Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Costa Rica - 2022

Contents:

  1. Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Costa Rica (CIF) - 2022
  2. Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Costa Rica (FOB) - 2022
  3. Imports of Vitamins; Vitamins A and Their Derivatives, Unmixed in Costa Rica
  4. Exports of Vitamins; Vitamins A and Their Derivatives, Unmixed in Costa Rica

Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Costa Rica (CIF) - 2022

The average import price for vitamins; vitamins a and their derivatives, unmixeds stood at $34,686 per ton in 2022, almost unchanged from the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vitamins; vitamins a and their derivatives, unmixeds increased by +39.5% against 2015 indices. The pace of growth appeared the most rapid in 2021 an increase of 40% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($99,525 per ton), while the price for the Netherlands ($5,700 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+45.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Costa Rica (FOB) - 2022

The average export price for vitamins; vitamins a and their derivatives, unmixeds stood at $13,695 per ton in 2022, with a decrease of -60.9% against the previous year. Over the period under review, the export price saw a abrupt contraction. The pace of growth was the most pronounced in 2016 an increase of 382%. Over the period under review, the average export prices attained the maximum at $51,967 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for El Salvador.

From 2012 to 2022, the rate of growth in terms of prices for Guatemala amounted to -5.7% per year.

Imports of Vitamins; Vitamins A and Their Derivatives, Unmixed in Costa Rica

In 2022, overseas purchases of vitamins; vitamins a and their derivatives, unmixeds decreased by -10.7% to 35 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 +1.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 13% against the previous year.

In value terms, imports of vitamins; vitamins a and their derivatives, unmixeds fell to $1.2M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.2% 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 +52.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 45% against the previous year. As a result, imports reached the peak of $1.3M, and then declined in the following year.

Import of Vitamins; Vitamins A and Their Derivatives, Unmixed in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland32325042450716.2%
Mexico45.210125226079.2%
Denmark72.227325225452.1%
China36.214488.473.426.6%
France97.752.958.956.8-16.5%
United States51.34.718426.4-19.9%
Netherlands52.020.77.70.1-87.6%
Others11075.966.826.1-38.1%
Total7889231,3341,20315.1%

Top Suppliers of Vitamins; Vitamins A and Their Derivatives, Unmixed to Costa Rica in 2022:

  1. Denmark (13.9 tons)
  2. Switzerland (11.1 tons)
  3. Mexico (6.0 tons)
  4. France (1.6 tons)
  5. China (1.3 tons)
  6. United States (0.3 tons)

Exports of Vitamins; Vitamins A and Their Derivatives, Unmixed in Costa Rica

In 2022, exports of vitamins; vitamins a and their derivatives, unmixeds from Costa Rica expanded remarkably to 1.6 tons, surging by 9.1% against 2021 figures. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 585%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, exports of vitamins; vitamins a and their derivatives, unmixeds dropped sharply to $22K in 2022. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 362% against the previous year. As a result, the exports attained the peak of $51K, and then fell sharply in the following year.

Export of Vitamins; Vitamins A and Their Derivatives, Unmixed in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
El SalvadorN/AN/AN/A21.60%
Dominican Republic1.1N/AN/AN/A0%
PeruN/A5.716.2N/A184.2%
Guatemala7.35.334.4N/A117.1%
OthersN/AN/AN/AN/A0%
Total8.411.050.621.637.0%

Top Export Markets for Vitamins; Vitamins A and Their Derivatives, Unmixed from Costa Rica in 2022:

  1. El Salvador (1575.0 kg)
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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.

COVID Pandemic Instigates Global Vitamin Trade Growth
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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. 

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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...

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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...

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