Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in India - 2023
Contents:
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in India (FOB) - 2023
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in India (CIF) - 2023
- Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in India
- Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in India
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in India (FOB) - 2023
In November 2023, the average export price for vitamins; vitamin B2 and its derivatives, unmixeds amounted to $66,987 per ton, reducing by -17.1% against the previous month. Over the period under review, the export price continues to indicate a pronounced curtailment. The pace of growth was the most pronounced in June 2023 an increase of 21% month-to-month. The export price peaked at $90,686 per ton in November 2022; however, from December 2022 to November 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($112K per ton), while the average price for exports to China ($37,594 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in India (CIF) - 2023
The average import price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $12,896 per ton in November 2023, rising by 67% against the previous month. Over the period under review, the import price, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 111% m-o-m. Over the period under review, average import prices attained the peak figure at $45,424 per ton in May 2023; however, from June 2023 to November 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Singapore ($49,151 per ton), while the price for Belgium ($7,384 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Singapore (+0.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in India
In 2022, after three years of growth, there was significant decline in shipments abroad of vitamins; vitamin B2 and its derivatives, unmixeds, when their volume decreased by -34.1% to 89 tons. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 28% against the previous year. As a result, the exports attained the peak of 135 tons, and then dropped sharply in the following year.
In value terms, exports of vitamins; vitamin B2 and its derivatives, unmixeds reduced dramatically to $7.6M in 2022. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 20%. As a result, the exports reached the peak of $11M, and then contracted rapidly in the following year.
| Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1,185 | 1,996 | 2,186 | 1,153 | -0.9% |
| Germany | 1,163 | 1,297 | 1,883 | 1,126 | -1.1% |
| United States | 334 | 660 | 638 | 543 | 17.6% |
| Pakistan | 365 | 394 | 351 | 417 | 4.5% |
| Belgium | 584 | 298 | 513 | 366 | -14.4% |
| France | 207 | 293 | 191 | 351 | 19.2% |
| United Kingdom | 460 | 398 | 763 | 318 | -11.6% |
| Italy | 248 | 253 | 344 | 240 | -1.1% |
| Spain | 143 | 213 | 307 | 219 | 15.3% |
| Russia | 66.7 | 125 | 111 | 208 | 46.1% |
| Colombia | 125 | 171 | 256 | 191 | 15.2% |
| Mexico | 125 | 194 | 198 | 183 | 13.5% |
| Nepal | 110 | 105 | 175 | 105 | -1.5% |
| Others | 2,553 | 2,759 | 3,094 | 2,175 | -5.2% |
| Total | 7,667 | 9,156 | 11,010 | 7,596 | -0.3% |
Top Export Markets for Vitamins; Vitamin B2 and Its Derivatives, Unmixed from India in 2022:
- Germany (14.1 tons)
- Netherlands (13.5 tons)
- United States (5.6 tons)
- Pakistan (4.8 tons)
- Belgium (4.3 tons)
- France (4.0 tons)
- Nepal (3.7 tons)
- United Kingdom (3.7 tons)
- Italy (3.0 tons)
- Spain (2.6 tons)
- Russia (2.2 tons)
- Mexico (2.1 tons)
- Colombia (2.0 tons)
Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in India
Imports of vitamins; vitamin B2 and its derivatives, unmixeds into India reduced rapidly to 210 tons in 2022, declining by -43% compared with 2021. In general, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 46%. As a result, imports reached the peak of 369 tons, and then fell notably in the following year.
In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds contracted remarkably to $7.5M in 2022. Overall, imports saw a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 41% against the previous year. As a result, imports reached the peak of $14M, and then shrank dramatically in the following year.
| Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.8 | 3.0 | 3.8 | 3.0 | -14.5% |
| South Korea | 0.9 | 3.9 | 3.8 | 2.3 | 36.7% |
| Singapore | 5.1 | 2.1 | 3.9 | 1.2 | -38.3% |
| Netherlands | 0.4 | 0.2 | 1.7 | 0.8 | 26.0% |
| Others | 0.8 | 0.3 | 0.4 | 0.2 | -37.0% |
| Total | 12.0 | 9.6 | 13.6 | 7.5 | -14.5% |
Top Suppliers of Vitamins; Vitamin B2 and Its Derivatives, Unmixed to India in 2022:
- China (96.8 tons)
- South Korea (52.0 tons)
- Singapore (30.5 tons)
- Netherlands (26.4 tons)
424
This report provides an in-depth analysis of the vitamin market in India.
2760
This report provides an in-depth analysis of the global vitamin market.
424
This report provides an in-depth analysis of the vitamin market in India.
2760
This report provides an in-depth analysis of the global vitamin market.
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...
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...
