Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Egypt - 2023

Contents:

  1. Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Egypt (CIF) - 2022
  2. Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Egypt (FOB) - 2023
  3. Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Egypt
  4. Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Egypt

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

In 2022, the average import price for vitamins; vitamin c and its derivatives, unmixeds amounted to $6,557 per ton, dropping by -3.4% against the previous year. Over the period under review, the import price saw a mild slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 38%. Over the period under review, average import prices reached the peak figure at $7,763 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($15,015 per ton), while the price for France ($5,847 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-1.2%), while the prices for the other major suppliers experienced a decline.

Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Egypt (FOB) - 2023

In December 2023, the average export price for vitamins; vitamin c and its derivatives, unmixeds amounted to $6,831 per ton, remaining relatively unchanged against the previous month. Overall, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Ireland.

From November 2023 to December 2023, the rate of growth in terms of prices for Saudi Arabia amounted to 0.0% per month.

Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Egypt

In 2022, approx. 860 tons of vitamins; vitamin c and its derivatives, unmixeds were imported into Egypt; dropping by -26.6% on the previous year's figure. Overall, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 3.5% against the previous year. As a result, imports attained the peak of 1.2K tons, and then reduced sharply in the following year.

In value terms, imports of vitamins; vitamin c and its derivatives, unmixeds contracted sharply to $5.6M in 2022. Over the period under review, total imports indicated a perceptible increase from 2019 to 2022: its value increased at an average annual rate of +4.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 32%. As a result, imports attained the peak of $7.9M, and then reduced sharply in the following year.

Import of Vitamins; Vitamin C and Its Derivatives, Unmixed in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3,5233,5416,0363,7111.7%
United Kingdom22853426057035.7%
United States5313805125571.6%
Switzerland11669175.242854.5%
France85.011917116925.7%
Turkey11.97.512.275.785.3%
Others397741882129-31.3%
Total4,8926,0137,9495,6404.9%

Top Suppliers of Vitamins; Vitamin C and Its Derivatives, Unmixed to Egypt in 2022:

  1. China (634.7 tons)
  2. United States (95.2 tons)
  3. United Kingdom (42.4 tons)
  4. France (29.0 tons)
  5. Switzerland (28.5 tons)
  6. Turkey (12.9 tons)

Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Egypt

In 2022, approx. 396 kg of vitamins; vitamin c and its derivatives, unmixeds were exported from Egypt; jumping by 48% compared with 2021. Overall, exports, however, recorded a noticeable slump. The most prominent rate of growth was recorded in 2021 when exports increased by 93%.

In value terms, exports of vitamins; vitamin c and its derivatives, unmixeds soared to $10K in 2022. In general, exports showed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 112%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Vitamins; Vitamin C and Its Derivatives, Unmixed in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NigerN/A3.20.110.379.4%
FranceN/AN/AN/A0.10%
Gabon4.7N/AN/AN/A0%
Saudi ArabiaN/AN/A6.5N/A0%
OthersN/AN/A0.1N/A0%
Total4.73.26.810.430.3%

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

  1. Niger (385.0 kg)
  2. France (11.0 kg)
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