Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Panama - 2024

Contents:

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

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

In 2022, the average export price for vitamins; vitamin B6 and its derivatives, unmixeds amounted to $25,817 per ton, picking up by 7.4% against the previous year. Over the period under review, the export price posted a modest expansion. The most prominent rate of growth was recorded in 2014 an increase of 87%. The export price peaked at $51,664 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 Ecuador ($915,636 per ton), while the average price for exports to Venezuela ($2,593 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 Ecuador (+26.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for vitamins; vitamin B6 and its derivatives, unmixeds amounted to $18,277 per ton, shrinking by -13.7% against the previous year. In general, the import price, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of 15% against the previous year. The import price peaked at $32,404 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2013 to 2022, the rate of growth in terms of prices for China amounted to +6.3% per year.

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

In 2022, the amount of vitamins; vitamin B6 and its derivatives, unmixeds exported from Panama rose rapidly to 1.4 tons, picking up by 11% on the previous year's figure. Over the period under review, exports, however, faced a abrupt curtailment. The growth pace was the most rapid in 2020 with an increase of 75%. As a result, the exports attained the peak of 3.8 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of vitamins; vitamin B6 and its derivatives, unmixeds skyrocketed to $35K in 2022. Overall, exports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2020 when exports increased by 97% against the previous year. As a result, the exports reached the peak of $136K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nicaragua15.335.417.821.912.7%
Ecuador28.590.18.310.1-29.2%
Guatemala4.78.03.02.7-16.9%
Costa Rica0.51.00.40.4-7.2%
Venezuela0.81.20.40.3-27.9%
Colombia19.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total68.913629.835.4-19.9%

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

  1. Nicaragua (1003.0 kg)
  2. Guatemala (181.0 kg)
  3. Venezuela (123.0 kg)
  4. Costa Rica (51.0 kg)
  5. Ecuador (11.0 kg)

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

In 2022, the amount of vitamins; vitamin B6 and its derivatives, unmixeds imported into Panama shrank significantly to 669 kg, dropping by -30.8% compared with 2021 figures. Overall, imports recorded a dramatic curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 315%.

In value terms, imports of vitamins; vitamin B6 and its derivatives, unmixeds dropped rapidly to $12K in 2022. In general, imports showed a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 173% against the previous year.

Import of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China54.25.07.411.9-39.7%
Belgium6.80.93.0N/A-33.6%
France4.50.61.5N/A-42.3%
Netherlands5.00.23.3N/A-18.8%
Others10.20.95.30.3-69.1%
Total80.77.520.512.2-46.7%

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

  1. China (665.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
The World's Best Import Markets for Vitamins
Oct 6, 2023
Eye 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.

COVID Pandemic Instigates Global Vitamin Trade Growth
Feb 8, 2022
Eye 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. 

Which Country Imports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 1483

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...

Which Country Exports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 874

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...

The World's Best Import Markets for Vitamins
Oct 6, 2023
Eye 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.

COVID Pandemic Instigates Global Vitamin Trade Growth
Feb 8, 2022
Eye 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. 

Which Country Imports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 1483

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...

Which Country Exports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 874

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...

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