Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Thailand - 2024
Contents:
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Thailand (CIF) - 2024
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Thailand (FOB) - 2022
- Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Thailand
- Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Thailand
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Thailand (CIF) - 2024
In January 2024, the average import price for vitamins; vitamin c and its derivatives, unmixeds amounted to $3,429 per ton, dropping by -21.7% against the previous month. In general, the import price continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in September 2023 an increase of 41% against the previous month. As a result, import price attained the peak level of $6,287 per ton. From October 2023 to January 2024, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was France ($8,010 per ton), while the price for China stood at $2,248 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by France (-1.4%).
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Thailand (FOB) - 2022
In 2022, the average export price for vitamins; vitamin c and its derivatives, unmixeds amounted to $5,112 per ton, dropping by -28% against the previous year. Overall, the export price recorded a noticeable reduction. The pace of growth appeared the most rapid in 2013 an increase of 56%. As a result, the export price attained the peak level of $12,084 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($12,697 per ton), while the average price for exports to Malaysia ($2,142 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 Hong Kong SAR (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Thailand
In 2022, approx. 3.1K tons of vitamins; vitamin c and its derivatives, unmixeds were imported into Thailand; with a decrease of -13.1% compared with the year before. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 19%. As a result, imports reached the peak of 3.6K tons, and then reduced in the following year.
In value terms, imports of vitamins; vitamin c and its derivatives, unmixeds dropped rapidly to $21M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +8.3% 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 increased by +27.2% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 37% against the previous year. As a result, imports reached the peak of $26M, and then shrank rapidly in the following year.
| Import of Vitamins; Vitamin C and Its Derivatives, Unmixed in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.7 | 7.8 | 13.8 | 11.0 | 24.5% |
| France | 7.5 | 8.2 | 8.6 | 7.0 | -2.3% |
| United Kingdom | 0.9 | 0.7 | 0.9 | 0.6 | -12.6% |
| Others | 2.4 | 2.3 | 2.7 | 2.3 | -1.4% |
| Total | 16.4 | 19.0 | 26.0 | 20.9 | 8.4% |
Top Suppliers of Vitamins; Vitamin C and Its Derivatives, Unmixed to Thailand in 2022:
- China (2291.7 tons)
- France (742.9 tons)
- United Kingdom (47.4 tons)
Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Thailand
In 2022, approx. 203 tons of vitamins; vitamin c and its derivatives, unmixeds were exported from Thailand; picking up by 6.1% on 2021 figures. Over the period under review, exports, however, saw a noticeable curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 41% against the previous year. As a result, the exports attained the peak of 316 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of vitamins; vitamin c and its derivatives, unmixeds dropped remarkably to $1M in 2022. Overall, exports, however, continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 7%. As a result, the exports attained the peak of $2.4M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Vitamins; Vitamin C and Its Derivatives, Unmixed in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 353 | 184 | 186 | 383 | 2.8% |
| Australia | N/A | 0.4 | 0.2 | 228 | 2287.5% |
| China | 462 | 379 | 316 | 163 | -29.3% |
| Lao People's Democratic Republic | 22.1 | 97.4 | 63.2 | 98.8 | 64.7% |
| Myanmar | 23.5 | 145 | 160 | 65.3 | 40.6% |
| India | N/A | N/A | N/A | 47.5 | 0% |
| Hong Kong SAR | 1,299 | 1,419 | 516 | 23.4 | -73.8% |
| Peru | N/A | N/A | 57.2 | N/A | 0% |
| Others | 123 | 215 | 56.6 | 26.0 | -40.4% |
| Total | 2,281 | 2,441 | 1,355 | 1,035 | -23.2% |
Top Export Markets for Vitamins; Vitamin C and Its Derivatives, Unmixed from Thailand in 2022:
- Cambodia (65.8 tons)
- Australia (48.1 tons)
- China (37.1 tons)
- Myanmar (22.4 tons)
- India (10.0 tons)
- Lao People's Democratic Republic (7.8 tons)
- Hong Kong SAR (4.5 tons)
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This report provides an in-depth analysis of the vitamin market in Thailand.
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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 Thailand.
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...
