Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Canada - 2024
Contents:
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Canada (CIF) - 2022
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Canada (FOB) - 2022
- Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Canada
- Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Canada
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Canada (CIF) - 2022
The average import price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $38,310 per ton in 2022, waning by -29.9% against the previous year. In general, the import price, however, saw a prominent increase. The growth pace was the most rapid in 2015 an increase of 51% against the previous year. The import price peaked at $69,577 per ton in 2020; however, from 2021 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 Spain ($91,104 per ton), while the price for the United States ($31,181 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Canada (FOB) - 2022
In 2022, the average export price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $71,264 per ton, which is down by -12.1% against the previous year. In general, the export price showed a abrupt decrease. The most prominent rate of growth was recorded in 2015 when the average export price increased by 60% against the previous year. As a result, the export price attained the peak level of $153,029 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($73,934 per ton), while the average price for exports to the Czech Republic ($52,060 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 Australia (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Canada
In 2022, the amount of vitamins; vitamin B12 and its derivatives, unmixeds imported into Canada fell to 194 tons, declining by -14.2% on 2021 figures. Over the period under review, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 86% against the previous year.
In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds reduced remarkably to $7.4M in 2022. In general, imports faced a deep slump. The growth pace was the most rapid in 2021 with an increase of 46% against the previous year. As a result, imports attained the peak of $12M, and then fell dramatically in the following year.
| Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.9 | 6.9 | 10.6 | 5.2 | -16.4% |
| United States | 1.6 | 0.7 | 0.9 | 1.5 | -2.1% |
| France | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
| Switzerland | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Mexico | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Others | 0.1 | 0.6 | 0.4 | N/A | 100.0% |
| Total | 11.0 | 8.5 | 12.4 | 7.4 | -12.4% |
Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to Canada in 2022:
- China (129.2 tons)
- United States (46.6 tons)
- France (10.1 tons)
- Switzerland (4.9 tons)
- Mexico (2.8 tons)
Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Canada
In 2022, after two years of decline, there was significant growth in overseas shipments of vitamins; vitamin B12 and its derivatives, unmixeds, when their volume increased by 6.6% to 2 tons. Overall, exports, however, saw a precipitous curtailment.
In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds dropped to $140K in 2022. In general, exports, however, faced a dramatic contraction.
| Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 200 | 151 | 121 | 98.3 | -21.1% |
| China | 431 | 2.8 | 7.6 | 35.7 | -56.4% |
| Czech Republic | N/A | N/A | 5.6 | 2.6 | -53.6% |
| Hong Kong SAR | 13.5 | 21.0 | 1.5 | 0.7 | -62.7% |
| Austria | 73.1 | 97.0 | 1.7 | N/A | -84.8% |
| United Kingdom | 24.8 | N/A | N/A | N/A | 0% |
| Netherlands | 14.5 | 25.7 | N/A | N/A | 77.2% |
| Others | 15.2 | 14.1 | 11.3 | 2.3 | -46.7% |
| Total | 772 | 312 | 149 | 140 | -43.4% |
Top Export Markets for Vitamins; Vitamin B12 and Its Derivatives, Unmixed from Canada in 2022:
- United States (1364.0 kg)
- China (483.0 kg)
- Czech Republic (50.0 kg)
- Hong Kong SAR (18.0 kg)
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This report provides an in-depth analysis of the vitamin market in Canada.
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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 Canada.
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This report provides an in-depth analysis of the global vitamin market.
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During the period analyzed, Vitamin imports peaked at 18K tons in 2021, but saw a decrease from 2022 to 2023. In terms of value, Vitamin imports significantly dropped to $235M in 2023.
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In June 2023, the Vitamin price in Canada was $12,803 per ton (CIF), showing a decrease of 15.2% compared to the previous month.
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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.
391
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...
866
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...
95
During the period analyzed, Vitamin imports peaked at 18K tons in 2021, but saw a decrease from 2022 to 2023. In terms of value, Vitamin imports significantly dropped to $235M in 2023.
480
In June 2023, the Vitamin price in Canada was $12,803 per ton (CIF), showing a decrease of 15.2% compared to the previous month.
261
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.
391
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.
