Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Uganda - 2022

Contents:

  1. Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Uganda (CIF) - 2022
  2. Imports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Uganda

Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Uganda (CIF) - 2022

The average import price for vitamins; vitamin e and its derivatives, unmixeds stood at $24,833 per ton in 2022, surging by 16% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 40%. Over the period under review, average import prices reached the maximum at $31,155 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($65,600 per ton), while the price for India ($6,824 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+26.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the third year in a row, Uganda recorded decline in supplies from abroad of vitamins; vitamin e and its derivatives, unmixeds, which decreased by -20.5% to 120 kg in 2022. Over the period under review, imports continue to indicate a precipitous contraction.

In value terms, imports of vitamins; vitamin e and its derivatives, unmixeds reduced to $3K in 2022. Overall, imports showed a precipitous contraction.

Import of Vitamins; Vitamin E and Its Derivatives, Unmixed in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.83.41.21.4-20.6%
Kenya1.01.01.30.9-3.5%
South Africa1.50.80.40.3-41.5%
India2.90.30.20.3-53.1%
SwitzerlandN/A1.2N/AN/A0%
United Arab EmiratesN/AN/AN/AN/A0%
Others0.61.30.1N/A-59.2%
Total8.97.93.23.0-30.4%

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

  1. India (51.0 kg)
  2. China (42.0 kg)
  3. Kenya (22.0 kg)
  4. South Africa (5.0 kg)

Source: IndexBox Market Intelligence Platform

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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.

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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. 

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