Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in India - 2023
Contents:
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in India (CIF) - 2022
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in India (FOB) - 2022
- Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in India
- Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in India
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in India (CIF) - 2022
The average import price for vitamins; vitamin c and its derivatives, unmixeds stood at $5,042 per ton in 2022, which is down by -21.6% against the previous year. In general, the import price continues to indicate a slight downturn. The pace of growth was the most pronounced in 2017 when the average import price increased by 65% against the previous year. Over the period under review, average import prices reached the maximum at $8,122 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($21,144 per ton), while the price for the United Arab Emirates ($3,070 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 (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in India (FOB) - 2022
In 2022, the average export price for vitamins; vitamin c and its derivatives, unmixeds amounted to $21,346 per ton, with an increase of 21% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.9%. The most prominent rate of growth was recorded in 2015 when the average export price increased by 24%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($34,241 per ton), while the average price for exports to Nigeria ($8,901 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 Indonesia (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in India
In 2022, approx. 7.6K tons of vitamins; vitamin c and its derivatives, unmixeds were imported into India; picking up by 42% compared with 2021 figures. Overall, imports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 394% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of vitamins; vitamin c and its derivatives, unmixeds reached $38M in 2022. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 288%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Vitamins; Vitamin C and Its Derivatives, Unmixed in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.0 | 28.7 | 29.4 | 34.4 | 90.2% |
| Singapore | 2.7 | 2.4 | 3.2 | 0.9 | -30.7% |
| United Arab Emirates | N/A | 0.1 | N/A | 0.5 | 123.6% |
| Others | 0.8 | 1.6 | 1.6 | 2.3 | 42.2% |
| Total | 8.4 | 32.8 | 34.2 | 38.1 | 65.5% |
Top Suppliers of Vitamins; Vitamin C and Its Derivatives, Unmixed to India in 2022:
- China (7.2K tons)
- United Arab Emirates (0.2K tons)
- Singapore (0.1K tons)
Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in India
In 2022, after three years of growth, there was significant decline in shipments abroad of vitamins; vitamin c and its derivatives, unmixeds, when their volume decreased by -14.3% to 516 tons. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 41% against the previous year. As a result, the exports attained the peak of 602 tons, and then declined in the following year.
In value terms, exports of vitamins; vitamin c and its derivatives, unmixeds stood at $11M in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +86.2% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 38%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Vitamins; Vitamin C and Its Derivatives, Unmixed in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 8.4 | 113 | 1,151 | 2,321 | 551.3% |
| United States | 190 | 855 | 818 | 1,698 | 107.5% |
| Netherlands | 985 | 1,137 | 1,143 | 1,316 | 10.1% |
| Brazil | 444 | 708 | 1,507 | 806 | 22.0% |
| United Arab Emirates | 39.6 | 719 | 596 | 802 | 172.6% |
| Iran | 1,080 | 877 | 1,188 | 618 | -17.0% |
| Indonesia | 382 | 307 | 370 | 375 | -0.6% |
| Mexico | 308 | 252 | 373 | 354 | 4.7% |
| Nepal | 202 | 323 | 455 | 247 | 6.9% |
| Chile | 2.9 | 27.0 | 169 | 226 | 327.1% |
| Sri Lanka | 67.3 | 79.7 | 288 | 218 | 48.0% |
| Australia | 33.1 | 11.3 | 169 | 83.7 | 36.2% |
| Tanzania | 449 | 1.4 | 3.1 | 3.4 | -80.4% |
| Others | 1,726 | 2,779 | 2,402 | 1,949 | 4.1% |
| Total | 5,917 | 8,189 | 10,633 | 11,017 | 23.0% |
Top Export Markets for Vitamins; Vitamin C and Its Derivatives, Unmixed from India in 2022:
- Japan (107.0 tons)
- United States (71.5 tons)
- Netherlands (63.6 tons)
- Brazil (34.6 tons)
- United Arab Emirates (29.4 tons)
- Iran (26.2 tons)
- Nepal (23.8 tons)
- Sri Lanka (18.2 tons)
- Mexico (16.0 tons)
- Indonesia (10.9 tons)
- Chile (9.4 tons)
- Australia (7.9 tons)
- Tanzania (0.4 tons)
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This report provides an in-depth analysis of the vitamin market in India.
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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 India.
2830
This report provides an in-depth analysis of the global vitamin market.
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.
1517
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...
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.
1517
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...
