Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Mexico - 2023
Contents:
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Mexico (CIF) - 2023
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Mexico (FOB) - 2022
- Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Mexico
- Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Mexico
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Mexico (CIF) - 2023
The average import price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $19,839 per ton in December 2023, shrinking by -9.8% against the previous month. Overall, the import price, however, saw a moderate increase. The growth pace was the most rapid in January 2023 an increase of 164% month-to-month. As a result, import price attained the peak level of $33,124 per ton. From February 2023 to December 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($23,748 per ton), while the price for China amounted to $12,974 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.2%).
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Mexico (FOB) - 2022
In 2022, the average export price for vitamins; vitamin B2 and its derivatives, unmixeds amounted to $28,013 per ton, growing by 4.8% against the previous year. Over the period under review, the export price posted a remarkable increase. The growth pace was the most rapid in 2021 an increase of 67% against the previous year. Over the period under review, the average export prices hit record highs at $39,628 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jamaica ($135,780 per ton), while the average price for exports to Guatemala ($9,206 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 (+130.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Mexico
In 2022, the amount of vitamins; vitamin B2 and its derivatives, unmixeds imported into Mexico surged to 71 tons, with an increase of 105% against the previous year's figure. Over the period under review, imports, however, showed a deep slump.
In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds soared to $1.4M in 2022. In general, imports, however, recorded a precipitous descent.
| Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,399 | 1,011 | 486 | 1,079 | -8.3% |
| Germany | 3,026 | 2,252 | 31.7 | 189 | -60.3% |
| United States | 6.6 | 25.7 | N/A | 85.1 | 134.5% |
| France | 364 | 335 | N/A | 76.7 | -40.5% |
| South Korea | N/A | 2,134 | 394 | N/A | -81.5% |
| India | 147 | 187 | N/A | N/A | 27.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4,943 | 5,946 | 912 | 1,430 | -33.9% |
Top Suppliers of Vitamins; Vitamin B2 and Its Derivatives, Unmixed to Mexico in 2022:
- China (56.9 tons)
- Germany (7.5 tons)
- France (5.1 tons)
- United States (1.6 tons)
Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Mexico
In 2022, overseas shipments of vitamins; vitamin B2 and its derivatives, unmixeds were finally on the rise to reach 5.9 tons after two years of decline. Overall, exports, however, continue to indicate a sharp shrinkage.
In value terms, exports of vitamins; vitamin B2 and its derivatives, unmixeds surged to $164K in 2022. Over the period under review, exports, however, continue to indicate a precipitous descent.
| Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jamaica | 13.8 | 4.0 | 7.2 | 59.3 | 62.6% |
| Barbados | N/A | 16.6 | 28.6 | 38.8 | 52.9% |
| Guatemala | 350 | 73.2 | 33.7 | 38.3 | -52.2% |
| Ecuador | N/A | N/A | 7.6 | 6.9 | -9.2% |
| Costa Rica | 50.0 | N/A | N/A | N/A | 0% |
| Others | 51.7 | 12.4 | 16.4 | 20.5 | -26.5% |
| Total | 466 | 106 | 93.5 | 164 | -29.4% |
Top Export Markets for Vitamins; Vitamin B2 and Its Derivatives, Unmixed from Mexico in 2022:
- Guatemala (4.2 tons)
- Barbados (0.8 tons)
- Jamaica (0.4 tons)
- Ecuador (0.4 tons)
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This report provides an in-depth analysis of the vitamin market in Mexico.
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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 Mexico.
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This report provides an in-depth analysis of the global vitamin market.
296
In January 2023, the vitamin price amounted to $10,469 per ton (CIF, Mexico), waning by -13.7% against the previous month.
254
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.
386
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.
1458
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...
296
In January 2023, the vitamin price amounted to $10,469 per ton (CIF, Mexico), waning by -13.7% against the previous month.
254
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.
386
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.
1458
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...
