Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Canada - 2024
Contents:
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Canada (CIF) - 2022
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Canada (FOB) - 2024
- Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Canada
- Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Canada
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Canada (CIF) - 2022
The average import price for vitamins; vitamin c and its derivatives, unmixeds stood at $6,653 per ton in 2022, falling by -8.5% against the previous year. Overall, the import price continues to indicate a mild setback. The growth pace was the most rapid in 2016 an increase of 57%. As a result, import price reached the peak level of $15,007 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($13,502 per ton), while the price for China ($5,423 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Canada (FOB) - 2024
The average export price for vitamins; vitamin c and its derivatives, unmixeds stood at $3,835 per ton in January 2024, falling by -28.6% against the previous month. In general, the export price saw a deep slump. The most prominent rate of growth was recorded in May 2023 an increase of 511% against the previous month. As a result, the export price reached the peak level of $52,696 per ton. From June 2023 to January 2024, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($7,785 per ton), while the average price for exports to the United States ($2,188 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+0.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Canada
In 2022, purchases abroad of vitamins; vitamin c and its derivatives, unmixeds decreased by -4.2% to 4.6K tons, falling for the second year in a row after two years of growth. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +11.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -13.8% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 62% against the previous year. As a result, imports attained the peak of 5.4K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of vitamins; vitamin c and its derivatives, unmixeds contracted to $31M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 44% against the previous year.
| Import of Vitamins; Vitamin C and Its Derivatives, Unmixed in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.0 | 21.5 | 20.9 | 16.6 | 8.5% |
| United States | 4.5 | 5.4 | 5.3 | 6.0 | 10.1% |
| United Kingdom | 1.2 | 1.5 | 4.6 | 5.2 | 63.0% |
| France | 1.2 | 1.3 | 1.4 | 1.2 | 0.0% |
| Japan | 1.3 | 1.5 | 1.5 | 0.8 | -14.9% |
| Others | 1.3 | 1.4 | 1.4 | 1.1 | -5.4% |
| Total | 22.6 | 32.6 | 35.3 | 30.9 | 11.0% |
Top Suppliers of Vitamins; Vitamin C and Its Derivatives, Unmixed to Canada in 2022:
- China (3056.3 tons)
- United States (955.6 tons)
- United Kingdom (386.9 tons)
- France (106.2 tons)
- Japan (36.7 tons)
Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Canada
After three years of growth, shipments abroad of vitamins; vitamin c and its derivatives, unmixeds decreased by -10.3% to 807 tons in 2022. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 193% against the previous year. As a result, the exports attained the peak of 900 tons, and then dropped in the following year.
In value terms, exports of vitamins; vitamin c and its derivatives, unmixeds contracted significantly to $7.1M in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 271% against the previous year. As a result, the exports attained the peak of $8.8M, and then declined markedly in the following year.
| Export of Vitamins; Vitamin C and Its Derivatives, Unmixed in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 10.4 | 1.6 | 1,394 | 3,455 | 592.6% |
| United States | 863 | 1,444 | 3,698 | 2,550 | 43.5% |
| United Kingdom | 4.2 | 57.3 | 14.4 | 291 | 310.7% |
| Hong Kong SAR | 17.6 | 36.2 | 21.7 | 273 | 149.4% |
| China | 788 | 509 | 596 | 213 | -35.3% |
| Sweden | 35.4 | 137 | 109 | 100 | 41.4% |
| Philippines | 8.4 | N/A | 2,507 | N/A | 1627.6% |
| Others | 76.6 | 199 | 503 | 181 | 33.2% |
| Total | 1,803 | 2,385 | 8,843 | 7,064 | 57.6% |
Top Export Markets for Vitamins; Vitamin C and Its Derivatives, Unmixed from Canada in 2022:
- South Korea (424.8 tons)
- United States (257.5 tons)
- United Kingdom (35.2 tons)
- Hong Kong SAR (33.9 tons)
- China (26.4 tons)
- Sweden (12.4 tons)
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This report provides an in-depth analysis of the vitamin market in Canada.
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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 Canada.
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This report provides an in-depth analysis of the global vitamin market.
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During the period analyzed, Vitamin imports peaked at 18K tons in 2021, but saw a decrease from 2022 to 2023. In terms of value, Vitamin imports significantly dropped to $235M in 2023.
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In June 2023, the Vitamin price in Canada was $12,803 per ton (CIF), showing a decrease of 15.2% compared to the previous month.
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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.
428
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.
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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...
901
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...
155
During the period analyzed, Vitamin imports peaked at 18K tons in 2021, but saw a decrease from 2022 to 2023. In terms of value, Vitamin imports significantly dropped to $235M in 2023.
529
In June 2023, the Vitamin price in Canada was $12,803 per ton (CIF), showing a decrease of 15.2% compared to the previous month.
316
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.
428
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.
