Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Japan - 2023

Contents:

  1. Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Japan (CIF) - 2023
  2. Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Japan (FOB) - 2023
  3. Imports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Japan
  4. Exports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Japan

Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Japan (CIF) - 2023

The average import price for vitamins; vitamin e and its derivatives, unmixeds stood at $11,600 per ton in November 2023, with an increase of 11% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 30% month-to-month. As a result, import price reached the peak level of $16,442 per ton. From May 2023 to November 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($54,744 per ton), while the price for Belgium ($7,808 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 Germany (+1.3%), while the prices for the other major suppliers experienced a decline.

Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Japan (FOB) - 2023

The average export price for vitamins; vitamin e and its derivatives, unmixeds stood at $64,301 per ton in November 2023, falling by -10% against the previous month. In general, the export price saw a noticeable decrease. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 51% month-to-month. As a result, the export price attained the peak level of $96,055 per ton. From February 2023 to November 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was France ($822K per ton), while the average price for exports to Taiwan (Chinese) ($41,527 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 France (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Japan

After three years of growth, overseas purchases of vitamins; vitamin e and its derivatives, unmixeds decreased by -4.8% to 4.2K tons in 2022. The total import volume increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 12% against the previous year.

In value terms, imports of vitamins; vitamin e and its derivatives, unmixeds rose markedly to $54M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.4% 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 +74.7% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 41% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Vitamins; Vitamin E and Its Derivatives, Unmixed in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15.522.928.336.232.7%
Germany4.85.06.57.918.1%
Switzerland4.410.07.95.25.7%
United States3.33.93.83.2-1.0%
Belgium1.90.60.50.7-28.3%
Others0.91.00.90.8-3.9%
Total30.843.547.953.920.5%

Top Suppliers of Vitamins; Vitamin E and Its Derivatives, Unmixed to Japan in 2022:

  1. China (2978.3 tons)
  2. Germany (789.5 tons)
  3. Switzerland (277.3 tons)
  4. United States (67.5 tons)
  5. Belgium (67.5 tons)

Exports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Japan

In 2022, after three years of growth, there was significant decline in shipments abroad of vitamins; vitamin e and its derivatives, unmixeds, when their volume decreased by -25.5% to 260 tons. Overall, exports showed a perceptible curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 11% against the previous year.

In value terms, exports of vitamins; vitamin e and its derivatives, unmixeds declined to $14M in 2022. The total export value increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 15%. As a result, the exports reached the peak of $16M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Vitamins; Vitamin E and Its Derivatives, Unmixed in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.67.48.78.27.5%
Taiwan (Chinese)1.21.31.41.57.7%
Netherlands0.50.90.41.233.9%
Thailand0.40.50.50.614.5%
Germany0.30.50.70.518.6%
Indonesia1.70.50.70.2-51.0%
Vietnam0.20.30.30.20.0%
Hong Kong SAR0.10.10.10.226.0%
Philippines0.11.20.4N/A100.0%
Others2.53.12.21.7-12.1%
Total13.715.815.314.21.2%

Top Export Markets for Vitamins; Vitamin E and Its Derivatives, Unmixed from Japan in 2022:

  1. United States (158.1 tons)
  2. Taiwan (Chinese) (37.1 tons)
  3. Netherlands (16.5 tons)
  4. Germany (10.9 tons)
  5. Thailand (8.2 tons)
  6. Vietnam (4.9 tons)
  7. Hong Kong SAR (4.7 tons)
  8. Indonesia (3.1 tons)
  9. Philippines (0.2 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
The World's Best Import Markets for Vitamins
Oct 6, 2023
Eye 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.

COVID Pandemic Instigates Global Vitamin Trade Growth
Feb 8, 2022
Eye 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. 

Which Country Imports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 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...

Which Country Exports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 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...

The World's Best Import Markets for Vitamins
Oct 6, 2023
Eye 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.

COVID Pandemic Instigates Global Vitamin Trade Growth
Feb 8, 2022
Eye 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. 

Which Country Imports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 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...

Which Country Exports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 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...

Free Data: Vitamins; vitamin E and its derivatives, unmixed - Japan