Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Thailand - 2024
Contents:
- Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Thailand (CIF) - 2024
- Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Thailand (FOB) - 2022
- Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Thailand
- Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Thailand
Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Thailand (CIF) - 2024
In February 2024, the average import price for vitamins; vitamin B6 and its derivatives, unmixeds amounted to $22,675 per ton, growing by 21% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The growth pace was the most rapid in March 2023 an increase of 34% against the previous month. As a result, import price attained the peak level of $26,571 per ton. From April 2023 to February 2024, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From February 2023 to February 2024, the rate of growth in terms of prices for China amounted to +1.1% per month.
Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Thailand (FOB) - 2022
The average export price for vitamins; vitamin B6 and its derivatives, unmixeds stood at $42,742 per ton in 2022, growing by 66% against the previous year. In general, the export price recorded a prominent increase. The growth pace was the most rapid in 2016 an increase of 66% against the previous year. Over the period under review, the average export prices hit record highs at $50,948 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($110,056 per ton), while the average price for exports to Myanmar ($13,635 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 Cambodia (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Thailand
In 2022, overseas purchases of vitamins; vitamin B6 and its derivatives, unmixeds decreased by -15.1% to 335 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 13% against the previous year.
In value terms, imports of vitamins; vitamin B6 and its derivatives, unmixeds contracted to $8.3M in 2022. Overall, imports continue to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 3.5%. As a result, imports reached the peak of $9.5M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.0 | 9.0 | 8.3 | 8.2 | 0.8% |
| Germany | 1.2 | 0.5 | 0.3 | 0.1 | -56.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.2 | 9.5 | 8.7 | 8.3 | -3.4% |
Top Suppliers of Vitamins; Vitamin B6 and Its Derivatives, Unmixed to Thailand in 2022:
- China (331.4 tons)
- Germany (2.7 tons)
Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Thailand
In 2022, the amount of vitamins; vitamin B6 and its derivatives, unmixeds exported from Thailand was estimated at 7 tons, growing by 7.1% against 2021. In general, exports, however, showed a pronounced decline. The most prominent rate of growth was recorded in 2021 when exports increased by 17% against the previous year.
In value terms, exports of vitamins; vitamin B6 and its derivatives, unmixeds skyrocketed to $301K in 2022. Over the period under review, exports saw buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 158 | 85.7 | 107 | 246 | 15.9% |
| Myanmar | 20.7 | 38.6 | 36.2 | 35.0 | 19.1% |
| Lao People's Democratic Republic | 11.8 | 6.4 | N/A | 17.6 | 14.3% |
| New Zealand | N/A | 12.7 | N/A | N/A | 0% |
| Pakistan | 36.7 | 9.9 | 25.4 | N/A | -16.8% |
| Others | 1.2 | 0.5 | 0.7 | 2.5 | 27.7% |
| Total | 229 | 154 | 170 | 301 | 9.5% |
Top Export Markets for Vitamins; Vitamin B6 and Its Derivatives, Unmixed from Thailand in 2022:
- Cambodia (4.3 tons)
- Myanmar (2.6 tons)
- Lao People's Democratic Republic (0.2 tons)
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This report provides an in-depth analysis of the vitamin market in Thailand.
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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 Thailand.
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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...
