Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Malaysia - 2024
Contents:
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Malaysia (CIF) - 2022
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Malaysia (FOB) - 2022
- Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Malaysia
- Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Malaysia
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Malaysia (CIF) - 2022
The average import price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $37,653 per ton in 2022, picking up by 14% against the previous year. Over the period under review, the import price showed a modest expansion. The pace of growth was the most pronounced in 2017 an increase of 45%. Over the period under review, average import prices reached the maximum at $55,331 per ton in 2018; however, from 2019 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 Australia ($220,333 per ton), while the price for Spain ($13,093 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Malaysia (FOB) - 2022
The average export price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $64,716 per ton in 2022, with an increase of 378% against the previous year. Overall, the export price saw strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($252,673 per ton), while the average price for exports to Singapore totaled $51,709 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (+107.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Malaysia
In 2022, purchases abroad of vitamins; vitamin B12 and its derivatives, unmixeds decreased by -12.4% to 30 tons, falling for the second consecutive year after two years of growth. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +7.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -21.2% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 56% against the previous year. As a result, imports reached the peak of 38 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds stood at $1.1M in 2022. The total import value increased at an average annual rate of +7.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 32% against the previous year. As a result, imports attained the peak of $1.2M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | 5.7 | 20.5 | 387 | 724.0% |
| China | 568 | 411 | 519 | 193 | -30.2% |
| Denmark | 34.5 | 52.6 | 83.2 | 150 | 63.2% |
| France | 11.0 | 37.3 | N/A | 126 | 125.4% |
| Germany | 23.7 | 1.5 | 23.9 | 119 | 71.2% |
| Switzerland | 19.3 | 155 | 178 | 115 | 81.3% |
| United States | 245 | 275 | 217 | 16.1 | -59.6% |
| India | N/A | 232 | 6.0 | N/A | -97.4% |
| Others | 1.2 | 14.9 | 66.6 | 12.5 | 118.4% |
| Total | 902 | 1,186 | 1,114 | 1,118 | 7.4% |
Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to Malaysia in 2022:
- Netherlands (8.5 tons)
- China (8.3 tons)
- Denmark (3.8 tons)
- Germany (3.3 tons)
- Switzerland (3.0 tons)
- France (1.6 tons)
- United States (0.5 tons)
Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Malaysia
In 2022, after three years of growth, there was significant decline in shipments abroad of vitamins; vitamin B12 and its derivatives, unmixeds, when their volume decreased by -38.7% to 2.1 tons. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 141%. As a result, the exports reached the peak of 3.5 tons, and then fell remarkably in the following year.
In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds skyrocketed to $138K in 2022. Over the period under review, exports, however, posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 38.3 | 39.6 | 41.8 | 104 | 39.5% |
| Bangladesh | N/A | N/A | N/A | 27.8 | 0% |
| Philippines | N/A | N/A | 5.3 | N/A | 0% |
| Others | N/A | 12.3 | N/A | 5.9 | -30.7% |
| Total | 38.3 | 51.9 | 47.1 | 138 | 53.3% |
Top Export Markets for Vitamins; Vitamin B12 and Its Derivatives, Unmixed from Malaysia in 2022:
- Singapore (2017.0 kg)
- Bangladesh (110.0 kg)
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This report provides an in-depth analysis of the vitamin market in Malaysia.
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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 Malaysia.
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This report provides an in-depth analysis of the global vitamin market.
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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.
385
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.
1454
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...
250
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.
385
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.
1454
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...
