Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Mexico - 2023
Contents:
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Mexico (CIF) - 2023
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Mexico (FOB) - 2022
- Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Mexico
- Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Mexico
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Mexico (CIF) - 2023
The average import price for vitamins; vitamin c and its derivatives, unmixeds stood at $2,981 per ton in December 2023, which is down by -19.6% against the previous month. In general, the import price showed a slight reduction. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 72% month-to-month. Over the period under review, average import prices hit record highs at $5,261 per ton in January 2023; however, from February 2023 to December 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the United States ($11,113 per ton), while the price for China stood at $2,553 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the United States (+5.7%).
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Mexico (FOB) - 2022
The average export price for vitamins; vitamin c and its derivatives, unmixeds stood at $3,837 per ton in 2022, reducing by -9.1% against the previous year. Overall, the export price saw a deep contraction. The growth pace was the most rapid in 2017 an increase of 20%. Over the period under review, the average export prices reached the maximum at $10,048 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Guatemala.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +4.3% per year.
Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Mexico
In 2022, approx. 4K tons of vitamins; vitamin c and its derivatives, unmixeds were imported into Mexico; increasing by 12% on the previous year's figure. The total import volume increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of vitamins; vitamin c and its derivatives, unmixeds totaled $20M in 2022. The total import value increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 12% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Vitamins; Vitamin C and Its Derivatives, Unmixed in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.1 | 10.2 | 16.8 | 18.2 | 17.9% |
| United Kingdom | 5.9 | 5.7 | 2.6 | 1.6 | -35.3% |
| United States | 0.6 | 0.7 | 0.7 | 0.6 | 0.0% |
| France | 0.7 | 1.0 | 0.2 | N/A | -46.5% |
| Others | 0.3 | 0.6 | 0.1 | N/A | -42.3% |
| Total | 18.5 | 18.2 | 20.4 | 20.5 | 3.5% |
Top Suppliers of Vitamins; Vitamin C and Its Derivatives, Unmixed to Mexico in 2022:
- China (3.8K tons)
- United States (0.1K tons)
- United Kingdom (0.1K tons)
Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Mexico
In 2022, shipments abroad of vitamins; vitamin c and its derivatives, unmixeds was finally on the rise to reach 48 tons after two years of decline. Over the period under review, exports, however, saw a abrupt descent.
In value terms, exports of vitamins; vitamin c and its derivatives, unmixeds soared to $183K in 2022. Overall, exports, however, recorded a significant decrease.
| Export of Vitamins; Vitamin C and Its Derivatives, Unmixed in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 201 | N/A | 116 | 183 | -3.1% |
| Ecuador | N/A | 25.9 | N/A | N/A | 0% |
| Colombia | 12.4 | 78.6 | N/A | N/A | 533.9% |
| Costa Rica | 195 | 85.2 | N/A | N/A | -56.3% |
| El Salvador | 97.6 | 133 | N/A | N/A | 36.3% |
| Cuba | 67.0 | 25.4 | N/A | N/A | -62.1% |
| Others | 14.7 | 3.8 | N/A | N/A | -74.1% |
| Total | 588 | 352 | 116 | 183 | -32.2% |
Top Export Markets for Vitamins; Vitamin C and Its Derivatives, Unmixed from Mexico in 2022:
- Guatemala (47.7 tons)
467
This report provides an in-depth analysis of the vitamin market in Mexico.
2742
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 Mexico.
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This report provides an in-depth analysis of the global vitamin market.
285
In January 2023, the vitamin price amounted to $10,469 per ton (CIF, Mexico), waning by -13.7% against the previous month.
237
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.
370
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.
1438
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...
855
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...
285
In January 2023, the vitamin price amounted to $10,469 per ton (CIF, Mexico), waning by -13.7% against the previous month.
237
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.
370
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.
1438
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...
855
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...
