Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in South Africa - 2024
Contents:
- Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in South Africa (CIF) - 2024
- Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in South Africa (FOB) - 2022
- Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in South Africa
- Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in South Africa
Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in South Africa (CIF) - 2024
The average import price for vitamins; vitamin B6 and its derivatives, unmixeds stood at $19,379 per ton in January 2024, increasing by 51% against the previous month. Overall, the import price, however, recorded a slight setback. Over the period under review, average import prices attained the peak figure at $33,553 per ton in June 2023; however, from July 2023 to January 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was China ($20,667 per ton), while the price for the Netherlands stood at $10,811 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Singapore (0.0%), while the prices for the other major suppliers experienced a decline.
Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in South Africa (FOB) - 2022
The average export price for vitamins; vitamin B6 and its derivatives, unmixeds stood at $27,036 per ton in 2022, growing by 31% against the previous year. In general, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for vitamins; vitamin B6 and its derivatives, unmixeds increased by +92.8% against 2020 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by 71% against the previous year. As a result, the export price attained the peak level of $28,596 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zambia ($46,819 per ton), while the average price for exports to Lesotho ($5,394 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 Mozambique (+28.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in South Africa
In 2022, purchases abroad of vitamins; vitamin B6 and its derivatives, unmixeds decreased by -2.5% to 89 tons, falling for the second consecutive year after two years of growth. Overall, total imports indicated noticeable growth from 2019 to 2022: its volume increased at an average annual rate of +3.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -27.8% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 51%. As a result, imports attained the peak of 123 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of vitamins; vitamin B6 and its derivatives, unmixeds fell to $1.9M in 2022. In general, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2020 when imports increased by 18%. As a result, imports reached the peak of $2.7M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,167 | 2,249 | 1,834 | 1,717 | -7.5% |
| Netherlands | N/A | 0.1 | 26.1 | 66.8 | 2484.6% |
| Hong Kong SAR | 61.0 | N/A | 26.0 | 43.2 | -10.9% |
| Germany | 66.0 | 442 | 77.3 | 11.6 | -44.0% |
| Others | 9.3 | 22.7 | 22.5 | 16.6 | 21.3% |
| Total | 2,303 | 2,714 | 1,986 | 1,856 | -6.9% |
Top Suppliers of Vitamins; Vitamin B6 and Its Derivatives, Unmixed to South Africa in 2022:
- China (80.5 tons)
- Netherlands (5.0 tons)
- Hong Kong SAR (2.2 tons)
- Germany (0.3 tons)
Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in South Africa
In 2022, the amount of vitamins; vitamin B6 and its derivatives, unmixeds exported from South Africa fell rapidly to 1.6 tons, dropping by -45.1% compared with 2021. In general, exports showed a sharp descent. The smallest decline of -26.1% was in 2021.
In value terms, exports of vitamins; vitamin B6 and its derivatives, unmixeds declined significantly to $44K in 2022. Over the period under review, exports saw a significant decline. The growth pace was the most rapid in 2021 when exports increased by 8.7%.
| Export of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | 6.9 | 18.1 | 20.6 | 14.7 | 28.7% |
| Zambia | N/A | 1.0 | 20.1 | 12.9 | 259.2% |
| Botswana | 1.5 | 0.8 | 9.9 | 7.8 | 73.2% |
| Mozambique | 47.4 | N/A | N/A | 4.3 | -55.1% |
| Swaziland | 2.8 | 0.9 | 7.9 | 2.5 | -3.7% |
| Switzerland | N/A | N/A | N/A | 0.7 | 0% |
| Lesotho | 0.6 | 5.5 | 1.2 | 0.4 | -12.6% |
| Namibia | 2.2 | 8.6 | 1.0 | 0.1 | -64.3% |
| United Arab Emirates | 67.8 | 20.8 | N/A | N/A | -69.3% |
| Others | N/A | 0.1 | N/A | 0.2 | 41.4% |
| Total | 129 | 55.8 | 60.6 | 43.6 | -30.3% |
Top Export Markets for Vitamins; Vitamin B6 and Its Derivatives, Unmixed from South Africa in 2022:
- Zimbabwe (502.0 kg)
- Mozambique (300.0 kg)
- Botswana (300.0 kg)
- Zambia (276.0 kg)
- Swaziland (124.0 kg)
- Lesotho (71.0 kg)
- Switzerland (26.0 kg)
- Namibia (6.0 kg)
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This report provides an in-depth analysis of the vitamin market in South Africa.
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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 South Africa.
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This report provides an in-depth analysis of the global vitamin market.
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...
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...
