Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Japan - 2023
Contents:
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Japan (CIF) - 2022
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Japan (FOB) - 2023
- Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Japan
- Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Japan
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Japan (CIF) - 2022
The average import price for vitamins; vitamin B1 and its derivatives, unmixeds stood at $34,917 per ton in 2022, growing by 8.6% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 38%. The import price peaked at $56,333 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 Taiwan (Chinese) ($96,601 per ton), while the price for China ($26,624 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Japan (FOB) - 2023
The average export price for vitamins; vitamin B1 and its derivatives, unmixeds stood at $88,330 per ton in November 2023, surging by 21% against the previous month. Over the period under review, the export price, however, saw a perceptible setback. The growth pace was the most rapid in March 2023 an increase of 132% against the previous month. Over the period under review, the average export prices reached the maximum at $157K per ton in May 2023; however, from June 2023 to November 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Germany ($154K per ton), while the average price for exports to Taiwan (Chinese) ($73,755 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 Taiwan (Chinese) (+0.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Japan
In 2022, approx. 320 tons of vitamins; vitamin B1 and its derivatives, unmixeds were imported into Japan; with an increase of 4.9% compared with 2021 figures. The total import volume increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 10%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of vitamins; vitamin B1 and its derivatives, unmixeds expanded rapidly to $11M in 2022. Over the period under review, imports, however, continue to indicate a slight reduction.
| Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.0 | 5.4 | 5.2 | 5.6 | 3.8% |
| Germany | 5.7 | 5.3 | 4.2 | 4.6 | -6.9% |
| Taiwan (Chinese) | 0.5 | 0.4 | 0.4 | 0.8 | 17.0% |
| Others | 0.6 | 0.6 | N/A | 0.2 | -30.7% |
| Total | 11.8 | 11.6 | 9.8 | 11.2 | -1.7% |
Top Suppliers of Vitamins; Vitamin B1 and Its Derivatives, Unmixed to Japan in 2022:
- China (209.4 tons)
- Germany (99.1 tons)
- Taiwan (Chinese) (8.5 tons)
Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Japan
In 2022, exports of vitamins; vitamin b1 and its derivatives, unmixeds from Japan contracted slightly to 46 tons, with a decrease of -4.5% on the previous year's figure. In general, exports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2021 when exports increased by 40%.
In value terms, exports of vitamins; vitamin B1 and its derivatives, unmixeds declined remarkably to $6.2M in 2022. Over the period under review, exports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 34% against the previous year.
| Export of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.3 | 3.3 | 3.1 | 3.0 | 9.3% |
| South Korea | 1.4 | 1.2 | 2.3 | 1.0 | -10.6% |
| United States | 0.9 | 0.6 | 1.7 | 0.6 | -12.6% |
| Russia | 3.5 | 0.1 | N/A | 0.5 | -47.7% |
| Vietnam | 0.4 | 0.7 | 1.4 | 0.4 | 0.0% |
| Taiwan (Chinese) | 0.8 | 0.1 | 0.1 | 0.3 | -27.9% |
| China | 0.4 | 0.3 | 0.3 | 0.3 | -9.1% |
| Others | 0.9 | 0.2 | 0.3 | 0.1 | -51.9% |
| Total | 10.6 | 6.7 | 9.0 | 6.2 | -16.4% |
Top Export Markets for Vitamins; Vitamin B1 and Its Derivatives, Unmixed from Japan in 2022:
- Germany (21.3 tons)
- South Korea (8.0 tons)
- Taiwan (Chinese) (5.2 tons)
- China (3.8 tons)
- United States (3.6 tons)
- Russia (2.9 tons)
- Vietnam (0.9 tons)
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This report provides an in-depth analysis of the vitamin market in Japan.
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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 Japan.
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This report provides an in-depth analysis of the global vitamin market.
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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.
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...
