Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Japan - 2023

Contents:

  1. Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Japan (CIF) - 2022
  2. Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Japan (FOB) - 2022
  3. Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Japan
  4. Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Japan

Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Japan (CIF) - 2022

In 2022, the average import price for vitamins; vitamin B6 and its derivatives, unmixeds amounted to $30,126 per ton, shrinking by -1.8% against the previous year. Overall, the import price saw a mild decline. The growth pace was the most rapid in 2018 an increase of 28%. As a result, import price attained the peak level of $47,962 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

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 ($43,097 per ton), while the price for China totaled $28,145 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.6%).

Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Japan (FOB) - 2022

In 2022, the average export price for vitamins; vitamin B6 and its derivatives, unmixeds amounted to $233,109 per ton, with a decrease of -23.9% against the previous year. Over the period under review, the export price recorded a pronounced decrease. The pace of growth was the most pronounced in 2021 when the average export price increased by 15% against the previous year. The export price peaked at $336,557 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($411,588 per ton), while the average price for exports to Singapore ($26,876 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 India (+19.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Japan

In 2022, purchases abroad of vitamins; vitamin B6 and its derivatives, unmixeds decreased by -7.5% to 261 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 17% against the previous year.

In value terms, imports of vitamins; vitamin B6 and its derivatives, unmixeds fell to $7.9M in 2022. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 24% against the previous year. As a result, imports reached the peak of $9.7M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.06.17.56.48.6%
Germany2.93.61.11.5-19.7%
OthersN/AN/AN/AN/A0%
Total7.99.78.67.90.0%

Top Suppliers of Vitamins; Vitamin B6 and Its Derivatives, Unmixed to Japan in 2022:

  1. China (226.1 tons)
  2. Germany (34.5 tons)

Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Japan

In 2022, approx. 7.3 tons of vitamins; vitamin B6 and its derivatives, unmixeds were exported from Japan; jumping by 15% compared with the year before. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 79% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of vitamins; vitamin B6 and its derivatives, unmixeds declined to $1.7M in 2022. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 105% against the previous year. As a result, the exports attained the peak of $1.9M, and then dropped in the following year.

Export of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States43756074185325.0%
South Korea25130294254229.3%
China23.86.811513477.9%
TurkeyN/AN/A51.565.326.8%
SingaporeN/AN/AN/A53.10%
Others53.871.681.751.0-1.8%
Total7659411,9321,69830.4%

Top Export Markets for Vitamins; Vitamin B6 and Its Derivatives, Unmixed from Japan in 2022:

  1. United States (2.5 tons)
  2. South Korea (2.2 tons)
  3. Singapore (2.0 tons)
  4. China (0.3 tons)
  5. Turkey (0.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Vitamins; vitamin B6 and its derivatives, unmixed - Japan