Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Japan - 2023
Contents:
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Japan (CIF) - 2023
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Japan (FOB) - 2022
- Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Japan
- Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Japan
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Japan (CIF) - 2023
In November 2023, the average import price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $3.4M per ton, falling by -50.4% against the previous month. Overall, the import price, however, recorded slight growth. The pace of growth was the most pronounced in October 2023 an increase of 189% m-o-m. As a result, import price reached the peak level of $6,860 per kg, and then contracted remarkably in the following month.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Spain ($9.6M per ton), while the price for China ($3.2M per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+10.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Japan (FOB) - 2022
The average export price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $34,403,696 per ton in 2022, rising by 3.9% against the previous year. In general, the export price enjoyed a prominent increase. The growth pace was the most rapid in 2016 when the average export price increased by 90%. Over the period under review, the average export prices hit record highs at $66,250,850 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($93,202,091 per ton), while the average price for exports to Taiwan (Chinese) ($12,553,333 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 Germany (+1,003.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Japan
In 2022, overseas purchases of vitamins; vitamin B12 and its derivatives, unmixeds were finally on the rise to reach 3.5 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a abrupt setback.
In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds declined notably to $17M in 2022. Overall, imports, however, saw a abrupt descent. The smallest decline of -2.2% was in 2021.
| Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 5.7 | 7.3 | 10.2 | 7.0 | 7.1% |
| China | 14.3 | 8.0 | 3.9 | 6.1 | -24.7% |
| France | 4.0 | 5.7 | 6.1 | 2.6 | -13.4% |
| Mexico | 0.5 | 0.2 | 0.8 | 1.2 | 33.9% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 24.5 | 21.5 | 21.0 | 16.9 | -11.6% |
Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to Japan in 2022:
- China (1994.0 kg)
- Spain (964.0 kg)
- France (368.0 kg)
- Mexico (184.0 kg)
Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Japan
In 2022, overseas shipments of vitamins; vitamin B12 and its derivatives, unmixeds were finally on the rise to reach 263 kg after two years of decline. In general, exports, however, recorded a precipitous descent.
In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds soared to $9M in 2022. Overall, exports, however, showed a precipitous contraction.
| Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 54.7 | 46.1 | 2.1 | 3.0 | -62.0% |
| Pakistan | 2.0 | 3.2 | 2.3 | 2.5 | 7.7% |
| Indonesia | 0.7 | 1.6 | 0.9 | 2.1 | 44.2% |
| Taiwan (Chinese) | 1.1 | 0.5 | 0.9 | 1.0 | -3.1% |
| India | 0.3 | 0.4 | 0.4 | 0.4 | 10.1% |
| Others | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 58.8 | 51.9 | 6.7 | 9.0 | -46.5% |
Top Export Markets for Vitamins; Vitamin B12 and Its Derivatives, Unmixed from Japan in 2022:
- Pakistan (88.0 kg)
- Taiwan (Chinese) (78.0 kg)
- China (49.0 kg)
- India (23.0 kg)
- Indonesia (22.0 kg)
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This report provides an in-depth analysis of the vitamin market in Japan.
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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 Japan.
2735
This report provides an in-depth analysis of the global vitamin market.
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.
367
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...
853
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.
367
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...
853
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...
