Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Panama - 2023
Contents:
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Panama (CIF) - 2022
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Panama (FOB) - 2022
- Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Panama
- Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Panama
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Panama (CIF) - 2022
In 2022, the average import price for vitamins; vitamin c and its derivatives, unmixeds amounted to $11,210 per ton, with a decrease of -19.4% against the previous year. In general, the import price, however, continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 70%. Over the period under review, average import prices reached the maximum at $13,912 per ton in 2021, and then reduced markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Free Zones ($23,153 per ton), while the price for China ($6,639 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Free Zones (+24.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Panama (FOB) - 2022
The average export price for vitamins; vitamin c and its derivatives, unmixeds stood at $10,824 per ton in 2022, surging by 16% against the previous year. Overall, the export price enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by 32% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Aruba ($39,600 per ton), while the average price for exports to Guatemala ($3,260 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 Colombia (+27.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Panama
In 2022, supplies from abroad of vitamins; vitamin c and its derivatives, unmixeds decreased by -44.1% to 70 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted significant growth. The growth pace was the most rapid in 2020 with an increase of 185% against the previous year.
In value terms, imports of vitamins; vitamin c and its derivatives, unmixeds declined dramatically to $781K in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 386% against the previous year.
| Import of Vitamins; Vitamin C and Its Derivatives, Unmixed in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 75.5 | 391 | 543 | 344 | 65.8% |
| Free Zones | 2.8 | N/A | N/A | 338 | 394.2% |
| United States | 34.9 | 122 | 194 | 51.2 | 13.6% |
| Hong Kong SAR | 24.4 | 85.9 | 90.0 | N/A | 92.1% |
| Ecuador | 68.4 | 484 | 452 | N/A | 157.1% |
| Guatemala | 29.3 | 54.8 | 29.6 | N/A | 0.5% |
| Italy | 13.0 | 83.7 | 247 | N/A | 335.9% |
| Others | 30.7 | 135 | 180 | 47.5 | 15.7% |
| Total | 279 | 1,357 | 1,735 | 781 | 40.9% |
Top Suppliers of Vitamins; Vitamin C and Its Derivatives, Unmixed to Panama in 2022:
- China (51.9 tons)
- Free Zones (14.6 tons)
- United States (2.3 tons)
Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Panama
In 2022, shipments abroad of vitamins; vitamin c and its derivatives, unmixeds decreased by -71.3% to 1.8 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a sharp shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 18%.
In value terms, exports of vitamins; vitamin c and its derivatives, unmixeds dropped rapidly to $19K in 2022. Over the period under review, exports continue to indicate a precipitous shrinkage. The growth pace was the most rapid in 2021 when exports increased by 22%. As a result, the exports reached the peak of $57K, and then dropped significantly in the following year.
| Export of Vitamins; Vitamin C and Its Derivatives, Unmixed in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 13.5 | 11.8 | 12.7 | 4.5 | -30.7% |
| Aruba | 0.9 | 4.7 | 10.2 | 3.6 | 58.7% |
| Guatemala | 6.8 | 12.0 | 10.9 | 3.2 | -22.2% |
| Venezuela | 6.0 | 3.5 | 9.3 | 2.7 | -23.4% |
| Haiti | 5.5 | 5.6 | 5.0 | 1.5 | -35.2% |
| El Salvador | 3.4 | 2.9 | 3.0 | 1.0 | -33.5% |
| Dominican Republic | 4.8 | 3.6 | 3.4 | 1.0 | -40.7% |
| Others | 5.7 | 2.8 | 2.8 | 1.7 | -33.2% |
| Total | 46.6 | 46.9 | 57.3 | 19.1 | -25.7% |
Top Export Markets for Vitamins; Vitamin C and Its Derivatives, Unmixed from Panama in 2022:
- Guatemala (978.0 kg)
- Honduras (216.0 kg)
- Venezuela (190.0 kg)
- Haiti (129.0 kg)
- Aruba (90.0 kg)
- Dominican Republic (61.0 kg)
- El Salvador (46.0 kg)
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This report provides an in-depth analysis of the vitamin market in Panama.
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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 Panama.
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This report provides an in-depth analysis of the global vitamin market.
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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.
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.
1495
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.
1495
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...
