Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Ghana - 2022
Contents:
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Ghana (CIF) - 2022
- Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Ghana
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Ghana (CIF) - 2022
The average import price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $29,757 per ton in 2022, growing by 18% against the previous year. Overall, the import price showed a strong expansion. The pace of growth was the most pronounced in 2019 an increase of 46% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($651,500 per ton), while the price for India ($19,253 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+43.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Ghana
In 2022, approx. 4.7 tons of vitamins; vitamin B2 and its derivatives, unmixeds were imported into Ghana; shrinking by -37% against 2021 figures. Over the period under review, imports, however, showed a prominent increase. The pace of growth was the most pronounced in 2021 when imports increased by 119%. As a result, imports reached the peak of 7.4 tons, and then declined notably in the following year.
In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds fell rapidly to $139K in 2022. Overall, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 109%. As a result, imports attained the peak of $186K, and then dropped remarkably in the following year.
Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Africa | 30.9 | 45.7 | 67.6 | 62.2 | 26.3% |
China | 28.1 | 27.4 | 70.2 | 36.9 | 9.5% |
India | 8.5 | 10.5 | 38.7 | 30.4 | 52.9% |
Others | 3.7 | 5.1 | 9.3 | 9.1 | 35.0% |
Total | 71.1 | 88.7 | 186 | 139 | 25.0% |
Top Suppliers of Vitamins; Vitamin B2 and Its Derivatives, Unmixed to Ghana in 2022:
- India (1.6 tons)
- China (1.6 tons)
- South Africa (1.4 tons)
This report provides an in-depth analysis of the vitamin market in Ghana.
This report provides an in-depth analysis of the global vitamin market.
This report provides an in-depth analysis of the vitamin market in Ghana.
This report provides an in-depth analysis of the global vitamin market.
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.
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.
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...
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...
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.
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.
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...
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...