Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Brazil - 2024
Contents:
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Brazil (CIF) - 2024
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Brazil (FOB) - 2022
- Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Brazil
- Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Brazil
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Brazil (CIF) - 2024
In February 2024, the average import price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $32,524 per ton, with an increase of 71% against the previous month. In general, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was Germany ($40,419 per ton), while the price for China amounted to $18,949 per ton.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by China (+0.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Brazil (FOB) - 2022
The average export price for vitamins; vitamin B1 and its derivatives, unmixeds stood at $40,446 per ton in 2022, rising by 8.5% against the previous year. Over the period under review, the export price recorded a notable increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 129%. As a result, the export price reached the peak level of $54,519 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($70,429 per ton), while the average price for exports to Paraguay ($24,654 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 the Netherlands (+34.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Brazil
After three years of growth, purchases abroad of vitamins; vitamin B1 and its derivatives, unmixeds decreased by -7.8% to 386 tons in 2022. The total import volume increased at an average annual rate of +9.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, imports attained the peak of 418 tons, and then declined in the following year.
In value terms, imports of vitamins; vitamin B1 and its derivatives, unmixeds shrank to $11M in 2022. The total import value increased at an average annual rate of +2.3% 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 36% against the previous year. As a result, imports reached the peak of $11M, and then declined in the following year.
| Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.6 | 5.7 | 7.2 | 6.2 | -2.1% |
| Germany | 3.1 | 2.3 | 3.8 | 3.9 | 8.0% |
| Netherlands | N/A | 0.1 | N/A | 0.4 | 100.0% |
| Others | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Total | 9.9 | 8.2 | 11.1 | 10.6 | 2.3% |
Top Suppliers of Vitamins; Vitamin B1 and Its Derivatives, Unmixed to Brazil in 2022:
- China (255.9 tons)
- Germany (116.9 tons)
- Netherlands (10.8 tons)
Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Brazil
In 2022, approx. 2.7 tons of vitamins; vitamin B1 and its derivatives, unmixeds were exported from Brazil; picking up by 381% compared with the year before. Over the period under review, exports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 13,814%. As a result, the exports reached the peak of 6.8 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of vitamins; vitamin B1 and its derivatives, unmixeds soared to $109K in 2022. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 9,666% against the previous year. As a result, the exports reached the peak of $207K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | N/A | N/A | 6.9 | 48.2 | 598.6% |
| Ecuador | 0.5 | 0.2 | N/A | 24.4 | 265.4% |
| Uruguay | N/A | N/A | 7.7 | 12.1 | 57.1% |
| Netherlands | N/A | 150 | N/A | 12.0 | -71.7% |
| Mexico | N/A | 50.2 | N/A | 8.1 | -59.8% |
| Paraguay | 1.2 | 1.0 | 3.3 | 3.8 | 46.8% |
| Bolivia | 0.4 | 5.2 | 0.4 | 0.5 | 7.7% |
| Others | 0.1 | 0.4 | 2.6 | N/A | 409.9% |
| Total | 2.1 | 207 | 20.9 | 109 | 273.0% |
Top Export Markets for Vitamins; Vitamin B1 and Its Derivatives, Unmixed from Brazil in 2022:
- Argentina (1057.0 kg)
- Ecuador (608.0 kg)
- Uruguay (450.0 kg)
- Netherlands (220.0 kg)
- Mexico (200.0 kg)
- Paraguay (156.0 kg)
- Bolivia (7.0 kg)
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This report provides an in-depth analysis of the vitamin market in Brazil.
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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 Brazil.
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This report provides an in-depth analysis of the global vitamin market.
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The value of Vitamin imports significantly decreased to $16M in July 2023.
291
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.
1495
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...
363
The value of Vitamin imports significantly decreased to $16M in July 2023.
291
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.
1495
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...
