Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Brazil - 2024
Contents:
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Brazil (CIF) - 2024
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Brazil (FOB) - 2022
- Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Brazil
- Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Brazil
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Brazil (CIF) - 2024
In February 2024, the average import price for vitamins; vitamin B2 and its derivatives, unmixeds amounted to $12,925 per ton, surging by 28% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in May 2023 an increase of 56% m-o-m. As a result, import price reached the peak level of $19,512 per ton. From June 2023 to February 2024, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In February 2024, the highest price was recorded for prices from South Korea ($16,175 per ton) and India ($12,925 per ton), while the price for China ($10,948 per ton) and Germany ($11,786 per ton) were amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by South Korea (+2.3%), while the prices for the other major suppliers experienced a decline.
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Brazil (FOB) - 2022
The average export price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $17,114 per ton in 2022, waning by -16% against the previous year. Overall, the export price showed a noticeable curtailment. The most prominent rate of growth was recorded in 2017 when the average export price increased by 110%. As a result, the export price attained the peak level of $84,406 per ton. From 2018 to 2022, the average export prices remained at a 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 Argentina ($61,102 per ton), while the average price for exports to Peru ($13,480 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 Colombia (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Brazil
In 2022, purchases abroad of vitamins; vitamin B2 and its derivatives, unmixeds decreased by -5.1% to 520 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +6.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 15% against the previous year.
In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds fell modestly to $7.7M in 2022. Overall, imports saw a noticeable decline. The pace of growth was the most pronounced in 2021 when imports increased by 13%.
| Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.6 | 2.5 | 3.7 | 3.2 | 7.2% |
| China | 3.6 | 2.7 | 1.6 | 2.3 | -13.9% |
| South Korea | 2.2 | 1.6 | 2.3 | 1.9 | -4.8% |
| Others | 0.5 | 0.2 | 0.3 | 0.3 | -15.7% |
| Total | 8.8 | 7.0 | 8.0 | 7.7 | -4.4% |
Top Suppliers of Vitamins; Vitamin B2 and Its Derivatives, Unmixed to Brazil in 2022:
- Germany (254.1 tons)
- South Korea (135.0 tons)
- China (128.0 tons)
Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Brazil
In 2022, shipments abroad of vitamins; vitamin B2 and its derivatives, unmixeds was finally on the rise to reach 3.6 tons after two years of decline. Over the period under review, exports, however, recorded a dramatic slump.
In value terms, exports of vitamins; vitamin B2 and its derivatives, unmixeds skyrocketed to $62K in 2022. In general, exports, however, recorded a precipitous curtailment.
| Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | N/A | N/A | N/A | 40.4 | 0% |
| Argentina | N/A | 3.1 | N/A | 13.7 | 110.2% |
| Paraguay | 1.5 | N/A | 6.2 | 6.9 | 66.3% |
| Colombia | N/A | 25.2 | 0.1 | 0.6 | -84.6% |
| Chile | 7.0 | 23.5 | 2.8 | N/A | -36.8% |
| Belgium | 311 | N/A | N/A | N/A | 0% |
| Uruguay | N/A | 9.3 | 7.8 | N/A | -16.1% |
| Netherlands | 79.3 | N/A | N/A | N/A | 0% |
| Others | 26.1 | 6.7 | 1.2 | 0.2 | -80.3% |
| Total | 425 | 67.9 | 18.1 | 61.8 | -47.4% |
Top Export Markets for Vitamins; Vitamin B2 and Its Derivatives, Unmixed from Brazil in 2022:
- Peru (3000.0 kg)
- Paraguay (360.0 kg)
- Argentina (225.0 kg)
- Colombia (21.0 kg)
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This report provides an in-depth analysis of the vitamin market in Brazil.
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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 Brazil.
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This report provides an in-depth analysis of the global vitamin market.
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The value of Vitamin imports significantly decreased to $16M in July 2023.
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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.
370
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...
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...
315
The value of Vitamin imports significantly decreased to $16M in July 2023.
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.
370
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...
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...
