Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in South Africa - 2024
Contents:
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in South Africa (CIF) - 2022
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in South Africa (FOB) - 2022
- Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in South Africa
- Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in South Africa
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in South Africa (CIF) - 2022
The average import price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $11,846 per ton in 2022, declining by -14.7% against the previous year. Overall, the import price continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by 57%. As a result, import price attained the peak level of $26,702 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($51,162 per ton), while the price for the Netherlands ($2,201 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+3.3%), while the prices for the other major suppliers experienced a decline.
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in South Africa (FOB) - 2022
In 2022, the average export price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $7,313 per ton, declining by -27.2% against the previous year. Overall, the export price showed a mild shrinkage. The pace of growth appeared the most rapid in 2014 an increase of 428% against the previous year. As a result, the export price attained the peak level of $24,328 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Namibia ($27,984 per ton), while the average price for exports to Zambia ($4,107 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 Mozambique (+13.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in South Africa
For the fourth consecutive year, South Africa recorded growth in supplies from abroad of vitamins; vitamin B12 and its derivatives, unmixeds, which increased by 4.7% to 80 tons in 2022. The total import volume increased at an average annual rate of +11.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 33% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds dropped to $946K in 2022. Overall, imports, however, recorded a mild downturn. The most prominent rate of growth was recorded in 2021 with an increase of 24%. As a result, imports reached the peak of $1.1M, and then contracted in the following year.
| Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 542 | 503 | 718 | 484 | -3.7% |
| France | 77.3 | 95.8 | 88.1 | 152 | 25.3% |
| Switzerland | 258 | 118 | 130 | 102 | -26.6% |
| Germany | 3.1 | 2.8 | 0.3 | 74.2 | 188.2% |
| Netherlands | 70.9 | 103 | 73.1 | 71.5 | 0.3% |
| United States | 12.8 | 18.4 | 27.9 | 52.2 | 59.8% |
| Others | 23.1 | 14.5 | 22.0 | 8.6 | -28.1% |
| Total | 988 | 856 | 1,059 | 946 | -1.4% |
Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to South Africa in 2022:
- Netherlands (32.5 tons)
- China (30.0 tons)
- France (10.0 tons)
- Germany (3.6 tons)
- Switzerland (2.0 tons)
- United States (1.6 tons)
Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in South Africa
In 2022, shipments abroad of vitamins; vitamin B12 and its derivatives, unmixeds decreased by -46.5% to 2.5 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw prominent growth. The growth pace was the most rapid in 2020 with an increase of 67%.
In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds contracted significantly to $19K in 2022. Over the period under review, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 20%.
| Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | 6.6 | 4.6 | 5.2 | 7.5 | 4.4% |
| Mozambique | N/A | N/A | N/A | 5.5 | 0% |
| Botswana | N/A | 14.4 | 9.7 | 2.2 | -60.9% |
| Namibia | 14.8 | 2.8 | 8.1 | 1.8 | -50.5% |
| Zambia | N/A | 1.3 | N/A | 0.1 | -72.3% |
| United Arab Emirates | 9.9 | 16.5 | 21.9 | N/A | 48.7% |
| Others | 4.3 | 3.0 | 2.7 | 1.3 | -32.9% |
| Total | 35.6 | 42.7 | 47.6 | 18.5 | -19.6% |
Top Export Markets for Vitamins; Vitamin B12 and Its Derivatives, Unmixed from South Africa in 2022:
- Zimbabwe (1397.0 kg)
- Mozambique (899.0 kg)
- Botswana (105.0 kg)
- Namibia (64.0 kg)
- Zambia (28.0 kg)
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This report provides an in-depth analysis of the vitamin market in South Africa.
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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 South Africa.
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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...
