Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in the United States - 2023
Contents:
- Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in the United States (CIF) - 2023
- Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in the United States (FOB) - 2023
- Imports of Vitamins; Vitamin E and Its Derivatives, Unmixed in the United States
- Exports of Vitamins; Vitamin E and Its Derivatives, Unmixed in the United States
Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in the United States (CIF) - 2023
In December 2023, the average import price for vitamins; vitamin e and its derivatives, unmixeds amounted to $9,889 per ton, falling by -15.4% against the previous month. Overall, the import price recorded a noticeable slump. The most prominent rate of growth was recorded in September 2023 an increase of 100% m-o-m. The import price peaked at $17,283 per ton in May 2023; however, from June 2023 to December 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In December 2023, the countries with the highest prices were France ($11,999 per ton) and Switzerland ($8,849 per ton), while the price for Germany ($8,236 per ton) and China ($8,801 per ton) were amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (-0.7%), while the prices for the other major suppliers experienced a decline.
Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in the United States (FOB) - 2023
The average export price for vitamins; vitamin e and its derivatives, unmixeds stood at $36,368 per ton in December 2023, stabilizing at the previous month. In general, export price indicated a moderate expansion from December 2022 to December 2023: its price increased at an average monthly rate of +3.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, export price for vitamins; vitamin e and its derivatives, unmixeds increased by +96.3% against September 2023 indices. The growth pace was the most rapid in October 2023 when the average export price increased by 71% against the previous month. Over the period under review, the average export prices attained the peak figure at $37,966 per ton in May 2023; however, from June 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 India ($167K per ton), while the average price for exports to Switzerland ($9,254 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 India (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin E and Its Derivatives, Unmixed in the United States
In 2022, after three years of growth, there was significant decline in supplies from abroad of vitamins; vitamin e and its derivatives, unmixeds, when their volume decreased by -11.6% to 34K tons. The total import volume increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. As a result, imports attained the peak of 39K tons, and then dropped in the following year.
In value terms, imports of vitamins; vitamin e and its derivatives, unmixeds expanded notably to $465M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.8% 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 +85.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Vitamins; Vitamin E and Its Derivatives, Unmixed in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 119 | 158 | 272 | 324 | 39.6% |
| Germany | 26.3 | 26.0 | 33.1 | 42.1 | 17.0% |
| Switzerland | 63.6 | 53.3 | 44.1 | 38.2 | -15.6% |
| France | 10.4 | 15.3 | 12.2 | 12.5 | 6.3% |
| Others | 31.1 | 33.7 | 45.7 | 47.9 | 15.5% |
| Total | 251 | 286 | 407 | 465 | 22.8% |
Top Suppliers of Vitamins; Vitamin E and Its Derivatives, Unmixed to the United States in 2022:
- China (25.7K tons)
- Germany (4.4K tons)
- Switzerland (2.8K tons)
- France (0.7K tons)
Exports of Vitamins; Vitamin E and Its Derivatives, Unmixed in the United States
Exports of vitamins; vitamin e and its derivatives, unmixeds from the United States soared to 5.6K tons in 2022, jumping by 20% against the year before. In general, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +23.4% 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 +88.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 27%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, exports of vitamins; vitamin e and its derivatives, unmixeds rose remarkably to $132M in 2022. The total export value increased at an average annual rate of +13.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 20%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the near future.
| Export of Vitamins; Vitamin E and Its Derivatives, Unmixed in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 22.8 | 31.2 | 34.7 | 34.8 | 15.1% |
| China | 13.9 | 19.6 | 20.1 | 21.8 | 16.2% |
| Mexico | 4.1 | 7.7 | 8.5 | 13.8 | 49.9% |
| Brazil | 1.2 | 1.7 | 3.0 | 6.9 | 79.2% |
| Australia | 3.9 | 2.5 | 4.4 | 6.3 | 17.3% |
| South Korea | 2.3 | 2.6 | 5.0 | 4.9 | 28.7% |
| Germany | 8.8 | 7.6 | 7.8 | 3.5 | -26.5% |
| Japan | 4.7 | 3.2 | 3.4 | 3.5 | -9.4% |
| Netherlands | 6.2 | 4.7 | 4.4 | 3.1 | -20.6% |
| Chile | 0.3 | 0.4 | 0.3 | 3.1 | 117.8% |
| Singapore | 9.3 | 6.3 | 3.9 | 1.9 | -41.1% |
| Others | 13.1 | 11.7 | 23.8 | 28.4 | 29.4% |
| Total | 90.5 | 99.2 | 119 | 132 | 13.4% |
Top Export Markets for Vitamins; Vitamin E and Its Derivatives, Unmixed from the United States in 2022:
- Canada (2064.1 tons)
- Mexico (961.7 tons)
- China (483.1 tons)
- Brazil (424.5 tons)
- Chile (262.3 tons)
- Australia (223.4 tons)
- Germany (171.6 tons)
- Netherlands (115.2 tons)
- Singapore (89.4 tons)
- South Korea (84.5 tons)
- Japan (74.7 tons)
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This report provides an in-depth analysis of the vitamin market in the U.S..
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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 U.S..
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This report provides an in-depth analysis of the global vitamin market.
525
In August 2022, the vitamin price per ton amounted to $14.7K (CIF, US), surging by 3% against the previous month.
316
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.
428
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.
1517
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...
901
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...
525
In August 2022, the vitamin price per ton amounted to $14.7K (CIF, US), surging by 3% against the previous month.
316
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.
428
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.
1517
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...
901
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...
