Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Morocco - 2023
Contents:
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Morocco (CIF) - 2022
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Morocco (FOB) - 2022
- Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Morocco
- Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Morocco
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Morocco (CIF) - 2022
The average import price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $62,402 per ton in 2022, with an increase of 11% against the previous year. In general, the import price, however, continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by 53%. The import price peaked at $86,254 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
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 France ($165,322 per ton), while the price for China ($33,178 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+19.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Morocco (FOB) - 2022
The average export price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $75,900 per ton in 2021, stabilizing at the previous year. Over the period under review, the export price recorded a precipitous contraction. The pace of growth was the most pronounced in 2017 when the average export price decreased by -28%. The export price peaked at $1,817,167 per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for South Africa.
From 2015 to 2021, the rate of growth in terms of prices for South Africa amounted to +36.1% per year.
Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Morocco
After three years of growth, overseas purchases of vitamins; vitamin B12 and its derivatives, unmixeds decreased by -23% to 7.3 tons in 2022. Over the period under review, imports continue to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 9.9% against the previous year.
In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds reduced to $456K in 2022. Overall, imports continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of 19%. As a result, imports reached the peak of $532K, and then contracted in the following year.
| Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 226 | 248 | 344 | 234 | 1.2% |
| China | 155 | 139 | 121 | 155 | 0.0% |
| Spain | 57.8 | 26.6 | 52.3 | 24.6 | -24.8% |
| Switzerland | 5.4 | 3.4 | 6.1 | 15.4 | 41.8% |
| Netherlands | 25.0 | 16.8 | 4.4 | 8.4 | -30.5% |
| Germany | 11.6 | 1.9 | 3.1 | 5.4 | -22.5% |
| Others | 6.9 | 9.1 | 1.2 | 13.0 | 23.5% |
| Total | 487 | 446 | 532 | 456 | -2.2% |
Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to Morocco in 2022:
- China (4.7 tons)
- France (1.4 tons)
- Switzerland (0.4 tons)
- Spain (0.4 tons)
- Netherlands (0.2 tons)
- Germany (0.1 tons)
Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Morocco
In 2021, exports of vitamins; vitamin b12 and its derivatives, unmixeds from Morocco amounted to 10 kg, approximately reflecting 2020 figures. Over the period under review, exports saw a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are likely to see steady growth in the immediate term.
In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds amounted to $759 in 2021. Overall, exports saw significant growth. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are likely to see gradual growth in years to come.
| Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Morocco (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| South Africa | 41.0 | N/A | 759 | 330.3% | |
| Cote d'Ivoire | 189 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 230 | N/A | 759 | 81.7% | |
Top Export Markets for Vitamins; Vitamin B12 and Its Derivatives, Unmixed from Morocco in 2022:
- South Africa (10.0 kg)
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This report provides an in-depth analysis of the vitamin market in Morocco.
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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 Morocco.
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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.
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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...
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...
