Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Panama - 2023
Contents:
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Panama (FOB) - 2022
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Panama (CIF) - 2022
- Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Panama
- Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Panama
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Panama (FOB) - 2022
In 2022, the average export price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $36,067 per ton, almost unchanged from the previous year. Over the period under review, the export price showed a perceptible expansion. The pace of growth appeared the most rapid in 2015 an increase of 54% against the previous year. Over the period under review, the average export prices attained the maximum at $58,355 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($906,333 per ton), while the average price for exports to El Salvador ($5,232 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 Ecuador (+37.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Panama (CIF) - 2022
In 2022, the average import price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $34,007 per ton, waning by -4.1% against the previous year. Over the period under review, the import price, however, continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2015 when the average import price increased by 343%. The import price peaked at $35,465 per ton in 2021, and then declined slightly 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 Switzerland ($95,971 per ton), while the price for China ($28,090 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+118.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Panama
In 2022, exports of vitamins; vitamin B1 and its derivatives, unmixeds from Panama surged to 822 kg, rising by 72% against the year before. Over the period under review, exports, however, showed a sharp setback. The most prominent rate of growth was recorded in 2021 when exports increased by 288% against the previous year.
In value terms, exports of vitamins; vitamin B1 and its derivatives, unmixeds skyrocketed to $30K in 2022. Overall, exports, however, recorded a dramatic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 291% against the previous year.
| Export of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 6.6 | 0.2 | 3.7 | 7.0 | 2.0% |
| Guatemala | 11.5 | 0.9 | 3.0 | 6.0 | -19.5% |
| Guyana | 5.8 | 0.5 | 2.0 | 4.4 | -8.8% |
| Venezuela | 9.6 | 0.6 | 1.7 | 2.7 | -34.5% |
| El Salvador | 4.2 | 0.3 | 0.8 | 1.3 | -32.4% |
| Colombia | 76.1 | N/A | N/A | N/A | 0% |
| Others | 31.9 | 2.0 | 5.8 | 8.2 | -36.4% |
| Total | 146 | 4.3 | 17.0 | 29.6 | -41.3% |
Top Export Markets for Vitamins; Vitamin B1 and Its Derivatives, Unmixed from Panama in 2022:
- El Salvador (254.0 kg)
- Guatemala (235.0 kg)
- Costa Rica (206.0 kg)
- Venezuela (62.0 kg)
- Guyana (56.0 kg)
Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Panama
After two years of decline, purchases abroad of vitamins; vitamin B1 and its derivatives, unmixeds increased by 12% to 700 kg in 2022. Over the period under review, imports, however, continue to indicate a sharp setback.
In value terms, imports of vitamins; vitamin B1 and its derivatives, unmixeds rose sharply to $24K in 2022. Overall, imports, however, faced a precipitous decrease.
| Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 60.6 | 14.6 | 6.6 | 16.5 | -35.2% |
| Germany | 5.0 | 2.4 | 1.0 | 3.9 | -7.9% |
| Switzerland | N/A | N/A | N/A | 3.4 | 0% |
| Ecuador | 2.4 | N/A | N/A | N/A | 0% |
| Belgium | 3.0 | 1.6 | 1.0 | N/A | -42.3% |
| United States | 11.8 | 6.6 | 3.6 | N/A | -44.8% |
| France | 10.9 | 3.8 | 2.1 | N/A | -56.1% |
| Mexico | 3.0 | 2.3 | 2.0 | N/A | -18.4% |
| Italy | 2.9 | 2.2 | 1.9 | N/A | -19.1% |
| Others | 2.8 | 4.9 | 4.2 | N/A | 22.5% |
| Total | 103 | 38.5 | 22.2 | 23.8 | -38.6% |
Top Suppliers of Vitamins; Vitamin B1 and Its Derivatives, Unmixed to Panama in 2022:
- China (588.0 kg)
- Germany (77.0 kg)
- Switzerland (35.0 kg)
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This report provides an in-depth analysis of the vitamin market in Panama.
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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 Panama.
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This report provides an in-depth analysis of the global vitamin market.
278
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.
405
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.
1483
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...
874
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...
278
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.
405
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.
1483
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...
874
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...
