Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in New Zealand - 2024

Contents:

  1. Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in New Zealand (CIF) - 2022
  2. Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in New Zealand (FOB) - 2022
  3. Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in New Zealand
  4. Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in New Zealand

Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in New Zealand (CIF) - 2022

The average import price for vitamins; vitamin B1 and its derivatives, unmixeds stood at $27,322 per ton in 2022, remaining relatively unchanged against the previous year. In general, the import price, however, saw a slight contraction. The growth pace was the most rapid in 2016 an increase of 57% against the previous year. The import price peaked at $55,805 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($27,323 per ton) and the Netherlands ($27,322 per ton), while the price for Greece ($27,317 per ton) and the United States ($27,320 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in New Zealand (FOB) - 2022

In 2022, the average export price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $30,888 per ton, growing by 12% against the previous year. In general, the export price, however, showed a perceptible decrease. The most prominent rate of growth was recorded in 2016 when the average export price increased by 60% against the previous year. The export price peaked at $58,814 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Vanuatu ($31,304 per ton) and China ($30,899 per ton), while the average price for exports to Norfolk Island ($30,721 per ton) and Australia ($30,793 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vanuatu (+73.9%), while the prices for the other major destinations experienced a decline.

Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in New Zealand

Imports of vitamins; vitamin B1 and its derivatives, unmixeds into New Zealand rose rapidly to 33 tons in 2022, picking up by 11% compared with 2021. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +18.2% 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 +65.3% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 28%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of vitamins; vitamin B1 and its derivatives, unmixeds rose sharply to $889K in 2022. The total import value increased at an average annual rate of +10.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China421277389384-3.0%
Germany13812914222117.0%
Switzerland9.516111470.294.8%
Australia49.272.067.768.111.4%
United States21.057.725.566.646.9%
Netherlands0.1N/A22.948.8687.3%
GreeceN/AN/AN/A24.30%
Others14.025.636.46.4-23.0%
Total65272279888910.9%

Top Suppliers of Vitamins; Vitamin B1 and Its Derivatives, Unmixed to New Zealand in 2022:

  1. China (14.0 tons)
  2. Germany (8.1 tons)
  3. Switzerland (2.6 tons)
  4. Australia (2.5 tons)
  5. United States (2.4 tons)
  6. Netherlands (1.8 tons)
  7. Greece (0.9 tons)

Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in New Zealand

For the fourth consecutive year, New Zealand recorded growth in overseas shipments of vitamins; vitamin B1 and its derivatives, unmixeds, which increased by 11% to 1.5 tons in 2022. Overall, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 118%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, exports of vitamins; vitamin B1 and its derivatives, unmixeds surged to $47K in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 113% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/A0.9N/A41.5579.1%
Australia1.21.10.73.441.5%
Norfolk Island2.12.14.51.3-14.8%
VanuatuN/AN/AN/A0.70%
MalaysiaN/A11.5N/AN/A0%
SingaporeN/A6.77.3N/A9.0%
Samoa14.215.124.9N/A32.4%
OthersN/AN/A0.40.40.0%
Total17.537.337.947.339.3%

Top Export Markets for Vitamins; Vitamin B1 and Its Derivatives, Unmixed from New Zealand in 2022:

  1. China (1342.0 kg)
  2. Australia (111.0 kg)
  3. Norfolk Island (43.0 kg)
  4. Vanuatu (23.0 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
Feb 8, 2022
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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. 

Which Country Imports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 1438

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...

Which Country Exports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 855

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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