Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Australia - 2024
Contents:
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Australia (CIF) - 2022
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Australia (FOB) - 2022
- Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Australia
- Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Australia
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Australia (CIF) - 2022
In 2022, the average import price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $129,984 per ton, falling by -5.5% against the previous year. Overall, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vitamins; vitamin B12 and its derivatives, unmixeds increased by +13.4% against 2019 indices. The growth pace was the most rapid in 2015 an increase of 55% against the previous year. The import price peaked at $183,042 per ton in 2018; however, from 2019 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 Mexico ($429,624 per ton), while the price for France ($27,778 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Australia (FOB) - 2022
In 2022, the average export price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $18,198 per ton, waning by -28.1% against the previous year. In general, the export price recorded a perceptible setback. The growth pace was the most rapid in 2020 an increase of 998% against the previous year. As a result, the export price attained the peak level of $123,211 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($233,353 per ton), while the average price for exports to Papua New Guinea ($76 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 Hong Kong SAR (+760.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Australia
In 2022, approx. 29 tons of vitamins; vitamin B12 and its derivatives, unmixeds were imported into Australia; growing by 6.9% compared with 2021 figures. Overall, imports, however, continue to indicate a pronounced decline. The growth pace was the most rapid in 2021 when imports increased by 22%.
In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds amounted to $3.8M in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 19%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,083 | 1,015 | 1,267 | 1,579 | 13.4% |
| Mexico | 84.4 | 553 | 702 | 957 | 124.7% |
| Argentina | 383 | 370 | 882 | 621 | 17.5% |
| United States | 258 | 219 | 428 | 304 | 5.6% |
| France | 1,109 | 533 | 271 | 193 | -44.2% |
| Switzerland | 70.6 | 16.5 | 14.0 | 10.7 | -46.7% |
| Canada | 472 | 276 | 64.3 | N/A | -63.1% |
| Others | 256 | 161 | 115 | 118 | -22.8% |
| Total | 3,717 | 3,143 | 3,745 | 3,783 | 0.6% |
Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to Australia in 2022:
- China (13.0 tons)
- France (6.9 tons)
- Argentina (3.1 tons)
- United States (2.7 tons)
- Mexico (2.2 tons)
- Switzerland (0.4 tons)
Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Australia
In 2022, the amount of vitamins; vitamin B12 and its derivatives, unmixeds exported from Australia skyrocketed to 44 tons, rising by 836% against 2021 figures. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 1,077% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds surged to $808K in 2022. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | N/A | N/A | N/A | 313 | 0% |
| Indonesia | N/A | N/A | N/A | 277 | 0% |
| Hong Kong SAR | N/A | N/A | 43.7 | 126 | 188.3% |
| New Zealand | 4.6 | 12.1 | 15.6 | 46.9 | 116.8% |
| Papua New Guinea | N/A | N/A | N/A | 2.9 | 0% |
| Thailand | 1.5 | 2.2 | 36.5 | 0.9 | -15.7% |
| China | 7.0 | N/A | N/A | N/A | 0% |
| Others | 1.3 | 35.4 | 24.2 | 40.2 | 213.9% |
| Total | 14.4 | 49.7 | 120 | 808 | 282.8% |
Top Export Markets for Vitamins; Vitamin B12 and Its Derivatives, Unmixed from Australia in 2022:
- Papua New Guinea (38.4 tons)
- Singapore (1.9 tons)
- New Zealand (1.5 tons)
- Indonesia (1.2 tons)
- Hong Kong SAR (1.1 tons)
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This report provides an in-depth analysis of the vitamin market in Australia.
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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 Australia.
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This report provides an in-depth analysis of the global vitamin market.
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In November 2022, the vitamin price stood at $2,605 per ton (FOB, Australia), declining by -91.2% against the previous month.
235
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.
369
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.
1437
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...
854
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...
247
In November 2022, the vitamin price stood at $2,605 per ton (FOB, Australia), declining by -91.2% against the previous month.
235
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.
369
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.
1437
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...
854
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...
