Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in the Dominican Republic - 2023
Contents:
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in the Dominican Republic (CIF) - 2022
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in the Dominican Republic (FOB) - 2022
- Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in the Dominican Republic
- Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in the Dominican Republic
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in the Dominican Republic (CIF) - 2022
In 2022, the average import price for vitamins; vitamin c and its derivatives, unmixeds amounted to $6,585 per ton, shrinking by -14.1% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 72% against the previous year. Over the period under review, average import prices attained the peak figure at $8,978 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($15,815 per ton), while the price for China ($6,158 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in the Dominican Republic (FOB) - 2022
The average export price for vitamins; vitamin c and its derivatives, unmixeds stood at $6,208 per ton in 2022, declining by -28.8% against the previous year. Over the period under review, the export price saw a deep reduction. The pace of growth was the most pronounced in 2017 an increase of 88%. As a result, the export price attained the peak level of $25,500 per ton. From 2018 to 2022, the average export prices remained at a somewhat 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 Haiti ($8,354 per ton), while the average price for exports to Cuba totaled $200 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (-7.8%).
Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in the Dominican Republic
For the fourth consecutive year, the Dominican Republic recorded growth in overseas purchases of vitamins; vitamin c and its derivatives, unmixeds, which increased by 56% to 253 tons in 2022. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of vitamins; vitamin c and its derivatives, unmixeds skyrocketed to $1.7M in 2022. Overall, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 78% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.
| Import of Vitamins; Vitamin C and Its Derivatives, Unmixed in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 586 | 559 | 1,101 | 1,466 | 35.8% |
| Mexico | 25.7 | 19.8 | 28.9 | 100 | 57.3% |
| Chile | 0.3 | N/A | N/A | 35.2 | 389.6% |
| Others | 80.4 | 117 | 111 | 65.2 | -6.7% |
| Total | 692 | 696 | 1,241 | 1,666 | 34.0% |
Top Suppliers of Vitamins; Vitamin C and Its Derivatives, Unmixed to the Dominican Republic in 2022:
- China (238.1 tons)
- Mexico (6.3 tons)
- Chile (4.7 tons)
Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in the Dominican Republic
In 2022, the amount of vitamins; vitamin c and its derivatives, unmixeds exported from the Dominican Republic skyrocketed to 3.8 tons, rising by 308% compared with 2021. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 46,500%. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, exports of vitamins; vitamin c and its derivatives, unmixeds soared to $24K in 2022. In general, exports recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 45,039%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.
| Export of Vitamins; Vitamin C and Its Derivatives, Unmixed in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | 0.3 | N/A | 8.0 | 23.4 | 327.3% |
| Cuba | N/A | N/A | N/A | 0.2 | 0% |
| Others | N/A | N/A | 0.2 | N/A | 0% |
| Total | 0.3 | N/A | 8.1 | 23.6 | 328.5% |
Top Export Markets for Vitamins; Vitamin C and Its Derivatives, Unmixed from the Dominican Republic in 2022:
- Haiti (2.8 tons)
- Cuba (1.0 tons)
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This report provides an in-depth analysis of the vitamin market in the Dominican Republic.
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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 the Dominican Republic.
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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.
415
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...
885
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...
291
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.
415
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...
885
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...
