Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Hong Kong SAR - 2023
Contents:
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Hong Kong SAR (FOB) - 2022
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Hong Kong SAR (CIF) - 2022
- Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Hong Kong SAR
- Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Hong Kong SAR
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $21,700 per ton, which is down by -25.1% against the previous year. Overall, the export price saw a slight descent. The pace of growth was the most pronounced in 2016 an increase of 38%. The export price peaked at $46,559 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($50,789 per ton), while the average price for exports to the Philippines ($7,952 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 (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Hong Kong SAR (CIF) - 2022
The average import price for vitamins; vitamin B1 and its derivatives, unmixeds stood at $21,531 per ton in 2022, waning by -15.8% against the previous year. Over the period under review, the import price showed a perceptible slump. The pace of growth appeared the most rapid in 2017 when the average import price increased by 56%. As a result, import price attained the peak level of $61,156 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +29.0% per year.
Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Hong Kong SAR
In 2022, the amount of vitamins; vitamin B1 and its derivatives, unmixeds exported from Hong Kong SAR soared to 40 tons, picking up by 258% compared with the previous year. Over the period under review, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of vitamins; vitamin B1 and its derivatives, unmixeds surged to $859K in 2022. Overall, exports saw a remarkable increase.
| Export of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 264 | 402 | 119 | 234 | -3.9% |
| Denmark | N/A | N/A | 0.6 | 82.0 | 13566.7% |
| Germany | 27.5 | 54.6 | 30.9 | 74.8 | 39.6% |
| Spain | 14.5 | 39.1 | 31.8 | 62.7 | 62.9% |
| Guatemala | 18.8 | 45.1 | 23.4 | 55.3 | 43.3% |
| South Africa | 33.4 | 48.1 | 12.6 | 40.9 | 7.0% |
| Philippines | 25.9 | 50.4 | 21.1 | 40.2 | 15.8% |
| Netherlands | 104 | 86.6 | 15.5 | 5.3 | -62.9% |
| Others | 74.3 | 178 | 65.6 | 264 | 52.6% |
| Total | 563 | 904 | 320 | 859 | 15.1% |
Top Export Markets for Vitamins; Vitamin B1 and Its Derivatives, Unmixed from Hong Kong SAR in 2022:
- India (9.0 tons)
- Philippines (5.1 tons)
- Germany (4.2 tons)
- Denmark (3.9 tons)
- Spain (2.4 tons)
- South Africa (1.4 tons)
- Guatemala (1.1 tons)
- Netherlands (0.3 tons)
Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Hong Kong SAR
Imports of vitamins; vitamin B1 and its derivatives, unmixeds into Hong Kong SAR skyrocketed to 5.2 tons in 2022, jumping by 218% compared with the previous year. Over the period under review, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of vitamins; vitamin B1 and its derivatives, unmixeds skyrocketed to $112K in 2022. Overall, imports recorded a significant increase. 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 Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 29.8 | 25.9 | 17.2 | 106 | 52.6% |
| Netherlands | 6.2 | 4.1 | 1.5 | N/A | -50.8% |
| Germany | 1.0 | 1.5 | 1.9 | N/A | 37.8% |
| Others | 23.3 | 21.7 | 21.3 | 6.1 | -36.0% |
| Total | 60.4 | 53.2 | 41.8 | 112 | 22.9% |
Top Suppliers of Vitamins; Vitamin B1 and Its Derivatives, Unmixed to Hong Kong SAR in 2022:
- China (5.2 tons)
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This report provides an in-depth analysis of the vitamin market in Hong Kong SAR, China.
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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 Hong Kong SAR, China.
2756
This report provides an in-depth analysis of the global vitamin market.
251
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.
385
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.
1455
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...
864
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...
251
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.
385
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.
1455
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...
864
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...
