Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in the Dominican Republic - 2023
Contents:
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in the Dominican Republic (CIF) - 2022
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in the Dominican Republic (FOB) - 2022
- Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in the Dominican Republic
- Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in the Dominican Republic
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in the Dominican Republic (CIF) - 2022
The average import price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $23,937 per ton in 2022, shrinking by -16.9% against the previous year. Over the period under review, the import price continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 an increase of 31%. As a result, import price attained the peak level of $70,547 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($210,427 per ton), while the price for Germany ($14,969 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.5%), while the prices for the other major suppliers experienced a decline.
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in the Dominican Republic (FOB) - 2022
In 2022, the average export price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $601,500 per ton, with an increase of 62% against the previous year. In general, the export price enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 an increase of 261% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,026,125 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($720,000 per ton), while the average price for exports to Cuba amounted to $483,000 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (+1,171.1%), while the prices for the other major destinations experienced a decline.
Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in the Dominican Republic
In 2022, imports of vitamins; vitamin b12 and its derivatives, unmixeds into the Dominican Republic skyrocketed to 8.3 tons, growing by 22% against the previous year's figure. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +24.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 76%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds amounted to $200K in 2022. Overall, imports, however, continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2020 with an increase of 37%. As a result, imports attained the peak of $302K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 136 | 183 | 138 | 137 | 0.2% |
| Mexico | 21.2 | 8.6 | 27.1 | 47.8 | 31.1% |
| France | 23.1 | 49.1 | 2.4 | 6.2 | -35.5% |
| Germany | 1.5 | 22.1 | 9.7 | 6.2 | 60.5% |
| United States | 25.1 | 12.9 | 3.0 | 0.1 | -84.1% |
| Spain | 9.8 | 22.0 | N/A | N/A | 124.5% |
| Others | 4.0 | 4.3 | 17.5 | 2.9 | -10.2% |
| Total | 221 | 302 | 197 | 200 | -3.3% |
Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to the Dominican Republic in 2022:
- China (7.4 tons)
- Germany (0.4 tons)
- France (0.3 tons)
- Mexico (0.2 tons)
Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in the Dominican Republic
In 2022, shipments abroad of vitamins; vitamin B12 and its derivatives, unmixeds decreased by 0% to 4 kg, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a significant decline. The growth pace was the most rapid in 2020 with an increase of 163%. As a result, the exports attained the peak of 21 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds soared to $2.4K in 2022. Overall, exports saw a sharp shrinkage.
| Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uruguay | 7.4 | 1.9 | 1.4 | 1.4 | -42.6% |
| Cuba | N/A | N/A | N/A | 1.0 | 0% |
| Haiti | 0.8 | 0.2 | N/A | N/A | -75.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 8.2 | 2.2 | 1.5 | 2.4 | -33.6% |
Top Export Markets for Vitamins; Vitamin B12 and Its Derivatives, Unmixed from the Dominican Republic in 2022:
- Cuba (2.0 kg)
- Uruguay (2.0 kg)
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This report provides an in-depth analysis of the vitamin market in the Dominican Republic.
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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 the Dominican Republic.
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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.
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...
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...
