Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Indonesia - 2022

Contents:

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

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

In March 2022, the average import price for vitamins; vitamin c and its derivatives, unmixeds amounted to $6,683 per ton, reducing by -6.8% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2022 when the average import price increased by 18% against the previous month. The import price peaked at $7,818 per ton in April 2021; however, from May 2021 to March 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was the United States ($25,075 per ton), while the price for China ($4,874 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by the UK (+2.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for vitamins; vitamin c and its derivatives, unmixeds amounted to $5,519 per ton, shrinking by -38.8% against the previous year. Over the period under review, the export price, however, showed a mild increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 112%. Over the period under review, the average export prices hit record highs at $10,313 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($12,320 per ton), while the average price for exports to Brunei Darussalam ($1,062 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 Timor-Leste (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Indonesia

In 2022, after three years of growth, there was significant decline in purchases abroad of vitamins; vitamin c and its derivatives, unmixeds, when their volume decreased by -32.1% to 5.8K tons. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +8.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 57%.

In value terms, imports of vitamins; vitamin c and its derivatives, unmixeds declined notably to $33M in 2022. Over the period under review, imports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 56%. As a result, imports attained the peak of $60M, and then reduced sharply in the following year.

Import of Vitamins; Vitamin C and Its Derivatives, Unmixed in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China16.327.546.025.215.6%
United States1.72.76.62.310.6%
United Kingdom3.93.62.62.1-18.6%
Others2.64.44.63.611.5%
Total24.638.359.833.210.5%

Top Suppliers of Vitamins; Vitamin C and Its Derivatives, Unmixed to Indonesia in 2022:

  1. China (5.5K tons)
  2. United Kingdom (0.2K tons)
  3. United States (0.1K tons)

Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Indonesia

In 2022, overseas shipments of vitamins; vitamin c and its derivatives, unmixeds increased by 100% to 39 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a relatively flat trend pattern.

In value terms, exports of vitamins; vitamin c and its derivatives, unmixeds soared to $215K in 2022. Overall, exports, however, continue to indicate a deep contraction.

Export of Vitamins; Vitamin C and Its Derivatives, Unmixed in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China24.20.3N/A14481.2%
Hong Kong SAR3.912.026.431.2100.0%
HungaryN/AN/AN/A16.50%
Brunei DarussalamN/AN/A3.59.0157.1%
Timor-Leste2.01.017.28.058.7%
Singapore90.128.62.81.3-75.7%
NigeriaN/AN/A58.9N/A0%
Philippines1538.644.0N/A-46.4%
AustraliaN/A73.7N/AN/A0%
Others1.222.222.45.162.0%
Total274146175215-7.8%

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

  1. China (23.0 tons)
  2. Brunei Darussalam (8.5 tons)
  3. Hong Kong SAR (3.9 tons)
  4. Hungary (1.7 tons)
  5. Timor-Leste (0.8 tons)
  6. Singapore (0.5 tons)
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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.

COVID Pandemic Instigates Global Vitamin Trade Growth
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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?
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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...

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

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