Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in the UK - 2023
Contents:
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in the UK (FOB) - 2022
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in the UK (CIF) - 2023
- Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in the UK
- Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in the UK
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in the UK (FOB) - 2022
In 2022, the average export price for vitamins; vitamin c and its derivatives, unmixeds amounted to $12,021 per ton, with an increase of 11% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $13,137 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($28,441 per ton), while the average price for exports to Vietnam ($7,052 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 France (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in the UK (CIF) - 2023
The average import price for vitamins; vitamin c and its derivatives, unmixeds stood at $3,207 per ton in December 2023, declining by -40.4% against the previous month. Overall, the import price recorded a abrupt downturn. The most prominent rate of growth was recorded in March 2023 an increase of 72% m-o-m. Over the period under review, average import prices reached the peak figure at $6,689 per ton in December 2022; however, from January 2023 to December 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2022 to December 2023, the rate of growth in terms of prices for China amounted to -4.5% per month.
Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in the UK
Exports of vitamins; vitamin c and its derivatives, unmixeds from the UK rose significantly to 25K tons in 2022, picking up by 8.4% compared with 2021. Overall, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +16.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -8.7% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 73%. As a result, the exports attained the peak of 27K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of vitamins; vitamin c and its derivatives, unmixeds surged to $299M in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +86.7% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 68%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Vitamins; Vitamin C and Its Derivatives, Unmixed in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 32.8 | 30.9 | 39.2 | 41.6 | 8.2% |
| South Korea | 26.2 | 39.0 | 34.0 | 41.5 | 16.6% |
| Netherlands | 1.4 | 1.1 | 1.2 | 19.3 | 139.8% |
| Japan | 9.1 | 10.1 | 10.2 | 12.4 | 10.9% |
| Singapore | 10.0 | 6.4 | 6.5 | 11.7 | 5.4% |
| Canada | 1.2 | 1.5 | 4.6 | 5.2 | 63.0% |
| Germany | 9.0 | 8.7 | 5.2 | 4.4 | -21.2% |
| Argentina | 2.3 | 1.4 | 2.7 | 2.8 | 6.8% |
| Vietnam | 2.9 | 2.4 | 2.9 | 2.4 | -6.1% |
| Poland | 6.0 | 7.0 | 5.6 | 2.2 | -28.4% |
| Brazil | 4.8 | 2.4 | 2.3 | 2.0 | -25.3% |
| Mexico | 5.9 | 5.7 | 2.6 | 1.6 | -35.3% |
| France | 12.6 | 2.2 | 0.4 | 0.6 | -63.8% |
| Others | 35.9 | 151 | 132 | 151 | 61.4% |
| Total | 160 | 270 | 249 | 299 | 23.2% |
Top Export Markets for Vitamins; Vitamin C and Its Derivatives, Unmixed from the UK in 2022:
- United States (3.3K tons)
- South Korea (2.1K tons)
- Netherlands (1.9K tons)
- Singapore (0.7K tons)
- Japan (0.7K tons)
- Canada (0.4K tons)
- Brazil (0.3K tons)
- Poland (0.3K tons)
- Vietnam (0.3K tons)
- Germany (0.3K tons)
- Argentina (0.2K tons)
- Mexico (0.1K tons)
Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in the UK
In 2022, imports of vitamins; vitamin c and its derivatives, unmixeds into the UK amounted to 4.6K tons, increasing by 7.5% on 2021 figures. In general, imports, however, showed a perceptible downturn.
In value terms, imports of vitamins; vitamin c and its derivatives, unmixeds expanded to $26M in 2022. The total import value increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 7.9% against the previous year. As a result, imports reached the peak of $26M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Vitamins; Vitamin C and Its Derivatives, Unmixed in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.0 | 11.3 | 15.5 | 20.7 | 23.5% |
| Germany | 1.4 | 1.9 | 2.0 | 0.3 | -40.2% |
| Netherlands | 6.0 | 7.8 | 3.4 | 0.1 | -74.5% |
| Others | 5.8 | 5.0 | 4.3 | 4.4 | -8.8% |
| Total | 24.1 | 26.1 | 25.1 | 25.6 | 2.0% |
Top Suppliers of Vitamins; Vitamin C and Its Derivatives, Unmixed to the UK in 2022:
- China (4.4K tons)
569
This report provides an in-depth analysis of the vitamin market in the UK.
2792
This report provides an in-depth analysis of the global vitamin market.
569
This report provides an in-depth analysis of the vitamin market in the UK.
2792
This report provides an in-depth analysis of the global vitamin market.
278
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.
404
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.
1482
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...
873
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...
278
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.
404
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.
1482
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...
873
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...
