Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in South Africa - 2024
Contents:
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in South Africa (CIF) - 2022
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in South Africa (FOB) - 2022
- Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in South Africa
- Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in South Africa
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in South Africa (CIF) - 2022
The average import price for vitamins; vitamin c and its derivatives, unmixeds stood at $4,892 per ton in 2022, waning by -26% against the previous year. Over the period under review, the import price continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2018 an increase of 40% against the previous year. As a result, import price reached the peak level of $7,903 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($18,949 per ton), while the price for China ($4,368 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in South Africa (FOB) - 2022
The average export price for vitamins; vitamin c and its derivatives, unmixeds stood at $9,462 per ton in 2022, surging by 28% against the previous year. In general, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.8% 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 c and its derivatives, unmixeds increased by +45.7% against 2020 indices. The pace of growth was the most pronounced in 2018 when the average export price increased by 41% against the previous year. The export price peaked at $10,054 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Swaziland ($11,187 per ton), while the average price for exports to Angola ($5,775 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 Lesotho (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in South Africa
In 2022, overseas purchases of vitamins; vitamin c and its derivatives, unmixeds decreased by -24.9% to 2.2K tons, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +5.2% 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 -25.6% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 56%. As a result, imports reached the peak of 2.9K 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 dropped markedly to $11M in 2022. In general, imports, however, posted resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 64% against the previous year.
| Import of Vitamins; Vitamin C and Its Derivatives, Unmixed in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.8 | 9.6 | 15.2 | 8.6 | 21.5% |
| United Kingdom | 1.8 | 2.3 | 1.4 | 0.9 | -20.6% |
| Japan | 1.0 | 1.0 | 1.0 | 0.6 | -15.7% |
| Others | 0.9 | 1.0 | 1.5 | 0.6 | -12.6% |
| Total | 8.5 | 13.9 | 19.1 | 10.6 | 7.6% |
Top Suppliers of Vitamins; Vitamin C and Its Derivatives, Unmixed to South Africa in 2022:
- China (1962.9 tons)
- United Kingdom (100.0 tons)
- Japan (31.8 tons)
Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in South Africa
In 2022, shipments abroad of vitamins; vitamin c and its derivatives, unmixeds decreased by -37% to 159 tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2020 with an increase of 43%. As a result, the exports attained the peak of 264 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of vitamins; vitamin c and its derivatives, unmixeds declined markedly to $1.5M in 2022. Over the period under review, exports saw a deep setback. The growth pace was the most rapid in 2021 with an increase of 8.4%. As a result, the exports attained the peak of $1.9M, and then fell rapidly in the following year.
| Export of Vitamins; Vitamin C and Its Derivatives, Unmixed in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Swaziland | 194 | 388 | 320 | 531 | 39.9% |
| Namibia | 32.2 | 86.8 | 138 | 326 | 116.3% |
| Zambia | 137 | 232 | 328 | 132 | -1.2% |
| Zimbabwe | 123 | 111 | 414 | 107 | -4.5% |
| Malawi | 54.0 | 259 | 109 | 57.9 | 2.4% |
| Lesotho | 2.5 | 24.0 | 45.9 | 55.9 | 181.7% |
| Nigeria | 5.7 | 9.3 | 75.0 | 23.3 | 59.9% |
| Angola | 1,213 | 128 | 3.4 | 5.1 | -83.9% |
| Others | 94.1 | 478 | 429 | 264 | 41.0% |
| Total | 1,856 | 1,718 | 1,863 | 1,502 | -6.8% |
Top Export Markets for Vitamins; Vitamin C and Its Derivatives, Unmixed from South Africa in 2022:
- Namibia (50.2 tons)
- Swaziland (47.5 tons)
- Zambia (20.2 tons)
- Zimbabwe (12.6 tons)
- Lesotho (7.2 tons)
- Malawi (6.4 tons)
- Nigeria (4.0 tons)
- Angola (0.9 tons)
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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.
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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.
391
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.
1466
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...
866
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...
261
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.
391
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.
1466
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...
866
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...
