Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in the Philippines - 2023
Contents:
- Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in the Philippines (CIF) - 2022
- Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in the Philippines (FOB) - 2022
- Imports of Vitamins; Vitamins A and Their Derivatives, Unmixed in the Philippines
- Exports of Vitamins; Vitamins A and Their Derivatives, Unmixed in the Philippines
Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in the Philippines (CIF) - 2022
The average import price for vitamins; vitamins a and their derivatives, unmixeds stood at $48,210 per ton in 2022, dropping by -11.6% against the previous year. In general, the import price, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2018 an increase of 64%. The import price peaked at $61,188 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($71,335 per ton), while the price for India ($24,009 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in the Philippines (FOB) - 2022
In 2022, the average export price for vitamins; vitamins a and their derivatives, unmixeds amounted to $134,688 per ton, with an increase of 50% against the previous year. Over the period under review, the export price posted a prominent increase. The pace of growth appeared the most rapid in 2013 an increase of 95% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($276,325 per ton), while the average price for exports to Malaysia ($36,830 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 Thailand (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamins A and Their Derivatives, Unmixed in the Philippines
In 2022, the amount of vitamins; vitamins a and their derivatives, unmixeds imported into the Philippines expanded rapidly to 267 tons, growing by 5.8% against 2021. In general, imports, however, continue to indicate a deep reduction.
In value terms, imports of vitamins; vitamins a and their derivatives, unmixeds shrank to $13M in 2022. Overall, imports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 11% against the previous year.
| Import of Vitamins; Vitamins A and Their Derivatives, Unmixed in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.9 | 6.1 | 4.5 | 4.0 | -20.3% |
| Switzerland | 1.5 | 0.6 | 2.4 | 3.9 | 37.5% |
| Germany | 1.6 | 2.1 | 1.1 | 2.2 | 11.2% |
| France | 2.1 | 0.3 | 1.3 | 1.2 | -17.0% |
| India | 1.5 | 1.1 | 0.9 | 0.6 | -26.3% |
| Singapore | 4.4 | 1.1 | 1.6 | 0.5 | -51.6% |
| Thailand | 0.2 | 0.2 | 0.2 | N/A | 0.0% |
| Others | 1.1 | 1.0 | 1.9 | 0.3 | -35.2% |
| Total | 20.3 | 12.4 | 13.7 | 12.9 | -14.0% |
Top Suppliers of Vitamins; Vitamins A and Their Derivatives, Unmixed to the Philippines in 2022:
- China (85.5 tons)
- Germany (56.9 tons)
- Switzerland (55.4 tons)
- France (27.1 tons)
- India (26.5 tons)
- Singapore (9.4 tons)
Exports of Vitamins; Vitamins A and Their Derivatives, Unmixed in the Philippines
In 2022, the amount of vitamins; vitamins a and their derivatives, unmixeds exported from the Philippines declined rapidly to 109 kg, waning by -34.3% on the previous year's figure. Over the period under review, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 11% against the previous year.
In value terms, exports of vitamins; vitamins a and their derivatives, unmixeds reduced slightly to $15K in 2022. Overall, exports recorded a slight decrease. The smallest decline of -1.7% was in 2020.
| Export of Vitamins; Vitamins A and Their Derivatives, Unmixed in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.6 | 9.4 | 4.6 | 11.1 | 164.5% |
| Malaysia | 3.6 | 4.4 | 1.0 | 2.0 | -17.8% |
| Iceland | N/A | N/A | N/A | 0.4 | 0% |
| Ireland | 0.5 | 0.7 | 0.2 | 0.4 | -7.2% |
| Thailand | 0.7 | 0.3 | N/A | 0.3 | -24.6% |
| Germany | 2.9 | N/A | N/A | N/A | 0% |
| United States | N/A | N/A | 9.1 | N/A | 0% |
| Papua New Guinea | 3.8 | N/A | N/A | N/A | 0% |
| Others | 3.5 | 0.4 | 0.1 | 0.7 | -41.5% |
| Total | 15.5 | 15.2 | 14.9 | 14.7 | -1.8% |
Top Export Markets for Vitamins; Vitamins A and Their Derivatives, Unmixed from the Philippines in 2022:
- Malaysia (53.0 kg)
- India (40.0 kg)
- Iceland (6.0 kg)
- Ireland (3.0 kg)
- Thailand (1.0 kg)
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This report provides an in-depth analysis of the vitamin market in the Philippines.
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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 Philippines.
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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.
403
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.
1475
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...
869
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...
275
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.
403
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.
1475
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...
869
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...
