Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Canada - 2024
Contents:
- Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Canada (CIF) - 2024
- Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Canada (FOB) - 2022
- Imports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Canada
- Exports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Canada
Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Canada (CIF) - 2024
The average import price for vitamins; vitamin e and its derivatives, unmixeds stood at $10,147 per ton in January 2024, shrinking by -15% against the previous month. Over the period under review, the import price saw a noticeable reduction. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 23% month-to-month. Over the period under review, average import prices reached the peak figure at $14,995 per ton in October 2023; however, from November 2023 to January 2024, import prices stood at a somewhat 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 Switzerland ($21,098 per ton), while the price for Germany ($7,725 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Switzerland (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Canada (FOB) - 2022
The average export price for vitamins; vitamin e and its derivatives, unmixeds stood at $9,970 per ton in 2022, shrinking by -5.5% against the previous year. Over the period under review, the export price showed a abrupt setback. The most prominent rate of growth was recorded in 2016 when the average export price increased by 81% against the previous year. As a result, the export price attained the peak level of $28,011 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +14.9% per year.
Imports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Canada
In 2022, overseas purchases of vitamins; vitamin e and its derivatives, unmixeds decreased by -16.6% to 4.2K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +6.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 30% against the previous year.
In value terms, imports of vitamins; vitamin e and its derivatives, unmixeds reduced slightly to $54M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.4% 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 +53.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 34%.
| Import of Vitamins; Vitamin E and Its Derivatives, Unmixed in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.2 | 21.5 | 26.9 | 24.4 | 19.8% |
| United States | 11.3 | 11.4 | 14.4 | 14.3 | 8.2% |
| Switzerland | 3.7 | 6.0 | 6.0 | 5.2 | 12.0% |
| France | 2.5 | 2.5 | 4.0 | 4.7 | 23.4% |
| Germany | 2.1 | 3.9 | 3.0 | 4.1 | 25.0% |
| Others | 1.5 | 2.0 | 2.3 | 1.8 | 6.3% |
| Total | 35.4 | 47.3 | 56.6 | 54.4 | 15.4% |
Top Suppliers of Vitamins; Vitamin E and Its Derivatives, Unmixed to Canada in 2022:
- China (1871.3 tons)
- United States (912.2 tons)
- France (544.5 tons)
- Germany (434.7 tons)
- Switzerland (342.8 tons)
Exports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Canada
Exports of vitamins; vitamin e and its derivatives, unmixeds from Canada skyrocketed to 348 tons in 2022, rising by 17% compared with 2021. Overall, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 165%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, exports of vitamins; vitamin e and its derivatives, unmixeds totaled $3.5M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.4% 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 +53.5% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 37% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Vitamins; Vitamin E and Its Derivatives, Unmixed in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,457 | 1,201 | 2,693 | 3,225 | 30.3% |
| United Kingdom | 115 | 158 | N/A | 2.1 | -73.7% |
| Iran | 566 | 135 | 32.2 | N/A | -76.1% |
| Turkey | N/A | 526 | 227 | N/A | -56.8% |
| Others | 122 | 278 | 190 | 243 | 25.8% |
| Total | 2,260 | 2,299 | 3,142 | 3,470 | 15.4% |
Top Export Markets for Vitamins; Vitamin E and Its Derivatives, Unmixed from Canada in 2022:
- United States (341.4 tons)
- United Kingdom (0.1 tons)
554
This report provides an in-depth analysis of the vitamin market in Canada.
2813
This report provides an in-depth analysis of the global vitamin market.
554
This report provides an in-depth analysis of the vitamin market in Canada.
2813
This report provides an in-depth analysis of the global vitamin market.
131
During the period analyzed, Vitamin imports peaked at 18K tons in 2021, but saw a decrease from 2022 to 2023. In terms of value, Vitamin imports significantly dropped to $235M in 2023.
510
In June 2023, the Vitamin price in Canada was $12,803 per ton (CIF), showing a decrease of 15.2% compared to the previous month.
290
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.
414
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...
883
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...
131
During the period analyzed, Vitamin imports peaked at 18K tons in 2021, but saw a decrease from 2022 to 2023. In terms of value, Vitamin imports significantly dropped to $235M in 2023.
510
In June 2023, the Vitamin price in Canada was $12,803 per ton (CIF), showing a decrease of 15.2% compared to the previous month.
290
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.
414
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.
