Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Singapore - 2023

Contents:

  1. Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Singapore (CIF) - 2022
  2. Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Singapore (FOB) - 2022
  3. Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Singapore
  4. Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Singapore

Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Singapore (CIF) - 2022

The average import price for vitamins; vitamin B6 and its derivatives, unmixeds stood at $27,124 per ton in 2022, surging by 3.7% against the previous year. Over the period under review, the import price, however, recorded a slight setback. The growth pace was the most rapid in 2016 an increase of 21% against the previous year. The import price peaked at $44,884 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($40,257 per ton), while the price for China ($24,809 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Singapore (FOB) - 2022

In 2022, the average export price for vitamins; vitamin B6 and its derivatives, unmixeds amounted to $27,300 per ton, declining by -12% against the previous year. Overall, the export price recorded a noticeable slump. The most prominent rate of growth was recorded in 2018 an increase of 16%. As a result, the export price reached the peak level of $44,410 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($48,293 per ton), while the average price for exports to Taiwan (Chinese) ($19,845 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 Japan (+2.1%), while the prices for the other major destinations experienced a decline.

Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Singapore

In 2022, supplies from abroad of vitamins; vitamin B6 and its derivatives, unmixeds decreased by -25.2% to 253 tons, falling for the second year in a row after two years of growth. In general, imports saw a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 10%. As a result, imports reached the peak of 473 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of vitamins; vitamin B6 and its derivatives, unmixeds shrank markedly to $6.9M in 2022. Over the period under review, imports recorded a dramatic slump. The smallest decline of -13.8% was in 2020.

Import of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.78.45.95.5-17.2%
Germany4.03.62.01.2-33.1%
Others0.70.50.90.2-34.1%
Total14.512.58.86.9-21.9%

Top Suppliers of Vitamins; Vitamin B6 and Its Derivatives, Unmixed to Singapore in 2022:

  1. China (220.3 tons)
  2. Germany (30.4 tons)

Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Singapore

In 2022, overseas shipments of vitamins; vitamin B6 and its derivatives, unmixeds decreased by -24.5% to 214 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 4.5%. As a result, the exports attained the peak of 416 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of vitamins; vitamin B6 and its derivatives, unmixeds fell remarkably to $5.8M in 2022. Overall, exports continue to indicate a dramatic decline. The smallest decline of -19.4% was in 2020.

Export of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1.61.22.51.5-2.1%
Vietnam1.51.10.50.9-15.7%
Indonesia2.51.91.60.6-37.9%
Malaysia0.81.00.80.6-9.1%
Bangladesh2.61.71.80.5-42.3%
Philippines1.80.80.30.4-39.4%
Thailand1.92.30.70.4-40.5%
South Korea0.40.80.30.2-20.6%
Others2.61.70.40.8-32.5%
Total15.612.58.85.8-28.1%

Top Export Markets for Vitamins; Vitamin B6 and Its Derivatives, Unmixed from Singapore in 2022:

  1. India (70.7 tons)
  2. Vietnam (33.3 tons)
  3. Thailand (20.5 tons)
  4. Indonesia (20.4 tons)
  5. Malaysia (17.7 tons)
  6. Philippines (13.8 tons)
  7. Bangladesh (10.2 tons)
  8. South Korea (3.6 tons)

Source: IndexBox Market Intelligence Platform

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