Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Kuwait - 2022
Contents:
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Kuwait (CIF) - 2022
- Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Kuwait
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Kuwait (CIF) - 2022
In 2022, the average import price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $70,039 per ton, reducing by -24.3% against the previous year. Over the period under review, the import price, however, continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 an increase of 83%. As a result, import price attained the peak level of $92,529 per ton, and then fell rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($303,375 per ton), while the price for the United States ($13,534 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+35.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Kuwait
Imports of vitamins; vitamin B1 and its derivatives, unmixeds into Kuwait soared to 152 kg in 2022, with an increase of 49% on the previous year's figure. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +26.0% 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 +100.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 71%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of vitamins; vitamin B1 and its derivatives, unmixeds expanded rapidly to $11K in 2022. Over the period under review, imports saw significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 77% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1.0 | 2.9 | 1.2 | 2.4 | 33.9% |
| Germany | 0.5 | 0.6 | 1.3 | 1.9 | 56.0% |
| United States | 1.0 | 2.9 | 1.3 | 1.6 | 17.0% |
| Others | 1.1 | 0.1 | 5.6 | 4.8 | 63.4% |
| Total | 3.7 | 6.6 | 9.4 | 10.6 | 42.0% |
Top Suppliers of Vitamins; Vitamin B1 and Its Derivatives, Unmixed to Kuwait in 2022:
- United States (116.0 kg)
- Germany (10.0 kg)
- United Kingdom (8.0 kg)
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This report provides an in-depth analysis of the vitamin market in Kuwait.
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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 Kuwait.
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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.
369
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.
1435
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...
854
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...
235
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.
369
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.
1435
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...
854
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...
