Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Oman - 2022
Contents:
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Oman (CIF) - 2022
- Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Oman
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Oman (CIF) - 2022
In 2022, the average import price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $38,354 per ton, increasing by 11% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.1% 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 +61.3% against 2018 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 41% against the previous year. Over the period under review, average import prices attained the peak figure at $39,476 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($62,000 per ton), while the price for Saudi Arabia ($6,500 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+29.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Oman
For the fourth consecutive year, Oman recorded growth in overseas purchases of vitamins; vitamin B12 and its derivatives, unmixeds, which increased by 44% to 582 kg in 2022. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 70% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds soared to $22K in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 81% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1.7 | 2.2 | 3.0 | 6.7 | 58.0% |
| France | 0.1 | 0.2 | 0.1 | 6.6 | 304.1% |
| Vietnam | N/A | N/A | N/A | 3.8 | 0% |
| Qatar | 2.5 | 2.8 | 1.9 | 2.6 | 1.3% |
| Saudi Arabia | 0.4 | 1.8 | 1.1 | 0.2 | -20.6% |
| United States | 0.1 | N/A | N/A | 0.2 | 26.0% |
| Netherlands | N/A | N/A | 1.5 | N/A | 0% |
| Australia | N/A | N/A | 6.0 | N/A | 0% |
| Others | 0.8 | 0.7 | 0.3 | 2.2 | 40.1% |
| Total | 5.7 | 7.7 | 13.9 | 22.3 | 57.6% |
Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to Oman in 2022:
- France (248.0 kg)
- United Arab Emirates (131.0 kg)
- Vietnam (97.0 kg)
- Qatar (51.0 kg)
- Saudi Arabia (26.0 kg)
- United States (12.0 kg)
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This report provides an in-depth analysis of the vitamin market in Oman.
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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 Oman.
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This report provides an in-depth analysis of the global vitamin market.
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...
856
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...
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...
856
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...
