Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Kenya - 2022
Contents:
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Kenya (CIF) - 2022
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Kenya (FOB) - 2022
- Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Kenya
- Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Kenya
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Kenya (CIF) - 2022
The average import price for vitamins; vitamin B1 and its derivatives, unmixeds stood at $25,208 per ton in 2022, with a decrease of -9.8% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 108%. Over the period under review, average import prices hit record highs at $62,900 per ton in 2017; however, from 2018 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 Germany ($68,000 per ton), while the price for India ($24,182 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+27.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Kenya (FOB) - 2022
The average export price for vitamins; vitamin B1 and its derivatives, unmixeds stood at $50,000 per ton in 2022, with an increase of 13% against the previous year. Over the period under review, the export price saw prominent growth. The pace of growth was the most pronounced in 2014 an increase of 111%. The export price peaked at $59,773 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($96,000 per ton), while the average price for exports to Malawi ($23,875 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 Democratic Republic of the Congo (+26.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Kenya
Imports of vitamins; vitamin B1 and its derivatives, unmixeds into Kenya shrank rapidly to 3.6 tons in 2022, which is down by -25% against 2021. In general, imports, however, saw a strong increase. The growth pace was the most rapid in 2021 with an increase of 194% against the previous year. As a result, imports reached the peak of 4.8 tons, and then contracted sharply in the following year.
In value terms, imports of vitamins; vitamin B1 and its derivatives, unmixeds declined sharply to $90K in 2022. Overall, imports, however, showed moderate growth. The most prominent rate of growth was recorded in 2021 with an increase of 210%. As a result, imports attained the peak of $133K, and then dropped markedly in the following year.
| Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 47.2 | 24.3 | 105 | 76.4 | 17.4% |
| India | 18.3 | 8.2 | 16.2 | 10.0 | -18.2% |
| South Korea | 4.4 | 4.3 | 5.2 | N/A | 8.7% |
| South Africa | 3.2 | 3.2 | 3.9 | N/A | 10.4% |
| Others | 9.6 | 3.2 | 3.3 | 3.8 | -26.6% |
| Total | 82.8 | 43.1 | 133 | 90.2 | 2.9% |
Top Suppliers of Vitamins; Vitamin B1 and Its Derivatives, Unmixed to Kenya in 2022:
- China (3.1 tons)
- India (0.4 tons)
Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Kenya
In 2022, shipments abroad of vitamins; vitamin B1 and its derivatives, unmixeds was finally on the rise to reach 34 kg after two years of decline. Overall, exports, however, continue to indicate a sharp setback.
In value terms, exports of vitamins; vitamin B1 and its derivatives, unmixeds skyrocketed to $1.7K in 2022. Over the period under review, exports, however, showed a deep slump.
| Export of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 1,660 | 779 | 504 | 1,222 | -9.7% |
| Malawi | 1,297 | 449 | 214 | 382 | -33.5% |
| Democratic Republic of the Congo | 35.0 | 87.0 | 47.0 | 96.0 | 40.0% |
| Others | N/A | N/A | 28.0 | N/A | 0% |
| Total | 2,992 | 1,315 | 793 | 1,700 | -17.2% |
Top Export Markets for Vitamins; Vitamin B1 and Its Derivatives, Unmixed from Kenya in 2022:
- Tanzania (17.0 kg)
- Malawi (16.0 kg)
- Democratic Republic of the Congo (1.0 kg)
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This report provides an in-depth analysis of the vitamin market in Kenya.
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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 Kenya.
2747
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.
371
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.
371
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...
