Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in India - 2023
Contents:
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in India (CIF) - 2022
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in India (FOB) - 2022
- Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in India
- Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in India
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in India (CIF) - 2022
In 2022, the average import price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $1,073,870 per ton, declining by -10.9% against the previous year. Over the period under review, the import price showed a abrupt decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by 70% against the previous year. The import price peaked at $2,608,889 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -6.9% per year.
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in India (FOB) - 2022
In 2022, the average export price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $106,629 per ton, falling by -44.6% against the previous year. In general, the export price showed a abrupt descent. The pace of growth appeared the most rapid in 2015 an increase of 105% against the previous year. The export price peaked at $351,296 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($4,890,000 per ton), while the average price for exports to the UK ($1,000 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 Singapore (+71.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in India
Imports of vitamins; vitamin B12 and its derivatives, unmixeds into India expanded slightly to 33 tons in 2022, surging by 2.7% against the year before. The total import volume increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 13%. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds declined to $36M in 2022. Overall, imports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 1.9% against the previous year.
| Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 43.8 | 35.3 | 35.7 | 33.6 | -8.5% |
| Hong Kong SAR | N/A | 1.1 | 1.1 | 0.4 | -39.7% |
| Others | 1.1 | 1.7 | 2.1 | 1.6 | 13.3% |
| Total | 44.9 | 38.2 | 38.9 | 35.6 | -7.4% |
Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to India in 2022:
- China (31.9 tons)
- Hong Kong SAR (0.3 tons)
Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in India
For the fourth consecutive year, India recorded growth in shipments abroad of vitamins; vitamin B12 and its derivatives, unmixeds, which increased by 88% to 33 tons in 2022. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds rose to $3.5M in 2022. Over the period under review, exports, however, recorded a deep reduction.
| Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 865 | 673 | 997 | 787 | -3.1% |
| United Arab Emirates | 75.4 | 114 | 5.5 | 328 | 63.2% |
| Nepal | 313 | 212 | 336 | 324 | 1.2% |
| Saudi Arabia | 98.3 | 350 | 214 | 194 | 25.4% |
| Germany | 68.1 | 44.1 | 57.5 | 193 | 41.5% |
| Egypt | 305 | 224 | 71.2 | 140 | -22.9% |
| Spain | 39.2 | 83.3 | 40.1 | 74.6 | 23.9% |
| Ghana | 12.5 | 12.6 | 17.0 | 41.1 | 48.7% |
| Kenya | 78.0 | 12.4 | 16.5 | 25.3 | -31.3% |
| Qatar | N/A | N/A | 15.3 | 14.5 | -5.2% |
| Haiti | N/A | N/A | N/A | 3.4 | 0% |
| United Kingdom | 31.6 | 25.6 | N/A | N/A | -19.0% |
| Others | 2,295 | 1,582 | 1,636 | 1,416 | -14.9% |
| Total | 4,181 | 3,334 | 3,405 | 3,541 | -5.4% |
Top Export Markets for Vitamins; Vitamin B12 and Its Derivatives, Unmixed from India in 2022:
- Pakistan (10.7 tons)
- United Arab Emirates (5.7 tons)
- Qatar (5.2 tons)
- Nepal (2.0 tons)
- Saudi Arabia (1.1 tons)
- Haiti (0.8 tons)
- Ghana (0.7 tons)
- Spain (0.7 tons)
- Germany (0.6 tons)
- Egypt (0.4 tons)
- Kenya (0.3 tons)
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This report provides an in-depth analysis of the vitamin market in India.
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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 India.
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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.
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...
