamins; vitamins a and their derivatives, unmixeds imported into South Africa expanded rapidly to 490 tons, with an increase of 6.9% against 2021 figures. The total import volume increased at an average annual rate of +2.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of vitamins; vitamins a and their derivatives, unmixeds fell sharply to $14M in 2022. In general, imports, however, faced a deep setback. The smallest decline of -0.8% was in 2021.
| Import of Vitamins; Vitamins A and Their Derivatives, Unmixed in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.2 | 5.6 | 7.7 | 4.7 | -8.8% |
| Switzerland | 5.3 | 4.8 | 5.5 | 3.4 | -13.8% |
| France | 2.1 | 2.2 | 2.5 | 2.1 | 0.0% |
| Germany | 3.2 | 1.2 | 0.6 | 1.6 | -20.6% |
| Denmark | 2.5 | 2.7 | N/A | 1.3 | -19.6% |
| United States | N/A | 0.5 | 0.4 | 0.4 | -10.6% |
| Others | 0.1 | 0.1 | 0.4 | 0.1 | 0.0% |
| Total | 19.3 | 17.1 | 17.0 | 13.6 | -11.0% |
Top Suppliers of Vitamins; Vitamins A and Their Derivatives, Unmixed to South Africa in 2022:
- China (202.4 tons)
- France (102.7 tons)
- Denmark (68.3 tons)
- Switzerland (66.0 tons)
- Germany (34.2 tons)
- United States (15.8 tons)
Exports of Vitamins; Vitamins A and Their Derivatives, Unmixed in South Africa
For the fourth consecutive year, South Africa recorded growth in shipments abroad of vitamins; vitamins a and their derivatives, unmixeds, which increased by 35% to 389 tons in 2022. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of vitamins; vitamins a and their derivatives, unmixeds surged to $4.6M in 2022. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 61%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Vitamins; Vitamins A and Their Derivatives, Unmixed in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | 820 | 602 | 1,185 | 1,485 | 21.9% |
| Malawi | 294 | 68.9 | 423 | 1,000 | 50.4% |
| Mozambique | 307 | 280 | 452 | 688 | 30.9% |
| Saint Helena, Ascension and Tristan da Cunha | N/A | N/A | 0.6 | 680 | 113233.3% |
| Zambia | 303 | 644 | 892 | 308 | 0.5% |
| Namibia | 35.0 | 296 | 487 | 233 | 88.1% |
| Lesotho | 3.2 | 1.5 | 6.1 | 25.5 | 99.7% |
| Nigeria | 158 | 440 | 221 | 25.3 | -45.7% |
| Others | 64.3 | 48.4 | 172 | 131 | 26.8% |
| Total | 1,984 | 2,380 | 3,838 | 4,576 | 32.1% |
Top Export Markets for Vitamins; Vitamins A and Their Derivatives, Unmixed from South Africa in 2022:
- Zimbabwe (199.1 tons)
- Mozambique (86.4 tons)
- Malawi (45.8 tons)
- Zambia (15.4 tons)
- Saint Helena, Ascension and Tristan da Cunha (15.2 tons)
- Namibia (10.0 tons)
- Lesotho (8.9 tons)
- Nigeria (2.5 tons)
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This report provides an in-depth analysis of the vitamin market in South Africa.
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This report provides an in-depth analysis of the global vitamin market.
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This report provides an in-depth analysis of the vitamin market in South Africa.
2741
This report provides an in-depth analysis of the global vitamin market.
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.
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.
1437
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...
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...
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.
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.
1437
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...
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...
