Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Singapore - 2023
Contents:
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Singapore (CIF) - 2022
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Singapore (FOB) - 2022
- Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Singapore
- Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Singapore
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Singapore (CIF) - 2022
In 2022, the average import price for vitamins; vitamin c and its derivatives, unmixeds amounted to $10,499 per ton, picking up by 10% against the previous year. In general, the import price, however, saw a slight decline. The pace of growth appeared the most rapid in 2017 an increase of 24% against the previous year. Over the period under review, average import prices attained the peak figure at $13,952 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($35,118 per ton), while the price for China ($5,702 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+15.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Singapore (FOB) - 2022
In 2022, the average export price for vitamins; vitamin c and its derivatives, unmixeds amounted to $17,588 per ton, shrinking by -12.7% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 28% against the previous year. The export price peaked at $20,140 per ton in 2021, and then contracted in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($40,097 per ton), while the average price for exports to Vietnam ($11,846 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 Thailand (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Singapore
In 2022, imports of vitamins; vitamin c and its derivatives, unmixeds into Singapore skyrocketed to 2.1K tons, rising by 22% against the previous year's figure. The total import volume increased at an average annual rate of +7.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of vitamins; vitamin c and its derivatives, unmixeds soared to $22M in 2022. Over the period under review, total imports indicated a temperate expansion from 2019 to 2022: its value increased at an average annual rate of +4.0% 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 +51.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Vitamins; Vitamin C and Its Derivatives, Unmixed in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 10.0 | 6.4 | 6.5 | 11.7 | 5.4% |
| China | 4.6 | 3.7 | 7.1 | 7.5 | 17.7% |
| United States | 2.1 | 0.7 | 1.3 | 1.4 | -12.6% |
| France | 0.3 | 1.1 | 0.6 | 0.7 | 32.6% |
| Others | 2.9 | 3.0 | 1.1 | 1.1 | -27.6% |
| Total | 20.0 | 14.8 | 16.7 | 22.5 | 4.0% |
Top Suppliers of Vitamins; Vitamin C and Its Derivatives, Unmixed to Singapore in 2022:
- China (1321.3 tons)
- United Kingdom (737.2 tons)
- United States (25.5 tons)
- France (21.1 tons)
Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Singapore
In 2022, overseas shipments of vitamins; vitamin c and its derivatives, unmixeds increased by 39% to 718 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a sharp descent.
In value terms, exports of vitamins; vitamin c and its derivatives, unmixeds surged to $13M in 2022. Over the period under review, exports, however, showed a precipitous descent.
| Export of Vitamins; Vitamin C and Its Derivatives, Unmixed in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 0.3 | 0.2 | 0.1 | 3.0 | 115.4% |
| Vietnam | 2.3 | 1.3 | 1.7 | 2.3 | 0.0% |
| Indonesia | 3.0 | 1.7 | 3.1 | 1.9 | -14.1% |
| Thailand | 5.3 | 3.2 | 1.3 | 1.6 | -32.9% |
| Malaysia | 1.1 | 1.3 | 0.8 | 0.9 | -6.5% |
| Japan | 1.2 | 1.0 | 0.7 | 0.7 | -16.4% |
| India | 6.2 | 3.3 | 0.4 | 0.4 | -59.9% |
| Philippines | 3.8 | 1.4 | 0.4 | 0.2 | -62.5% |
| New Zealand | 1.2 | 1.1 | 0.4 | 0.2 | -45.0% |
| Others | 1.8 | 1.2 | 1.5 | 1.3 | -10.3% |
| Total | 26.2 | 15.6 | 10.4 | 12.6 | -21.7% |
Top Export Markets for Vitamins; Vitamin C and Its Derivatives, Unmixed from Singapore in 2022:
- Vietnam (196.8 tons)
- South Korea (182.4 tons)
- Malaysia (77.7 tons)
- Indonesia (77.5 tons)
- Thailand (66.3 tons)
- India (21.7 tons)
- Japan (17.3 tons)
- New Zealand (9.8 tons)
- Philippines (9.7 tons)
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This report provides an in-depth analysis of the vitamin market in Singapore.
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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 Singapore.
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This report provides an in-depth analysis of the global vitamin market.
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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.
370
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.
1438
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...
855
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...
237
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.
370
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.
1438
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...
855
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...
