Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Vietnam - 2022
Contents:
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Vietnam (CIF) - 2022
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Vietnam (FOB) - 2022
- Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Vietnam
- Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Vietnam
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Vietnam (CIF) - 2022
In 2022, the average import price for vitamins; vitamin B2 and its derivatives, unmixeds amounted to $30,268 per ton, with an increase of 5% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.6% 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; vitamin B2 and its derivatives, unmixeds decreased by -28.9% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 49%. The import price peaked at $42,546 per ton in 2019; however, from 2020 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 highest price was recorded for prices from India ($30,271 per ton) and South Korea ($30,269 per ton), while the price for France ($30,267 per ton) and China ($30,268 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Vietnam (FOB) - 2022
In 2022, the average export price for vitamins; vitamin B2 and its derivatives, unmixeds amounted to $22,032 per ton, which is down by -18.9% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 72%. As a result, the export price reached the peak level of $48,355 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Cambodia ($22,078 per ton) and Lao People's Democratic Republic ($22,046 per ton), while the average price for exports to Myanmar ($22,000 per ton) and India ($22,030 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 Cambodia (+1.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Vietnam
In 2022, the amount of vitamins; vitamin B2 and its derivatives, unmixeds imported into Vietnam fell to 122 tons, with a decrease of -15% on the year before. In general, imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 40%.
In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds declined to $3.7M in 2022. Over the period under review, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 2.8% against the previous year.
| Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3,295 | 2,102 | 2,322 | 1,618 | -21.1% |
| Germany | 2,319 | 1,132 | 891 | 1,034 | -23.6% |
| South Korea | 1,138 | 468 | 623 | 601 | -19.2% |
| France | 229 | 186 | 214 | 287 | 7.8% |
| India | 67.4 | 137 | 92.5 | 158 | 32.8% |
| Others | 15.5 | 6.6 | 4.8 | 4.7 | -32.8% |
| Total | 7,063 | 4,033 | 4,147 | 3,703 | -19.4% |
Top Suppliers of Vitamins; Vitamin B2 and Its Derivatives, Unmixed to Vietnam in 2022:
- China (53.4 tons)
- Germany (34.2 tons)
- South Korea (19.9 tons)
- France (9.5 tons)
- India (5.2 tons)
Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Vietnam
In 2022, approx. 3.5 tons of vitamins; vitamin B2 and its derivatives, unmixeds were exported from Vietnam; dropping by -50.9% on the year before. Over the period under review, exports faced a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year.
In value terms, exports of vitamins; vitamin B2 and its derivatives, unmixeds dropped dramatically to $76K in 2022. Overall, exports showed a sharp contraction. The smallest decline of -7.9% was in 2021.
| Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 41.0 | N/A | N/A | 35.6 | -4.6% |
| India | N/A | N/A | N/A | 28.4 | 0% |
| Myanmar | N/A | 27.8 | 18.1 | 6.6 | -51.3% |
| Lao People's Democratic Republic | 3.3 | 3.4 | 3.4 | 3.8 | 4.8% |
| Cambodia | N/A | N/A | N/A | 1.7 | 0% |
| Thailand | N/A | N/A | 39.0 | N/A | 0% |
| Malaysia | 126 | N/A | N/A | N/A | 0% |
| United States | 54.0 | N/A | N/A | N/A | 0% |
| Indonesia | 76.7 | 52.3 | 122 | N/A | 26.1% |
| Singapore | 125 | 118 | N/A | N/A | -5.6% |
| Others | N/A | 5.8 | 8.6 | N/A | 48.3% |
| Total | 425 | 208 | 191 | 76.1 | -43.6% |
Top Export Markets for Vitamins; Vitamin B2 and Its Derivatives, Unmixed from Vietnam in 2022:
- Japan (1615.0 kg)
- India (1290.0 kg)
- Myanmar (300.0 kg)
- Lao People's Democratic Republic (173.0 kg)
- Cambodia (77.0 kg)
1333
This report provides an in-depth analysis of the vitamin market in Vietnam.
2747
This report provides an in-depth analysis of the global vitamin market.
1333
This report provides an in-depth analysis of the vitamin market in Vietnam.
2747
This report provides an in-depth analysis of the global vitamin market.
237
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.
371
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.
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...
856
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...
237
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.
371
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.
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...
856
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...
