Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Turkey - 2024
Contents:
- Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Turkey (CIF) - 2024
- Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Turkey (FOB) - 2022
- Imports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Turkey
- Exports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Turkey
Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Turkey (CIF) - 2024
In January 2024, the average import price for vitamins; vitamin e and its derivatives, unmixeds amounted to $9,824 per ton, growing by 20% against the previous month. Over the period under review, the import price, however, recorded a mild downturn. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 29% against the previous month. Over the period under review, average import prices reached the maximum at $11,746 per ton in January 2023; however, from February 2023 to January 2024, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In January 2024, the country with the highest price was China ($10,109 per ton), while the price for Switzerland ($9,412 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 (-1.2%), while the prices for the other major suppliers experienced a decline.
Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Turkey (FOB) - 2022
The average export price for vitamins; vitamin e and its derivatives, unmixeds stood at $17,126 per ton in 2022, with an increase of 7.4% against the previous year. Over the period under review, the export price, however, recorded a perceptible slump. The pace of growth appeared the most rapid in 2020 when the average export price increased by 54%. The export price peaked at $28,537 per ton in 2013; however, from 2014 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 Russia ($77,204 per ton), while the average price for exports to Malaysia ($6,000 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 Russia (+48.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Turkey
After three years of growth, supplies from abroad of vitamins; vitamin e and its derivatives, unmixeds decreased by -3.2% to 2.6K tons in 2022. The total import volume increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 7.5%.
In value terms, imports of vitamins; vitamin e and its derivatives, unmixeds soared to $27M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.2% 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 +87.0% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 46%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Vitamins; Vitamin E and Its Derivatives, Unmixed in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.8 | 3.3 | 5.5 | 11.2 | 43.4% |
| Switzerland | 3.6 | 11.4 | 10.8 | 8.9 | 35.2% |
| China | 6.2 | 3.9 | 4.9 | 5.7 | -2.8% |
| Belgium | N/A | 0.6 | 1.1 | 0.5 | -8.7% |
| France | N/A | 1.4 | 0.3 | 0.1 | -73.3% |
| Others | 1.0 | 0.7 | 0.8 | 1.1 | 3.2% |
| Total | 14.6 | 21.4 | 23.3 | 27.3 | 23.2% |
Top Suppliers of Vitamins; Vitamin E and Its Derivatives, Unmixed to Turkey in 2022:
- Germany (1141.9 tons)
- Switzerland (836.1 tons)
- China (528.3 tons)
- Belgium (47.0 tons)
- France (5.3 tons)
Exports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Turkey
In 2022, overseas shipments of vitamins; vitamin e and its derivatives, unmixeds increased by 40% to 78 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a abrupt shrinkage.
In value terms, exports of vitamins; vitamin e and its derivatives, unmixeds skyrocketed to $1.3M in 2022. Overall, total exports indicated a tangible expansion from 2019 to 2022: its value increased at an average annual rate of +4.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -16.9% against 2020 indices.
| Export of Vitamins; Vitamin E and Its Derivatives, Unmixed in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 779 | 1,349 | 836 | 938 | 6.4% |
| Netherlands | 110 | N/A | N/A | 279 | 36.4% |
| Azerbaijan | 51.5 | 32.7 | 3.1 | 6.1 | -50.9% |
| Syrian Arab Republic | 9.4 | 19.0 | 20.9 | 3.7 | -26.7% |
| Belgium | 205 | 175 | N/A | N/A | -14.6% |
| Others | 12.3 | 41.9 | 30.5 | 116 | 111.3% |
| Total | 1,167 | 1,617 | 891 | 1,344 | 4.8% |
Top Export Markets for Vitamins; Vitamin E and Its Derivatives, Unmixed from Turkey in 2022:
- Iran (51.6 tons)
- Netherlands (23.6 tons)
- Syrian Arab Republic (0.4 tons)
- Azerbaijan (0.2 tons)
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This report provides an in-depth analysis of the vitamin market in Turkey.
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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 Turkey.
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This report provides an in-depth analysis of the global vitamin market.
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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...
291
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...
