Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Colombia - 2022
Contents:
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Colombia (CIF) - 2022
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Colombia (FOB) - 2022
- Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Colombia
- Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Colombia
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Colombia (CIF) - 2022
In February 2022, the average import price for vitamins; vitamin B2 and its derivatives, unmixeds amounted to $21,836 per ton, increasing by 37% against the previous month. Overall, the import price recorded a mild expansion. The pace of growth was the most pronounced in March 2021 when the average import price increased by 156% against the previous month. As a result, import price reached the peak level of $47,574 per ton. From April 2021 to February 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was India ($113K per ton), while the price for South Korea ($14,257 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 Germany (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Colombia (FOB) - 2022
The average export price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $19,476 per ton in 2022, picking up by 8.9% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 78%. The export price peaked at $41,054 per ton in 2017; however, from 2018 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 Mexico ($64,080 per ton), while the average price for exports to Guatemala ($14,160 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 Mexico (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Colombia
In 2022, after two years of decline, there was significant growth in overseas purchases of vitamins; vitamin B2 and its derivatives, unmixeds, when their volume increased by 47% to 149 tons. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +6.2% 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.
In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds soared to $2.8M in 2022. In general, imports, however, continue to indicate a abrupt decrease.
| Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,441 | 884 | 689 | 980 | -12.1% |
| South Korea | 971 | 1,212 | 626 | 842 | -4.6% |
| China | 885 | 385 | 396 | 567 | -13.8% |
| India | 136 | 196 | 212 | 267 | 25.2% |
| Others | 73.1 | 151 | 107 | 120 | 18.0% |
| Total | 3,505 | 2,829 | 2,031 | 2,776 | -7.5% |
Top Suppliers of Vitamins; Vitamin B2 and Its Derivatives, Unmixed to Colombia in 2022:
- South Korea (79.1 tons)
- China (34.1 tons)
- Germany (32.0 tons)
- India (2.6 tons)
Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Colombia
After three years of growth, shipments abroad of vitamins; vitamin B2 and its derivatives, unmixeds decreased by -8.7% to 8.9 tons in 2022. In general, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 when exports increased by 201% against the previous year. As a result, the exports attained the peak of 9.8 tons, and then contracted in the following year.
In value terms, exports of vitamins; vitamin B2 and its derivatives, unmixeds contracted modestly to $173K in 2022. Over the period under review, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 325%.
| Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 16.3 | 17.0 | 126 | 90.9 | 77.3% |
| Venezuela | 1.4 | 5.4 | 37.5 | 31.9 | 183.5% |
| Peru | 5.2 | 1.8 | 10.7 | 21.7 | 61.0% |
| Mexico | N/A | 3.7 | N/A | 19.2 | 127.8% |
| Brazil | N/A | 12.1 | N/A | 8.0 | -18.7% |
| Netherlands | N/A | 43.1 | N/A | N/A | 0% |
| Others | N/A | 14.1 | N/A | 1.8 | -64.3% |
| Total | 22.9 | 97.1 | 175 | 173 | 96.2% |
Top Export Markets for Vitamins; Vitamin B2 and Its Derivatives, Unmixed from Colombia in 2022:
- Ecuador (5.1 tons)
- Venezuela (2.0 tons)
- Peru (1.2 tons)
- Mexico (0.3 tons)
- Brazil (0.2 tons)
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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.
404
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.
1482
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...
873
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.
404
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.
1482
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...
873
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...
