Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Brazil - 2024

Contents:

  1. Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Brazil (CIF) - 2024
  2. Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Brazil (FOB) - 2022
  3. Imports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Brazil
  4. Exports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Brazil

Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Brazil (CIF) - 2024

The average import price for vitamins; vitamin e and its derivatives, unmixeds stood at $8,399 per ton in February 2024, rising by 12% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 an increase of 29% against the previous month. As a result, import price reached the peak level of $11,834 per ton. From April 2023 to February 2024, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($35,642 per ton), while the price for Germany ($6,405 per ton) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by the United States (+13.7%), while the prices for the other major suppliers experienced a decline.

Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Brazil (FOB) - 2022

In 2022, the average export price for vitamins; vitamin e and its derivatives, unmixeds amounted to $5,249 per ton, rising by 14% against the previous year. Over the period under review, the export price, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by 65% against the previous year. Over the period under review, the average export prices hit record highs at $38,521 per ton in 2013; however, from 2014 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 Peru ($28,827 per ton), while the average price for exports to Argentina ($3,064 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 Denmark (+3.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Brazil

In 2022, after three years of growth, there was significant decline in overseas purchases of vitamins; vitamin e and its derivatives, unmixeds, when their volume decreased by -8.6% to 8.4K tons. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +12.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.3% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 32%.

In value terms, imports of vitamins; vitamin e and its derivatives, unmixeds surged to $81M in 2022. In general, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 48%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Import of Vitamins; Vitamin E and Its Derivatives, Unmixed in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.420.228.036.852.4%
Germany8.211.113.916.325.7%
Switzerland12.96.914.215.46.1%
United States1.12.44.09.6105.9%
BelgiumN/A0.42.70.950.0%
France2.83.12.30.5-43.7%
Others0.50.70.91.130.1%
Total35.944.766.080.731.0%

Top Suppliers of Vitamins; Vitamin E and Its Derivatives, Unmixed to Brazil in 2022:

  1. China (4.1K tons)
  2. Switzerland (1.8K tons)
  3. Germany (1.8K tons)
  4. United States (0.6K tons)
  5. Belgium (0.1K tons)

Exports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Brazil

In 2022, after three years of growth, there was decline in shipments abroad of vitamins; vitamin e and its derivatives, unmixeds, when their volume decreased by -1.7% to 447 tons. In general, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 93%. As a result, the exports attained the peak of 455 tons, and then contracted in the following year.

In value terms, exports of vitamins; vitamin e and its derivatives, unmixeds rose significantly to $2.3M in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 67% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Vitamins; Vitamin E and Its Derivatives, Unmixed in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China26060458867737.6%
Argentina34512488050913.8%
Uruguay34.750.6184309107.3%
Chile13136231.429731.4%
PeruN/AN/AN/A2250%
Paraguay3.91.445.890.9185.6%
IndiaN/A24.3N/AN/A0%
Others8.490.3367239205.3%
Total7831,2562,0962,34644.2%

Top Export Markets for Vitamins; Vitamin E and Its Derivatives, Unmixed from Brazil in 2022:

  1. China (208.6 tons)
  2. Argentina (166.2 tons)
  3. Uruguay (25.7 tons)
  4. Chile (24.3 tons)
  5. Paraguay (8.5 tons)
  6. Peru (7.8 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Vitamins; vitamin E and its derivatives, unmixed - Brazil