Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Chile - 2024

Contents:

  1. Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Chile (CIF) - 2022
  2. Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Chile (FOB) - 2022
  3. Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Chile
  4. Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Chile

Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Chile (CIF) - 2022

The average import price for vitamins; vitamin B1 and its derivatives, unmixeds stood at $24,684 per ton in 2022, surging by 7.4% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 57% against the previous year. The import price peaked at $48,348 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($29,734 per ton) and France ($28,319 per ton), while the price for China ($23,053 per ton) and the Netherlands ($24,330 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Chile (FOB) - 2022

In 2022, the average export price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $40,561 per ton, jumping by 34% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 39%. As a result, the export price reached the peak level of $68,500 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($50,077 per ton), while the average price for exports to Costa Rica ($28,350 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 Peru (+25.5%), while the prices for the other major destinations experienced a decline.

Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Chile

After three years of growth, purchases abroad of vitamins; vitamin B1 and its derivatives, unmixeds decreased by -10.2% to 50 tons in 2022. Over the period under review, imports saw a mild downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 3.1%. As a result, imports reached the peak of 56 tons, and then shrank in the following year.

In value terms, imports of vitamins; vitamin B1 and its derivatives, unmixeds dropped modestly to $1.2M in 2022. In general, imports showed a abrupt contraction. The smallest decline of -2.6% was in 2020.

Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9271,062756863-2.4%
Germany11455.920018617.7%
France12028.048.8102-5.3%
Denmark53.550.740.139.4-9.7%
Switzerland245197133N/A-26.3%
United Kingdom11.224.833.2N/A72.2%
Others51.764.873.047.4-2.9%
Total1,5221,4831,2831,238-6.7%

Top Suppliers of Vitamins; Vitamin B1 and Its Derivatives, Unmixed to Chile in 2022:

  1. China (37.5 tons)
  2. Germany (6.3 tons)
  3. France (3.6 tons)
  4. Denmark (1.6 tons)

Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Chile

In 2022, shipments abroad of vitamins; vitamin B1 and its derivatives, unmixeds decreased by -32.1% to 57 kg, falling for the second year in a row after two years of growth. Overall, exports, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of 167% against the previous year. As a result, the exports reached the peak of 107 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of vitamins; vitamin B1 and its derivatives, unmixeds reduced to $2.3K in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -36.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 82% against the previous year. As a result, the exports attained the peak of $3.6K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Chile (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia7971,1101,2231,09411.1%
Peru39558568565118.1%
Costa Rica803710344567-11.0%
EcuadorN/A53.0192N/A262.3%
PakistanN/A1,177N/AN/A0%
OthersN/AN/A100N/A0%
Total1,9953,6352,5442,3125.0%

Top Export Markets for Vitamins; Vitamin B1 and Its Derivatives, Unmixed from Chile in 2022:

  1. Bolivia (24.0 kg)
  2. Costa Rica (20.0 kg)
  3. Peru (13.0 kg)
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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.

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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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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...

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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...

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