Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Panama - 2023
Contents:
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Panama (FOB) - 2022
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Panama (CIF) - 2022
- Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Panama
- Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Panama
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Panama (FOB) - 2022
The average export price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $34,213 per ton in 2022, stabilizing at the previous year. Over the period under review, the export price, however, continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 57% against the previous year. Over the period under review, the average export prices attained the peak figure at $44,130 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Guatemala.
From 2012 to 2022, the rate of growth in terms of prices for Venezuela amounted to +228.8% per year.
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Panama (CIF) - 2022
In 2022, the average import price for vitamins; vitamin B2 and its derivatives, unmixeds amounted to $44,221 per ton, increasing by 119% against the previous year. Overall, the import price continues to indicate strong growth. The growth pace was the most rapid in 2014 when the average import price increased by 131% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in years to come.
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 Germany ($99,220 per ton), while the price for China ($33,159 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+26.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Panama
In 2022, the amount of vitamins; vitamin B2 and its derivatives, unmixeds exported from Panama expanded remarkably to 1.2 tons, increasing by 6.6% against 2021. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 722% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of vitamins; vitamin B2 and its derivatives, unmixeds expanded sharply to $41K in 2022. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 714% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 5.6 | 3.5 | 33.1 | 34.6 | 83.5% |
| Colombia | 12.2 | N/A | N/A | N/A | 0% |
| Others | 0.9 | 1.3 | 6.2 | 6.8 | 96.2% |
| Total | 18.8 | 4.8 | 39.2 | 41.4 | 30.1% |
Top Export Markets for Vitamins; Vitamin B2 and Its Derivatives, Unmixed from Panama in 2022:
- Guatemala (1206.0 kg)
Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Panama
In 2022, imports of vitamins; vitamin B2 and its derivatives, unmixeds into Panama fell notably to 648 kg, shrinking by -26.8% on the year before. In general, imports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 59% against the previous year.
In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds soared to $29K in 2022. Over the period under review, imports showed a significant decrease.
| Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 63.5 | 0.8 | 1.4 | 17.5 | -34.9% |
| Germany | 0.2 | 0.1 | 0.1 | 4.1 | 173.7% |
| Switzerland | N/A | N/A | N/A | 3.7 | 0% |
| France | N/A | 0.2 | 0.7 | 3.1 | 293.7% |
| Italy | 43.2 | 8.7 | 11.0 | N/A | -49.5% |
| Netherlands | 9.5 | 1.3 | 1.2 | N/A | -64.5% |
| Others | 23.0 | 2.5 | 3.5 | 0.2 | -79.4% |
| Total | 139 | 13.6 | 17.9 | 28.7 | -40.9% |
Top Suppliers of Vitamins; Vitamin B2 and Its Derivatives, Unmixed to Panama in 2022:
- China (528.0 kg)
- Germany (41.0 kg)
- Switzerland (38.0 kg)
- France (32.0 kg)
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This report provides an in-depth analysis of the vitamin market in Panama.
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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 Panama.
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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.
414
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.
1494
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...
883
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...
290
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.
414
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.
1494
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...
883
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...
