Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Guatemala - 2023
Contents:
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Guatemala (CIF) - 2022
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Guatemala (FOB) - 2022
- Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Guatemala
- Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Guatemala
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Guatemala (CIF) - 2022
In 2022, the average import price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $95,532 per ton, reducing by -30.3% against the previous year. Overall, the import price, however, enjoyed a notable increase. The growth pace was the most rapid in 2019 when the average import price increased by 132% against the previous year. The import price peaked at $218,818 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($359,256 per ton), while the price for Mexico ($21,457 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Guatemala (FOB) - 2022
The average export price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $42,469 per ton in 2022, rising by 32% against the previous year. Over the period under review, the export price showed a mild increase. The most prominent rate of growth was recorded in 2014 an increase of 82% against the previous year. As a result, the export price reached the peak level of $80,263 per ton. From 2015 to 2022, the average export prices remained at a somewhat 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 El Salvador ($46,008 per ton), while the average price for exports to Costa Rica ($10,000 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 El Salvador (+7.9%), while the prices for the other major destinations experienced a decline.
Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Guatemala
Imports of vitamins; vitamin B12 and its derivatives, unmixeds into Guatemala surged to 18 tons in 2022, rising by 157% against the previous year's figure. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds soared to $1.7M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +6.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 981 | 617 | 589 | 1,297 | 9.8% |
| France | 190 | 314 | 199 | 280 | 13.8% |
| Belgium | 13.0 | 1.6 | N/A | 28.5 | 29.9% |
| Mexico | 10.8 | 6.1 | 23.0 | 8.5 | -7.7% |
| Switzerland | N/A | N/A | 6.5 | 4.5 | -30.8% |
| Germany | 80.9 | 114 | 33.8 | N/A | -35.4% |
| Netherlands | 18.5 | 2.3 | N/A | N/A | -87.6% |
| Others | 102 | 73.6 | 83.5 | 57.3 | -17.5% |
| Total | 1,396 | 1,129 | 935 | 1,675 | 6.3% |
Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to Guatemala in 2022:
- China (15.8 tons)
- France (0.8 tons)
- Mexico (0.4 tons)
- Belgium (0.3 tons)
- Switzerland (0.2 tons)
Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Guatemala
In 2022, overseas shipments of vitamins; vitamin B12 and its derivatives, unmixeds decreased by -13.1% to 6.5 tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +3.5% over the period 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 2020 when exports increased by 35%. As a result, the exports reached the peak of 7.9 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds stood at $276K in 2022. Over the period under review, exports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 134%. As a result, the exports reached the peak of $510K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 91.3 | 215 | 100 | 167 | 22.3% |
| Dominican Republic | 44.4 | 78.7 | 60.0 | 95.1 | 28.9% |
| Jamaica | 30.0 | 14.2 | 28.1 | 7.1 | -38.1% |
| Honduras | 15.2 | 19.7 | 36.8 | 6.6 | -24.3% |
| Nicaragua | 14.5 | 39.1 | 2.9 | N/A | -55.3% |
| Costa Rica | 1.1 | 9.9 | 13.1 | N/A | 245.1% |
| Cuba | N/A | 134 | N/A | N/A | 0% |
| Others | 21.2 | N/A | N/A | N/A | 0% |
| Total | 218 | 510 | 241 | 276 | 8.2% |
Top Export Markets for Vitamins; Vitamin B12 and Its Derivatives, Unmixed from Guatemala in 2022:
- El Salvador (3.6 tons)
- Dominican Republic (2.3 tons)
- Jamaica (0.3 tons)
- Honduras (0.3 tons)
111
This report provides an in-depth analysis of the vitamin market in Guatemala.
2813
This report provides an in-depth analysis of the global vitamin market.
111
This report provides an in-depth analysis of the vitamin market in Guatemala.
2813
This report provides an in-depth analysis of the global vitamin market.
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...
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.
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...
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...
