Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in the United Arab Emirates - 2022

Contents:

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

Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in the United Arab Emirates (CIF) - 2022

The average import price for vitamins; vitamins a and their derivatives, unmixeds stood at $27,181 per ton in 2022, declining by -30.2% against the previous year. In general, the import price, however, showed a notable expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 85% against the previous year. The import price peaked at $38,954 per ton in 2021, and then reduced notably 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 the UK ($66,284 per ton), while the price for the United States ($12,599 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+31.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in the United Arab Emirates (FOB) - 2022

The average export price for vitamins; vitamins a and their derivatives, unmixeds stood at $55,482 per ton in 2022, shrinking by -43.8% against the previous year. Overall, the export price, however, recorded a buoyant increase. The growth pace was the most rapid in 2019 when the average export price increased by 166%. Over the period under review, the average export prices attained the maximum at $132,807 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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 Pakistan ($113,511 per ton), while the average price for exports to Azerbaijan ($22,574 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 South Africa (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vitamins; Vitamins A and Their Derivatives, Unmixed in the United Arab Emirates

In 2022, imports of vitamins; vitamins a and their derivatives, unmixeds into the United Arab Emirates shrank dramatically to 65 tons, reducing by -54.3% against 2021. In general, imports showed a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 54%.

In value terms, imports of vitamins; vitamins a and their derivatives, unmixeds fell rapidly to $1.8M in 2022. Over the period under review, imports saw a sharp descent. The growth pace was the most rapid in 2021 when imports increased by 71%. As a result, imports attained the peak of $5.6M, and then dropped dramatically in the following year.

Import of Vitamins; Vitamins A and Their Derivatives, Unmixed in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwitzerlandN/AN/AN/A5770%
United States2,7602,2752,011468-44.7%
China4069193,139344-5.4%
United Kingdom63.612.713.928063.9%
Netherlands298N/AN/AN/A0%
Others58038.6389103-43.8%
Total4,1093,2455,5531,772-24.4%

Top Suppliers of Vitamins; Vitamins A and Their Derivatives, Unmixed to the United Arab Emirates in 2022:

  1. United States (37.2 tons)
  2. Switzerland (15.1 tons)
  3. China (7.3 tons)
  4. United Kingdom (4.2 tons)

Exports of Vitamins; Vitamins A and Their Derivatives, Unmixed in the United Arab Emirates

In 2022, the amount of vitamins; vitamins a and their derivatives, unmixeds exported from the United Arab Emirates reduced markedly to 10 tons, dropping by -78.7% compared with the previous year. Over the period under review, exports recorded a dramatic setback. The smallest decline of -11.8% was in 2021.

In value terms, exports of vitamins; vitamins a and their derivatives, unmixeds contracted notably to $558K in 2022. In general, exports recorded a precipitous shrinkage. The smallest decline of -34.4% was in 2021.

Export of Vitamins; Vitamins A and Their Derivatives, Unmixed in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
IraqN/AN/AN/A0.20%
Iran11.86.94.50.1-79.6%
Oman0.10.10.10.10.0%
United StatesN/AN/AN/A0.10%
AzerbaijanN/AN/AN/AN/A0%
Saudi ArabiaN/AN/AN/AN/A0%
OthersN/A0.20.1N/A-50.0%
Total11.87.14.70.6-63.0%

Top Export Markets for Vitamins; Vitamins A and Their Derivatives, Unmixed from the United Arab Emirates in 2022:

  1. Iraq (2.9 tons)
  2. Oman (2.6 tons)
  3. Iran (2.1 tons)
  4. United States (0.8 tons)
  5. Saudi Arabia (0.7 tons)
  6. Azerbaijan (0.6 tons)
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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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