Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Bangladesh - 2022
Contents:
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Bangladesh (CIF) - 2022
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Bangladesh (FOB) - 2022
- Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Bangladesh
- Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Bangladesh
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Bangladesh (CIF) - 2022
In 2022, the average import price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $31,075 per ton, growing by 5.5% against the previous year. Overall, the import price enjoyed mild growth. The pace of growth was the most pronounced in 2015 when the average import price increased by 36%. Over the period under review, average import prices attained the peak figure at $55,907 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
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 Singapore ($51,291 per ton), while the price for India ($20,370 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+4.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Bangladesh (FOB) - 2022
The average export price for vitamins; vitamin B1 and its derivatives, unmixeds stood at $25,400 per ton in 2021, reducing by -8.8% against the previous year. Over the period under review, the export price, however, showed a modest expansion. The pace of growth appeared the most rapid in 2015 when the average export price increased by 6.3% against the previous year. The export price peaked at $30,491 per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Ethiopia.
From 2014 to 2021, the rate of growth in terms of prices for Guatemala amounted to 0.0% per year.
Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Bangladesh
In 2022, imports of vitamins; vitamin b1 and its derivatives, unmixeds into Bangladesh skyrocketed to 265 tons, rising by 16% against the previous year. The total import volume increased at an average annual rate of +10.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 27%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, imports of vitamins; vitamin B1 and its derivatives, unmixeds skyrocketed to $8.2M in 2022. The total import value increased at an average annual rate of +7.7% over the period 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.
| Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.4 | 4.2 | 5.6 | 6.0 | 10.9% |
| Singapore | 1.9 | 1.0 | 0.5 | 1.6 | -5.6% |
| India | 0.2 | 0.1 | 0.3 | 0.4 | 26.0% |
| Others | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Total | 6.6 | 5.6 | 6.7 | 8.2 | 7.5% |
Top Suppliers of Vitamins; Vitamin B1 and Its Derivatives, Unmixed to Bangladesh in 2022:
- China (210.8 tons)
- Singapore (30.3 tons)
- India (19.0 tons)
Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Bangladesh
In 2021, the amount of vitamins; vitamin B1 and its derivatives, unmixeds exported from Bangladesh surged to 658 kg, growing by 246% on the year before. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of vitamins; vitamin B1 and its derivatives, unmixeds surged to $17K in 2021. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Ethiopia | N/A | N/A | 16.7 | 0% | |
| Guatemala | N/A | 5.3 | N/A | 0% | |
| Burundi | 3.0 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 3.0 | 5.3 | 16.7 | 135.9% | |
Top Export Markets for Vitamins; Vitamin B1 and Its Derivatives, Unmixed from Bangladesh in 2022:
- Ethiopia (658.0 kg)
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This report provides an in-depth analysis of the vitamin market in Bangladesh.
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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 Bangladesh.
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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.
414
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.
1494
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...
883
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...
290
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.
414
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.
1494
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...
883
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...
