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

Contents:

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

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

In 2022, the average import price for vitamins; vitamins a and their derivatives, unmixeds amounted to $55,068 per ton, declining by -24.9% against the previous year. In general, the import price, however, recorded a notable increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by 85%. The import price peaked at $96,314 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 highest price was recorded for prices from France ($55,069 per ton) and Germany ($55,068 per ton), while the price for China ($55,068 per ton) and Switzerland ($55,068 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for vitamins; vitamins a and their derivatives, unmixeds stood at $55,000 per ton in 2022, waning by -23.1% against the previous year. Overall, the export price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 when the average export price increased by 10%. Over the period under review, the average export prices reached the maximum at $186,632 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Cambodia ($55,033 per ton), while the average price for exports to Myanmar ($54,969 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 the Netherlands (-5.6%), while the prices for the other major destinations experienced a decline.

Imports of Vitamins; Vitamins A and Their Derivatives, Unmixed in Vietnam

In 2022, supplies from abroad of vitamins; vitamins a and their derivatives, unmixeds decreased by -9.1% to 258 tons, falling for the second year in a row after two years of growth. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 30%. As a result, imports attained the peak of 341 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of vitamins; vitamins a and their derivatives, unmixeds shrank significantly to $14M in 2022. Over the period under review, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 10% against the previous year. As a result, imports attained the peak of $24M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Vitamins; Vitamins A and Their Derivatives, Unmixed in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.09.612.67.6-8.7%
Germany3.22.81.72.9-3.2%
Switzerland5.17.53.12.3-23.3%
France3.74.43.21.2-31.3%
Others0.10.10.20.226.0%
Total22.124.420.814.2-13.7%

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

  1. China (137.4 tons)
  2. Germany (52.3 tons)
  3. Switzerland (41.9 tons)
  4. France (22.6 tons)

Exports of Vitamins; Vitamins A and Their Derivatives, Unmixed in Vietnam

In 2022, overseas shipments of vitamins; vitamins a and their derivatives, unmixeds decreased by -74% to 4.7 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a sharp downturn. The growth pace was the most rapid in 2020 with an increase of 162%. As a result, the exports attained the peak of 64 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of vitamins; vitamins a and their derivatives, unmixeds contracted rapidly to $260K in 2022. Overall, exports showed a precipitous slump. The most prominent rate of growth was recorded in 2020 with an increase of 162% against the previous year. As a result, the exports reached the peak of $4.2M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Vitamins; Vitamins A and Their Derivatives, Unmixed in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia30745.0807210-11.9%
MyanmarN/AN/A20535.4-82.7%
Cambodia9.052.412.715.018.6%
Hong Kong SARN/A1,209N/AN/A0%
South KoreaN/A433N/AN/A0%
BelgiumN/A388233N/A-39.9%
China7731,181N/AN/A52.8%
United States82.8416N/AN/A402.4%
AustraliaN/A178N/AN/A0%
Others41825346.9N/A-66.5%
Total1,5894,1551,304260-45.3%

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

  1. Indonesia (3.8 tons)
  2. Myanmar (0.6 tons)
  3. Cambodia (0.3 tons)
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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.

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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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