Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in China - 2023
Contents:
- Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in China (FOB) - 2023
- Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in China (CIF) - 2022
- Exports of Vitamins; Vitamin E and Its Derivatives, Unmixed in China
- Imports of Vitamins; Vitamin E and Its Derivatives, Unmixed in China
Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in China (FOB) - 2023
In December 2023, the average export price for vitamins; vitamin e and its derivatives, unmixeds amounted to $9,271 per ton, surging by 6% against the previous month. Over the period under review, the export price, however, continues to indicate a slight descent. The growth pace was the most rapid in January 2023 when the average export price increased by 8.1% against the previous month. The export price peaked at $12,524 per ton in April 2023; however, from May 2023 to December 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($13,653 per ton), while the average price for exports to Vietnam ($6,874 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in China (CIF) - 2022
In 2022, the average import price for vitamins; vitamin e and its derivatives, unmixeds amounted to $22,600 per ton, approximately equating the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 58%. Over the period under review, average import prices reached the peak figure at $23,817 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($46,918 per ton), while the price for India ($9,013 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+1.4%), while the prices for the other major suppliers experienced a decline.
Exports of Vitamins; Vitamin E and Its Derivatives, Unmixed in China
In 2022, overseas shipments of vitamins; vitamin e and its derivatives, unmixeds decreased by -12.3% to 77K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +4.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 27% against the previous year. As a result, the exports attained the peak of 88K tons, and then contracted in the following year.
In value terms, exports of vitamins; vitamin e and its derivatives, unmixeds expanded significantly to $932M in 2022. Overall, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 47%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Vitamins; Vitamin E and Its Derivatives, Unmixed in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 118 | 157 | 273 | 321 | 39.6% |
| Germany | 87.7 | 109 | 145 | 136 | 15.7% |
| Netherlands | 48.3 | 63.1 | 54.8 | 58.9 | 6.8% |
| Japan | 16.4 | 22.9 | 28.1 | 39.2 | 33.7% |
| Brazil | 11.1 | 19.4 | 29.8 | 35.2 | 46.9% |
| Vietnam | 10.4 | 17.9 | 24.5 | 25.4 | 34.7% |
| Singapore | 4.3 | 8.7 | 18.8 | 22.8 | 74.4% |
| South Korea | 8.6 | 10.7 | 18.1 | 22.7 | 38.2% |
| Thailand | 10.9 | 9.9 | 22.3 | 21.4 | 25.2% |
| Australia | 8.3 | 10.2 | 16.1 | 18.9 | 31.6% |
| Indonesia | 9.0 | 10.4 | 17.4 | 18.1 | 26.2% |
| Canada | 8.7 | 12.6 | 19.1 | 16.4 | 23.5% |
| Mexico | 6.2 | 8.1 | 17.0 | 12.8 | 27.3% |
| Others | 73.6 | 104 | 146 | 183 | 35.5% |
| Total | 422 | 564 | 830 | 932 | 30.2% |
Top Export Markets for Vitamins; Vitamin E and Its Derivatives, Unmixed from China in 2022:
- United States (24.2K tons)
- Germany (14.5K tons)
- Netherlands (4.5K tons)
- Brazil (4.0K tons)
- Japan (3.2K tons)
- Vietnam (2.5K tons)
- Singapore (2.2K tons)
- Thailand (2.0K tons)
- Indonesia (1.7K tons)
- South Korea (1.7K tons)
- Canada (1.3K tons)
- Australia (1.3K tons)
- Mexico (1.3K tons)
Imports of Vitamins; Vitamin E and Its Derivatives, Unmixed in China
In 2022, overseas purchases of vitamins; vitamin e and its derivatives, unmixeds were finally on the rise to reach 2.3K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a precipitous descent.
In value terms, imports of vitamins; vitamin e and its derivatives, unmixeds expanded notably to $52M in 2022. Overall, imports, however, saw a noticeable decline.
| Import of Vitamins; Vitamin E and Its Derivatives, Unmixed in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 12.2 | 16.6 | 17.8 | 19.8 | 17.5% |
| Switzerland | 28.0 | 17.4 | 14.7 | 14.0 | -20.6% |
| Germany | 12.0 | 15.7 | 9.8 | 12.1 | 0.3% |
| India | N/A | N/A | N/A | 2.0 | 0% |
| France | 1.9 | 1.6 | 2.1 | 1.9 | 0.0% |
| Denmark | 0.6 | 0.9 | 0.9 | 0.8 | 10.1% |
| Others | 1.7 | 1.9 | 2.2 | 1.7 | 0.0% |
| Total | 56.3 | 54.2 | 47.4 | 52.3 | -2.4% |
Top Suppliers of Vitamins; Vitamin E and Its Derivatives, Unmixed to China in 2022:
- Germany (754.5 tons)
- Switzerland (719.5 tons)
- United States (421.5 tons)
- India (221.4 tons)
- France (130.7 tons)
- Denmark (36.2 tons)
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This report provides an in-depth analysis of the vitamin market in China.
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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 China.
2812
This report provides an in-depth analysis of the global vitamin market.
503
In April 2023, the vitamin price stood at $8,432 per ton (FOB, China), which is down by -3.7% against 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...
503
In April 2023, the vitamin price stood at $8,432 per ton (FOB, China), which is down by -3.7% against 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...
