Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Colombia - 2022
Contents:
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Colombia (CIF) - 2022
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Colombia (FOB) - 2022
- Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Colombia
- Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Colombia
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Colombia (CIF) - 2022
In February 2022, the average import price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $56,180 per ton, surging by 15% against the previous month. Over the period under review, the import price, however, showed a drastic downturn. The pace of growth appeared the most rapid in May 2021 when the average import price increased by 434% month-to-month. As a result, import price attained the peak level of $251K per ton. From June 2021 to February 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was China ($70,864 per ton), while the price for France ($27,155 per ton) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by France (+3.4%), while the prices for the other major suppliers experienced a decline.
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Colombia (FOB) - 2022
The average export price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $29,888 per ton in 2022, with a decrease of -6.3% against the previous year. In general, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for vitamins; vitamin B12 and its derivatives, unmixeds decreased by -10.3% against 2018 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by 56%. As a result, the export price reached the peak level of $34,615 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($49,667 per ton), while the average price for exports to Ecuador amounted to $29,257 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Colombia
After three years of growth, purchases abroad of vitamins; vitamin B12 and its derivatives, unmixeds decreased by -26.8% to 15 tons in 2022. In general, total imports indicated perceptible growth from 2019 to 2022: its volume increased at an average annual rate of +2.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 30% against the previous year.
In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds totaled $1.5M in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,187 | 1,009 | 1,176 | 1,315 | 3.5% |
| Netherlands | N/A | N/A | N/A | 65.9 | 0% |
| France | 50.5 | 140 | 70.9 | 42.4 | -5.7% |
| Ecuador | N/A | N/A | 4.9 | 23.0 | 369.4% |
| United States | 74.2 | 20.5 | 16.8 | 12.2 | -45.2% |
| Peru | N/A | 12.1 | 8.6 | N/A | -28.9% |
| Spain | N/A | N/A | 22.3 | N/A | 0% |
| Others | 69.9 | N/A | 131 | N/A | 36.9% |
| Total | 1,381 | 1,182 | 1,431 | 1,459 | 1.8% |
Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to Colombia in 2022:
- Netherlands (4.1 tons)
- China (4.1 tons)
- France (3.9 tons)
- Ecuador (1.7 tons)
- United States (0.9 tons)
Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Colombia
In 2022, overseas shipments of vitamins; vitamin B12 and its derivatives, unmixeds decreased by -47.3% to 1.3 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 206% against the previous year.
In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds contracted dramatically to $38K in 2022. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 198% against the previous year.
| Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 15.4 | 29.9 | 76.4 | 35.8 | 32.5% |
| Spain | N/A | N/A | N/A | 1.9 | 0% |
| Peru | N/A | 2.3 | N/A | N/A | 0% |
| Chile | N/A | 13.7 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 15.4 | 45.9 | 76.4 | 37.7 | 34.8% |
Top Export Markets for Vitamins; Vitamin B12 and Its Derivatives, Unmixed from Colombia in 2022:
- Ecuador (1222.0 kg)
- Spain (39.0 kg)
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This report provides an in-depth analysis of the vitamin market in Colombia.
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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 Colombia.
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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.
415
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...
885
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...
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.
415
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...
885
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...
