Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Malaysia - 2024
Contents:
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Malaysia (CIF) - 2024
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Malaysia (FOB) - 2022
- Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Malaysia
- Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Malaysia
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Malaysia (CIF) - 2024
In January 2024, the average import price for vitamins; vitamin B2 and its derivatives, unmixeds amounted to $26,413 per ton, with an increase of 20% against the previous month. Over the period under review, the import price, however, saw a deep downturn. The most prominent rate of growth was recorded in April 2023 an increase of 71% m-o-m. Over the period under review, average import prices reached the maximum at $62,025 per ton in January 2023; however, from February 2023 to January 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Singapore ($47,929 per ton), while the price for China stood at $23,221 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Malaysia (FOB) - 2022
In 2022, the average export price for vitamins; vitamin B2 and its derivatives, unmixeds amounted to $59,265 per ton, declining by -5.2% against the previous year. Over the period under review, the export price, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2015 an increase of 148%. The export price peaked at $71,420 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($59,637 per ton), while the average price for exports to the Philippines amounted to $55,600 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Malaysia
In 2022, approx. 59 tons of vitamins; vitamin B2 and its derivatives, unmixeds were imported into Malaysia; shrinking by -49.5% compared with 2021. In general, imports continue to indicate a sharp slump. The growth pace was the most rapid in 2021 when imports increased by 29%. As a result, imports reached the peak of 117 tons, and then fell significantly in the following year.
In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds reduced sharply to $2.2M in 2022. Over the period under review, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 10%. As a result, imports attained the peak of $3.6M, and then shrank dramatically in the following year.
| Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,357 | 1,982 | 1,793 | 918 | -27.0% |
| Germany | 519 | 450 | 690 | 807 | 15.9% |
| South Korea | 110 | 193 | 673 | 304 | 40.3% |
| Denmark | 161 | 449 | 237 | N/A | 21.3% |
| Others | 135 | 174 | 193 | 154 | 4.5% |
| Total | 3,282 | 3,248 | 3,587 | 2,184 | -12.7% |
Top Suppliers of Vitamins; Vitamin B2 and Its Derivatives, Unmixed to Malaysia in 2022:
- China (39.6 tons)
- Germany (12.4 tons)
- South Korea (5.4 tons)
Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Malaysia
In 2022, exports of vitamins; vitamin b2 and its derivatives, unmixeds from Malaysia surged to 3.5 tons, increasing by 122% compared with the previous year. Over the period under review, exports saw strong growth. 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 B2 and its derivatives, unmixeds skyrocketed to $206K in 2022. In general, exports enjoyed a measured increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 183 | 88.7 | 92.6 | 194 | 2.0% |
| Philippines | N/A | N/A | 5.5 | 12.5 | 127.3% |
| Germany | N/A | 12.3 | N/A | N/A | 0% |
| Others | N/A | 4.6 | N/A | 0.3 | -74.5% |
| Total | 183 | 106 | 98.1 | 206 | 4.0% |
Top Export Markets for Vitamins; Vitamin B2 and Its Derivatives, Unmixed from Malaysia in 2022:
- Singapore (3.2 tons)
- Philippines (0.2 tons)
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This report provides an in-depth analysis of the vitamin market in Malaysia.
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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 Malaysia.
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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...
